Abbreviated Company Accounts - TIMOTHY PERRIS BUILDING CONTRACTORS LIMITED

TIMOTHY PERRIS BUILDING CONTRACTORS LIMITED - Company Information

Registered Number 08935379

TIMOTHY PERRIS BUILDING CONTRACTORS LIMITED

Abbreviated Accounts

31 March 2016

TIMOTHY PERRIS BUILDING CONTRACTORS LIMITED Registered Number 08935379

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	14,660	14,436
		14,660	14,436
Current assets
Stocks		1,150	950
Debtors		48,324	-
Cash at bank and in hand		37,146	31,128
		86,620	32,078
Creditors: amounts falling due within one year		(75,293)	(39,732)
Net current assets (liabilities)		11,327	(7,654)
Total assets less current liabilities		25,987	6,782
Total net assets (liabilities)		25,987	6,782
Capital and reserves
Called up share capital		100	100
Profit and loss account		25,887	6,682
Shareholders' funds		25,987	6,782

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 November 2016

And signed on their behalf by:
Timothy Perris, Director

TIMOTHY PERRIS BUILDING CONTRACTORS LIMITED Registered Number 08935379

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:-
Plant & Machinery - 25% Straight Line
Fixtures Fittings & Equipment - 33% straight line
Motor Vehicles - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2015	18,770
Additions	6,010
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	24,780
Depreciation
At 1 April 2015	4,334
Charge for the year	5,786
On disposals	-
At 31 March 2016	10,120
Net book values
At 31 March 2016	14,660
At 31 March 2015	14,436