Abbreviated Company Accounts - BUILD YOUR HOME LTD

Abbreviated Company Accounts - BUILD YOUR HOME LTD


Registered Number 09786025

BUILD YOUR HOME LTD

Abbreviated Accounts

30 September 2016

BUILD YOUR HOME LTD Registered Number 09786025

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016
£
Fixed assets
Tangible assets 2 11,000
11,000
Current assets
Stocks 35,764
Debtors 10,221
Cash at bank and in hand 19,767
65,752
Creditors: amounts falling due within one year (44,114)
Net current assets (liabilities) 21,638
Total assets less current liabilities 32,638
Creditors: amounts falling due after more than one year (8,189)
Total net assets (liabilities) 24,449
Capital and reserves
Called up share capital 3 2
Profit and loss account 24,447
Shareholders' funds 24,449
  • For the year ending 30 September 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 19 June 2017

And signed on their behalf by:
R Bontas, Director
C Popescu, Director

BUILD YOUR HOME LTD Registered Number 09786025

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents amounts receivable for building work services provided net of VAT during the period.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Motor vehicles 25% straight line

2Tangible fixed assets
£
Cost
Additions 11,235
Disposals -
Revaluations -
Transfers -
At 30 September 2016 11,235
Depreciation
Charge for the year 235
On disposals -
At 30 September 2016 235
Net book values
At 30 September 2016 11,000
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2 Ordinary shares of £1 each 2