| Langley Builders (Bath) Limited |
| Registered number: |
09627632 |
| Abbreviated Balance Sheet |
| as at 30 June 2016 |
|
| Notes |
|
|
2016 |
|
| £ |
|
| Current assets |
| Stocks |
|
|
141,464 |
| Debtors |
|
|
5,878 |
| Cash at bank and in hand |
|
|
9,926 |
|
|
|
157,268 |
|
|
|
| Creditors: amounts falling due within one year |
|
|
(165,391) |
|
| Net current liabilities |
|
|
|
(8,123) |
|
|
| Net liabilities |
|
|
|
(8,123) |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
2 |
|
|
1 |
| Profit and loss account |
|
|
|
(8,124) |
|
| Shareholder's funds |
|
|
|
(8,123) |
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr P R Langley |
| Director |
| Approved by the board on 27 February 2017 |
|
| Langley Builders (Bath) Limited |
| Notes to the Abbreviated Accounts |
| for the period ended 30 June 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Going concern |
|
The director's have given consideration to the continuing operations of the company and this has given rise to no material uncertainties regarding going concern. As a result the accounts have been prepared under the going concern basis of accounting. |
|
|
| 2 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
| value |
Number |
£ |
|
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
During the year 1 Ordinary Share of £1 each was allotted and fully paid for cash at par. |
|
|
| 3 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Mr P R Langley (appointed 8 June 2015) |
|
Director's Loan Account |
- |
|
2,021 |
|
(160,180) |
|
(158,159) |
|
|
- |
|
2,021 |
|
(160,180) |
|
(158,159) |
|
|
|
|
|
|
|
|
|
|
The balance £158,159 is included in other creditors. At no stage during the year was the directors' loan account overdrawn and no arrangements to charge interest were entered into. There are no fixed repayment terms. |
