G & H Construction Limited - Abbreviated accounts 16.3

G & H CONSTRUCTION LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH APRIL 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTOR:

G Noakes

SECRETARY:

Mrs C L Noakes

REGISTERED OFFICE:

12 Farm View

Rayleigh

Essex

SS6 9PT

REGISTERED NUMBER:

08987424 (England and Wales)

ACCOUNTANTS:

Clouders

Chartered Certified Accountants

Charter House

103-105 Leigh Road

Leigh-on-Sea

Essex

SS9 1JL

FIXED ASSETS

Tangible assets

2

17,255

2,298

CURRENT ASSETS

Debtors

8,793

5,026

Cash at bank

7

51

8,800

5,077

CREDITORS

Amounts falling due within one year

67,464

28,797

NET CURRENT LIABILITIES

(58,664

)

(23,720

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(41,409

)

(21,422

)

PROVISIONS FOR LIABILITIES

3,152

95

NET LIABILITIES

(44,561

)

(21,517

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(44,661

)

(21,617

)

SHAREHOLDERS' FUNDS

(44,561

)

(21,517

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 28th April 2017 and were signed by:

G Noakes - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis. Of the company's liabilities, £61,703

(2015 £23,541) is owed to the director and he has confirmed that he will continue to support the

company for at least one year from the balance sheet date.

If the going concern basis was deemed not be be appropriate, adjustments would have to be made to

reduce the value of assets to their recoverable amount, to provide for any further liabilities that might

arise and to reclassify fixed assets as current assets.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st May 2015

3,014

Additions

21,000

Disposals

(1,000

)

At 30th April 2016

23,014

DEPRECIATION

At 1st May 2015

716

Charge for year

5,481

Eliminated on disposal

(438

)

At 30th April 2016

5,759

NET BOOK VALUE

At 30th April 2016

17,255

At 30th April 2015

2,298

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to five) have been prepared.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30th April 2016 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Clouders

Chartered Certified Accountants

Charter House

103-105 Leigh Road

Leigh-on-Sea

Essex

SS9 1JL

28th April 2017