ZENON_BUILDERS_LIMITED - Accounts

ZENON BUILDERS LIMITED - Company Information

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Company Registration No. 05153325 (England and Wales)

ZENON BUILDERS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

ZENON BUILDERS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ZENON BUILDERS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

4,289

5,718

Current assets

Cash at bank and in hand

7,490

110

Creditors: amounts falling due within one year

(101,809)

(94,342)

Net current liabilities

(94,319)

(94,232)

Total assets less current liabilities

(90,030)

(88,514)

Capital and reserves

Called up share capital

1,000

Profit and loss account

(91,030)

(89,514)

Shareholders' funds

(90,030)

(88,514)

For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 June 2017

Mr Zenon Kaczmarczyk

Director

Company Registration No. 05153325

ZENON BUILDERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

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

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

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:

Land and buildings Leasehold

25% straight line

Plant and machinery

25% reducing balance

Fixtures, fittings & equipment

25% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 October 2015 & at 30 September 2016

121,376

83,130

204,506

Depreciation

At 1 October 2015

121,376

77,411

198,787

Charge for the year

1,430

At 30 September 2016

121,376

78,841

200,217

Net book value

At 30 September 2016

4,289

At 30 September 2015

5,718

ZENON BUILDERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

1,000 ordinary of £1 each

1,000

Transactions with directors

At the year end, the company owed the directors £94,489 (2013 £88,749). The directors have confirmed that they have no intention of withdrawing their support within the foreseeable future. The loan does not attract interest.