PHD Construction Group Limited
PHD Construction Group Limited
Registered number: 09570745
Abbreviated accounts
For the Period 1 May 2015 to 30 June 2016
PHD Construction Group Limited
Company No. 09570745
Abbreviated Balance Sheet
30 June 2016
Abbreviated Balance Sheet
| Period to 30 June 2016 | |||
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| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible Assets | 2 |
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| 936 | |||
| CURRENT ASSETS | |||
| Debtors |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||
| Called up share capital | 3 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS |
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PHD Construction Group Limited
Company No. 09570745
Abbreviated Balance Sheet (continued)
30 June 2016
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
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PHD Construction Group Limited
Notes to the Abbreviated Accounts
For the Period 1 May 2015 to 30 June 2016
Notes to the Abbreviated Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
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2.
Tangible Assets
| Total | |
|---|---|
| Cost | £ |
| As at |
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| Additions |
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| As at |
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| Depreciation | |
| As at |
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| Provided during the period |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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PHD Construction Group Limited
Notes to the Abbreviated Accounts (continued)
For the Period 1 May 2015 to 30 June 2016
4.
Transactions With and Loans to Directors
Included within Debtors are the following loans to directors:
| As at |
Amounts advanced | Amounts repaid | As at |
|
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Mr Patrick Harrington | - | 19,533 | - | 19,533 |
The above loan is unsecured, with interest charged at 3.5% and was repaid after the year end.
5.
Ultimate Controlling Party
The company's ultimate controlling party is director by virtue of his ownership of 80% of the issued share capital in the company.
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