Ultimate Builder Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06645575 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 5TH APRIL 2016

FOR

ULTIMATE BUILDER LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S R Betts

C Stannier

REGISTERED OFFICE:

84 Cinnamon Lane

Warrington

WA2 0AW

REGISTERED NUMBER:

06645575 (England and Wales)

ACCOUNTANTS:

Rose Rowland and Co

Chartered Accountants

High Street

Weaverham

Northwich

Cheshire

CW8 3HA

FIXED ASSETS

Tangible assets

2

167,207

169,606

CURRENT ASSETS

Stocks

1,500

1,250

Debtors

674

1,997

Cash at bank

3,784

4,185

5,958

7,432

CREDITORS

Amounts falling due within one year

90,720

105,803

NET CURRENT LIABILITIES

(84,762

)

(98,371

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

82,445

71,235

CREDITORS

Amounts falling due after more than
one year

(5,758

)

(7,365

)

PROVISIONS FOR LIABILITIES

(107

)

(587

)

NET ASSETS

76,580

63,283

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

76,480

63,183

SHAREHOLDERS' FUNDS

76,580

63,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19th December 2016 and were
signed on its behalf by:

S R Betts - Director

1.	ACCOUNTING POLICIES

ACCOUNTING CONVENTION

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

TURNOVER

Turnover represents net invoiced sales of goods, excluding value added tax.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to the profit and loss account on a straight

line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 6th April 2015

and 5th April 2016

185,848

DEPRECIATION

At 6th April 2015

16,242

Charge for year

2,399

At 5th April 2016

18,641

NET BOOK VALUE

At 5th April 2016

167,207

At 5th April 2015

169,606

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.16

5.4.15

value:

£

100

Ordinary

1

100