Pro Mini Mix Concrete Mortars & Screeds - Abbreviated accounts 16.3

REGISTERED NUMBER: 05482138 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

PRO MINI MIX CONCRETE MORTARS & SCREEDS

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P McAllister

P C Walker

L Stanley

SECRETARY:

P C Walker

REGISTERED OFFICE:

The Old Coach House

Horsefair

Rugeley

Staffordshire

WS15 2EL

REGISTERED NUMBER:

05482138 (England and Wales)

ACCOUNTANTS:

Wynniatt-Husey Ltd

Chartered Accountants

The Old Coach House

Horsefair

Rugeley

Staffordshire

WS15 2EL

FIXED ASSETS

146,387

Tangible assets

2

228,964

CURRENT ASSETS

257,048

Debtors

262,859

279,108

Cash at bank

330,484

536,156

593,343

CREDITORS

518,337

Amounts falling due within one year

608,884

17,819

NET CURRENT (LIABILITIES)/ASSETS

(15,541

)

164,206

TOTAL ASSETS LESS CURRENT LIABILITIES

213,423

CREDITORS

(25,898

)

Amounts falling due after more than one year

(39,029

)

(26,522

)

PROVISIONS FOR LIABILITIES

(43,534

)

111,786

NET ASSETS

130,860

CAPITAL AND RESERVES

2

Called up share capital

3

2

111,784

Profit and loss account

130,858

111,786

SHAREHOLDERS' FUNDS

130,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 March 2017 and were signed on its behalf by:

P McAllister - 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

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

427,307

Additions

127,888

At 30 June 2016

555,195

DEPRECIATION

At 1 July 2015

280,920

Charge for year

45,311

At 30 June 2016

326,231

NET BOOK VALUE

At 30 June 2016

228,964

At 30 June 2015

146,387

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

2

Ordinary

£1

2

2