Europlant UK Demolition Division Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04303657 (England and Wales)

Europlant UK Demolition Division Limited

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J M Evans

REGISTERED OFFICE:

1 Cornerways

River Road

Taplow

Maidenhead

Berkshire

SL6 0BB

REGISTERED NUMBER:

04303657 (England and Wales)

ACCOUNTANTS:

Cottrill Mason Ltd

13 Vansittart Estate

Windsor

Berkshire

SL4 1SE

FIXED ASSETS

Tangible assets

2

65,471

136,261

CURRENT ASSETS

Stocks

523,166

Debtors

850,669

693,436

Cash at bank

-

7,442

1,373,835

1,224,044

CREDITORS

Amounts falling due within one year

786,970

634,359

NET CURRENT ASSETS

586,865

589,685

TOTAL ASSETS LESS CURRENT
LIABILITIES

652,336

725,946

CREDITORS

Amounts falling due after more than one
year

46,309

60,375

NET ASSETS

606,027

665,571

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

606,025

665,569

SHAREHOLDERS' FUNDS

606,027

665,571

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 31 May 2017 and were signed by:

J M Evans - 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.

Plant and machinery etc

-

25% on cost and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 1 November 2015

and 31 October 2016

737,838

DEPRECIATION

At 1 November 2015

601,577

Charge for year

70,790

At 31 October 2016

672,367

NET BOOK VALUE

At 31 October 2016

65,471

At 31 October 2015

136,261

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

2

Ordinary

£1

2