Coniston Construction (UK) Ltd. - Period Ending 2016-04-30

Registration number: 04251107

Coniston Construction (UK) Ltd.

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2016
 

McParland Williams Limited
Accountants and Tax Practitioners
13 Liverpool Road North
Maghull
Merseyside
L31 2HB

Coniston Construction (UK) Ltd.
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Coniston Construction (UK) Ltd.
(Registration number: 04251107)
Abbreviated Balance Sheet at 30 April 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					355,645			355,760
Current assets
Cash at bank and in hand					27			15
Creditors: Amounts falling due within one year					(336,375)			(341,151)
Net current liabilities					(336,348)			(341,136)
Net assets					19,297			14,624
Capital and reserves
Called up share capital		3			2			2
Revaluation reserve					84,000			84,000
Profit and loss account					(64,705)			(69,378)
Shareholders' funds					19,297			14,624

For the year ending 30 April 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 director acknowledges his 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 director on 22 July 2016

.........................................
Mr Michael Anthony Albert
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Coniston Construction (UK) Ltd.
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% Reducing balance

Investment properties

Certain of the company's properties are held for long-term investment. Investment properties are accounted for in accordance with the FRSSE, as follows: No depreciation is provided in respect of investment properties and they are revalued annually. The surplus or deficit on revaluation is transferred to the revaluation reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year. This treatment as regards the company's investment properties may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, these properties are not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Coniston Construction (UK) Ltd.
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 May 2015		369,660			369,660
At 30 April 2016		369,660			369,660
Depreciation
At 1 May 2015		13,900			13,900
Charge for the year		115			115
At 30 April 2016		14,015			14,015
Net book value
At 30 April 2016		355,645			355,645
At 30 April 2015		355,760			355,760

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 3