Accounts filed on 31-03-2016


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31 March 2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 07154748


Registered Number: 07154748

BALANCE SHEET AT 31 MARCH 2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		278		370

CURRENT ASSETS
Stock		-		3,300
Debtors (amounts falling due within one year)	3	283		1,246
Cash at bank and in hand		1,246		840
		1,529		5,386
CREDITORS: Amounts falling due within one year		11,847		17,168
NET CURRENT LIABILITIES			(10,318)		(11,782)
TOTAL ASSETS LESS CURRENT LIABILITIES			(10,040)		(11,412)

CAPITAL AND RESERVES

Called up share capital	4		10		10
Profit and loss account			(10,050)		(11,422)
SHAREHOLDERS' FUNDS			(10,040)		(11,412)

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 December 2016 and signed on their behalf by




Mr C Fairburn
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Going Concern
Despite making a profit during the year the company has an excess of liabilities over assets as at the balance sheet date. However, apart from normal trade liabilities the only significant liability is to the company's director, who has confirmed that he will continue to support the company financially. The director anticipates that the company will generate positive cash flows for the next 12 months and the accounts have therefore been prepared on the going concern basis.




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		25%
Commercial Vehicles		25%
Equipment		25%




1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	283	1,246
	283	1,246




4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
10 Ordinary shares of £1 each	10	10
	10	10




5. TRANSACTIONS WITH DIRECTORS
'Other creditors' includes £10,487 (2015: £16,234) owed to Mr C Fairburn.