Abbreviated Company Accounts - LLOYD BROTHERS CONSTRUCTION LIMITED

LLOYD BROTHERS CONSTRUCTION LIMITED - Company Information

04536925 LLOYD BROTHERS CONSTRUCTION LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 04536925 2015-08-01 2016-07-31 04536925 2016-07-31 04536925 2015-07-31 04536925 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 04536925 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 04536925

LLOYD BROTHERS CONSTRUCTION LIMITED

Abbreviated Accounts

31 July 2016

LLOYD BROTHERS CONSTRUCTION LIMITED Registered Number 04536925

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	14,748	19,664
		14,748	19,664
Current assets
Stocks		334,593	14,000
Debtors		617,282	647,773
Cash at bank and in hand		5,433	-
		957,308	661,773
Creditors: amounts falling due within one year		(855,025)	(560,145)
Net current assets (liabilities)		102,283	101,628
Total assets less current liabilities		117,031	121,292
Total net assets (liabilities)		117,031	121,292
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		116,031	120,292
Shareholders' funds		117,031	121,292

For the year ending 31 July 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 April 2017

And signed on their behalf by:
Mr W J Lloyd, Director
Mr W H Lloyd, Director

LLOYD BROTHERS CONSTRUCTION LIMITED Registered Number 04536925

Notes to the Abbreviated Accounts for the period ended 31 July 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 net invoiced value of goods and services, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery 25% reducing balance

Valuation information and policy
Stock and work in progress as stated at the lower of cost and net realisable value.

Other accounting policies
Provision is made at appropriate rates for taxation deferred in respect of material timing differences only to the extent that, in the opinion of the directors, there is reasonable probability that a liability or asset will crystallise in the foreseeable future.

2Tangible fixed assets

	£
Cost
At 1 August 2015	90,649
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	90,649
Depreciation
At 1 August 2015	70,985
Charge for the year	4,916
On disposals	-
At 31 July 2016	75,901
Net book values
At 31 July 2016	14,748
At 31 July 2015	19,664

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000