Abbreviated Company Accounts - MACWOOD BUILDERS LIMITED

Abbreviated Company Accounts - MACWOOD BUILDERS LIMITED

MACWOOD BUILDERS LIMITED - Company Information

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Registered Number 02270911

MACWOOD BUILDERS LIMITED

Abbreviated Accounts

30 March 2016

MACWOOD BUILDERS LIMITED Registered Number 02270911

Abbreviated Balance Sheet as at 30 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 3,517 4,724
3,517 4,724
Current assets
Stocks 250 550
Debtors 1,454 4,000
Cash at bank and in hand 6,722 3,649
8,426 8,199
Creditors: amounts falling due within one year (7,057) (12,440)
Net current assets (liabilities) 1,369 (4,241)
Total assets less current liabilities 4,886 483
Total net assets (liabilities) 4,886 483
Capital and reserves
Called up share capital 2 2
Profit and loss account 4,884 481
Shareholders' funds 4,886 483
  • For the year ending 30 March 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 Board on 21 March 2017

And signed on their behalf by:
J Munroe, Director

MACWOOD BUILDERS LIMITED Registered Number 02270911

Notes to the Abbreviated Accounts for the period ended 30 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents total invoice value, excluding VAT. of sales made during the year.

Tangible assets depreciation policy
25% on written down value

2Tangible fixed assets
£
Cost
At 1 April 2015 12,855
Additions -
Disposals -
Revaluations -
Transfers -
At 30 March 2016 12,855
Depreciation
At 1 April 2015 8,131
Charge for the year 1,207
On disposals -
At 30 March 2016 9,338
Net book values
At 30 March 2016 3,517
At 31 March 2015 4,724