Henners Construction Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08521553 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Henners Construction Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

I Henry

Mrs B Henry

REGISTERED OFFICE:

First Floor, CEF Building

Broomhill Way

Torquay

Devon

TQ2 7QN

REGISTERED NUMBER:

08521553 (England and Wales)

ACCOUNTANTS:

Mark Ward Chartered Certified Accountants

First Floor, CEF Building

Broomhill Way

Torquay

Devon

TQ2 7QN

FIXED ASSETS

Tangible assets

2

9,910

9,659

CURRENT ASSETS

Stocks

-

170,244

Debtors

2,943

3,000

Cash at bank

161,207

26

164,150

173,270

CREDITORS

Amounts falling due within one year

78,195

46,094

NET CURRENT ASSETS

85,955

127,176

TOTAL ASSETS LESS CURRENT LIABILITIES

95,865

136,835

CREDITORS

Amounts falling due after more than one
year

(50,000

)

(130,000

)

PROVISIONS FOR LIABILITIES

(1,982

)

(1,932

)

NET ASSETS

43,883

4,903

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

43,783

4,803

SHAREHOLDERS' FUNDS

43,883

4,903

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 February 2017 and were signed on its behalf
by:

I Henry - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

17,171

Additions

3,552

At 31 May 2016

20,723

DEPRECIATION

At 1 June 2015

7,512

Charge for year

3,301

At 31 May 2016

10,813

NET BOOK VALUE

At 31 May 2016

9,910

At 31 May 2015

9,659

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

80

Ordinary A

1

80

100

20

Ordinary B

1

20

-

100