Abbreviated Company Accounts - N STEWART BUILDING CONTRACTORS LIMITED

Abbreviated Company Accounts - N STEWART BUILDING CONTRACTORS LIMITED


Registered Number 07086005

N STEWART BUILDING CONTRACTORS LIMITED

Abbreviated Accounts

30 June 2016

N STEWART BUILDING CONTRACTORS LIMITED Registered Number 07086005

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 20,679 24,363
20,679 24,363
Current assets
Stocks 19,403 33,622
Debtors 543,967 296,465
Cash at bank and in hand 1,010,404 529,562
1,573,774 859,649
Creditors: amounts falling due within one year (615,755) (158,315)
Net current assets (liabilities) 958,019 701,334
Total assets less current liabilities 978,698 725,697
Total net assets (liabilities) 978,698 725,697
Capital and reserves
Called up share capital 1 1
Profit and loss account 978,697 725,696
Shareholders' funds 978,698 725,697
  • For the year ending 30 June 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 26 January 2017

And signed on their behalf by:
I Stewart, Director

N STEWART BUILDING CONTRACTORS LIMITED Registered Number 07086005

Notes to the Abbreviated Accounts for the period ended 30 June 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Plant & Machinery 15% reducing balance
Fixtures & Fittings 15% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 33% reducing balance

2Tangible fixed assets
£
Cost
At 1 July 2015 42,779
Additions 2,057
Disposals -
Revaluations -
Transfers -
At 30 June 2016 44,836
Depreciation
At 1 July 2015 18,416
Charge for the year 5,741
On disposals -
At 30 June 2016 24,157
Net book values
At 30 June 2016 20,679
At 30 June 2015 24,363