A._P._CONSTRUCTION_SERVIC - Accounts

A.P.CONSTRUCTION SERVICES LIMITED - Company Information

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Company Registration No. 04556587 (England and Wales)

A. P. CONSTRUCTION SERVICES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2016

A. P. CONSTRUCTION SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

A. P. CONSTRUCTION SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

3,640

6,444

Current assets

Stocks

675

1,320

Debtors

15,900

2,381

Cash at bank and in hand

742

11,357

17,317

15,058

Creditors: amounts falling due within one year

(19,312)

(18,177)

Net current liabilities

(1,995)

(3,119)

Total assets less current liabilities

1,645

3,325

Provisions for liabilities

(558)

(1,081)

1,087

2,244

Capital and reserves

Called up share capital

1,000

Profit and loss account

1,244

Shareholders' funds

1,087

2,244

For the financial year ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 July 2017

Mr Jason Aggus

Director

Company Registration No. 04556587

A. P. CONSTRUCTION SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 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)

At the year end the company's balance sheet reported net current liabilities of £1,995 (2015: £3,119). The company relies on the continued support of the director and its creditors in order to fund its day to day working capital requirements. The director has no reason to believe that this support will be withdrawn to the detriment of the company within twelve months from the date of signature of these financial statements and accordingly considers it appropriate to prepare them on a going concern basis.

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

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:

Plant and machinery

15% reducing balance basis

Fixtures, fittings and equipment

15% reducing balance basis

Motor vehicles

20% reducing balance basis

1.5

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Stock

Stock is valued at the lower of cost and net realisable value.

1.7

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

A. P. CONSTRUCTION SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2016

- 3 -

Fixed assets

Tangible assets

Cost

At 1 November 2015

20,530

Additions

353

Disposals

(6,139)

At 31 October 2016

14,744

Depreciation

At 1 November 2015

14,086

On disposals

(3,624)

Charge for the year

642

At 31 October 2016

11,104

Net book value

At 31 October 2016

3,640

At 31 October 2015

6,444

Share capital

2016

2015

Allotted, called up and fully paid

1,000 Ordinary shares of £1 each

1,000

Related party relationships and transactions

Advances and credits to directors

Advances and credits granted to the directors during the year are outlined in the table below:

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mr Jason Aggus- Director's current account

(899)

49,650

46,696

2,055

(899)

49,650

46,696

2,055

Other transactions

During the year the company traded rent free from the director's home address.