Abbreviated Company Accounts - LYNN CONSTRUCTION LIMITED

LYNN CONSTRUCTION LIMITED - Company Information

04589268 LYNN CONSTRUCTION LIMITED 2016-11-30 false 2015-12-01 2016-11-30 true 04589268 2015-12-01 2016-11-30 04589268 2016-11-30 04589268 2015-11-30 04589268 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 04589268 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 04589268

LYNN CONSTRUCTION LIMITED

Abbreviated Accounts

30 November 2016

LYNN CONSTRUCTION LIMITED Registered Number 04589268

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	33,001	15,519
		33,001	15,519
Current assets
Stocks		391,008	391,008
Debtors		12,974	4,727
Investments		-	-
Cash at bank and in hand		2,847	1,520
		406,829	397,255
Creditors: amounts falling due within one year		(7,316)	(2,830)
Net current assets (liabilities)		399,513	394,425
Total assets less current liabilities		432,514	409,944
Creditors: amounts falling due after more than one year		(227,270)	(162,128)
Provisions for liabilities		(5,412)	(1,655)
Total net assets (liabilities)		199,832	246,161
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		199,732	246,061
Shareholders' funds		199,832	246,161

For the year ending 30 November 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 11 May 2017

And signed on their behalf by:
D LYNN, Director

LYNN CONSTRUCTION LIMITED Registered Number 04589268

Notes to the Abbreviated Accounts for the period ended 30 November 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives;

Plant and machinery 20% reducing balance
Motor vehicles 25% reducing balance

Valuation information and policy
Stock is valued at the lower of cost and net realisable value

2Tangible fixed assets

	£
Cost
At 1 December 2015	66,966
Additions	25,136
Disposals	(17,690)
Revaluations	0
Transfers	0
At 30 November 2016	74,412
Depreciation
At 1 December 2015	51,447
Charge for the year	6,658
On disposals	(16,694)
At 30 November 2016	41,411
Net book values
At 30 November 2016	33,001
At 30 November 2015	15,519

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100