Primum Preconstruction Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08518257 (England and Wales)

PRIMUM PRECONSTRUCTION LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C Pugh

Mrs C Pugh

SECRETARY:

Indigo Secretaries Limited

REGISTERED OFFICE:

3 Kensworth Gate

200-204 High Street South

Dunstable

Bedfordshire

LU6 3HS

REGISTERED NUMBER:

08518257 (England and Wales)

ACCOUNTANTS:

Higginson & Co (UK) Ltd

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

FIXED ASSETS

Tangible assets

2

410

547

CURRENT ASSETS

Debtors

19,985

11,348

Cash at bank

61,652

33,316

81,637

44,664

CREDITORS

Amounts falling due within one year

58,209

43,074

NET CURRENT ASSETS

23,428

1,590

TOTAL ASSETS LESS CURRENT LIABILITIES

23,838

2,137

CAPITAL AND RESERVES

Called up share capital

3

275

275

Profit and loss account

23,563

1,862

SHAREHOLDERS' FUNDS

23,838

2,137

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 10 January 2017 and were signed on its behalf by:

C Pugh - 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 cost

Deferred tax

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

972

DEPRECIATION

At 1 June 2015

425

Charge for year

137

At 31 May 2016

562

NET BOOK VALUE

At 31 May 2016

410

At 31 May 2015

547

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

200

Ordinary

£1

200

200

25

Ordinary A

£1

25

25

25

Ordinary B

£1

25

25

25

Ordinary C

£1

25

25

275

275

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £40,000 (2015 - £50,000) were paid to the directors .

Mr Pugh is the major shareholder and managing director.