Meadow Decking Limited - Period Ending 2016-06-30

MEADOW DECKING LIMITED - Company Information

Registration number: 06927139

Meadow Decking Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2016

Exactax Limited
Chartered Certified Accountants and Chartered Tax Advisers
Cromwell House
Mill Street
Cannock
Staffs
WS11 0DP

Meadow Decking Limited

Contents

Accountants' Report	1
Abbreviated Balance Sheet	2
Notes to the Abbreviated Accounts	3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Meadow Decking Limited
for the Year Ended 30 June 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Meadow Decking Limited for the year ended 30 June 2016 set out on pages XX from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Meadow Decking Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Meadow Decking Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Meadow Decking Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Meadow Decking Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Meadow Decking Limited. You consider that Meadow Decking Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Meadow Decking Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Exactax Limited
Chartered Certified Accountants and Chartered Tax Advisers
Cromwell House
Mill Street
Cannock
Staffs
WS11 0DP

10 November 2016

Page 1

Meadow Decking Limited

(Registration number: 06927139)
Abbreviated Balance Sheet as at 30 June 2016

	Note	2016 £	2015 £
Fixed assets
Tangible assets	2	1,150	2,299
Current assets
Cash at bank and in hand		50	32
Creditors: Amounts falling due within one year		(6,234)	(5,233)
Net current liabilities		(6,184)	(5,201)
Total assets less current liabilities		(5,034)	(2,902)
Accruals and deferred income		(1,000)	(900)
Net liabilities		(6,034)	(3,802)
Capital and reserves
Called up share capital	3	100	1
Profit and loss account		(6,134)	(3,803)
Shareholders deficit		(6,034)	(3,802)

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 director on 10 November 2016

.........................................
Brett Sparry
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Meadow Decking Limited

Notes to the Abbreviated Accounts

Accounting policies

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

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	Straight line at 25%
Motor vehicles	Straight line at 25%

Fixed assets

	Tangible assets £	Total £
Cost
At 1 July 2015	7,096	7,096
At 30 June 2016	7,096	7,096
Depreciation
At 1 July 2015	4,797	4,797
Charge for the year	1,149	1,149
At 30 June 2016	5,946	5,946
Net book value
At 30 June 2016	1,150	1,150
At 30 June 2015	2,299	2,299

Page 3

Meadow Decking Limited

Notes to the Abbreviated Accounts (continued)

Share capital

Allotted, called up and fully paid shares

	2016		2015
	No.	£	No.	£
Ordinary Shares of £1 each	100	100	1	1

New shares allotted

During the year 99 Ordinary Shares having an aggregate nominal value of £99 were allotted for an aggregate consideration of £99.

Analysis of net debt

	At 1 July 2015 £	Cash flow £	At 30 June 2016 £
Cash at bank and in hand	32	18	50
Net debt	32	18	50

Control

The director is the controlling party by virtue of his controlling shareholding in the company.

Page 4