Stringer Construction Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 03797966 (England and Wales)

Abbreviated Accounts for the Year Ended 30 June 2016

for

Stringer Construction Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M A Stringer

C E Stringer

REGISTERED OFFICE:

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

REGISTERED NUMBER:

03797966 (England and Wales)

ACCOUNTANTS:

Towers & Gornall

Chartered Certified Accountants

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

FIXED ASSETS

Tangible assets

2

136,253

4,775

CURRENT ASSETS

Debtors

213

3,702

Cash at bank

20,697

32,501

20,910

36,203

CREDITORS

Amounts falling due within one year

118,115

32,453

NET CURRENT (LIABILITIES)/ASSETS

(97,205

)

3,750

TOTAL ASSETS LESS CURRENT LIABILITIES

39,048

8,525

PROVISIONS FOR LIABILITIES

1,210

960

NET ASSETS

37,838

7,565

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

37,738

7,465

SHAREHOLDERS' FUNDS

37,838

7,565

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 24 March 2017 and were signed on its behalf by:

M A Stringer - 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.

Freehold property

-

not provided

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

33% on reducing balance

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 July 2015

8,204

Additions

132,558

At 30 June 2016

140,762

DEPRECIATION

At 1 July 2015

3,429

Charge for year

1,080

At 30 June 2016

4,509

NET BOOK VALUE

At 30 June 2016

136,253

At 30 June 2015

4,775

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

100

Ordinary

£1

100

100