ARC Construction Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02796885 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

ARC CONSTRUCTION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P T D'Arcy

REGISTERED OFFICE:

12-14 Lower Green Road

Rusthall

Tunbridge Wells

Kent

TN4 8TE

REGISTERED NUMBER:

02796885 (England and Wales)

ACCOUNTANTS:

Griffins

Chartered Accountants

Griffins Court

24-32 London Road

NEWBURY

Berkshire

RG14 1JX

FIXED ASSETS

Tangible assets

2

1,720

2,973

CURRENT ASSETS

Debtors

620,512

683,808

Cash at bank

87,627

475,142

708,139

1,158,950

CREDITORS

Amounts falling due within one year

160,012

514,768

NET CURRENT ASSETS

548,127

644,182

TOTAL ASSETS LESS CURRENT
LIABILITIES

549,847

647,155

CAPITAL AND RESERVES

Called up share capital

3

Profit and loss account

549,844

647,152

SHAREHOLDERS' FUNDS

549,847

647,155

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 25 November 2016 and were signed by:

P T D'Arcy - 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/services adjusted for amounts recoverable under contracts, 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.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

107,061

DEPRECIATION

At 1 April 2015

104,088

Charge for year

1,253

At 31 March 2016

105,341

NET BOOK VALUE

At 31 March 2016

1,720

At 31 March 2015

2,973

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/16

31/3/15

value:

£

3

Ordinary share capital

£1

3