R J Noon Construction Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05213121 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

R J Noon Construction Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R J Noon

SECRETARY:

Mrs C A Noon

REGISTERED OFFICE:

9 St George's Yard

Castle Street

Farnham

Surrey

GU9 7LW

REGISTERED NUMBER:

05213121 (England and Wales)

ACCOUNTANTS:

Blackwood Futcher & Co.

Chartered Accountants

9 St George's Yard

Farnham

Surrey

GU9 7LW

FIXED ASSETS

Tangible assets

2

9,418

6,291

CURRENT ASSETS

Debtors

2,093

16,103

Cash at bank

124,889

95,110

126,982

111,213

CREDITORS

Amounts falling due within one year

38,590

57,412

NET CURRENT ASSETS

88,392

53,801

TOTAL ASSETS LESS CURRENT LIABILITIES

97,810

60,092

CREDITORS

Amounts falling due after more than one year

-

(261

)

PROVISIONS FOR LIABILITIES

(1,884

)

(1,258

)

NET ASSETS

95,926

58,573

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

95,826

58,473

SHAREHOLDERS' FUNDS

95,926

58,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 7 February 2017 and were signed by:

R J Noon - 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 services, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Motor vehicles

-

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

13,694

Additions

7,000

At 31 August 2016

20,694

DEPRECIATION

At 1 September 2015

7,403

Charge for year

3,873

At 31 August 2016

11,276

NET BOOK VALUE

At 31 August 2016

9,418

At 31 August 2015

6,291

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

45

Ordinary A

£1

45

45

45

Ordinary B

£1

45

45

10

Ordinary C

£1

10

10

100

100

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 (2015 - £30,025) were paid to the director .

Included in creditors at 31 August 2016 is an amount of £12,319 (2015 - £3,607) due to Mr R Noon, the director

and a shareholder of the company. The maximum amount owed by the company to Mr R Noon during the year

was £12,319. No interest was paid on this balance during the year.

Included in creditors at 31 August 2016 is an amount of £Nil (2015 - £19,845) due to Mrs C Noon, a

shareholder of the company. No interest was paid on this balance during the year.

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R J Noon.