Stoneflex Construction Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08256706 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

Stoneflex Construction Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T K Khalil

REGISTERED OFFICE:

91 Hammersmith Road

London

W14 0QH

REGISTERED NUMBER:

08256706 (England and Wales)

ACCOUNTANTS:

Dave & Co

Manchester Square

18 Fitzhardinge Street

London

W1H 6EQ

FIXED ASSETS

Tangible assets

2

1,008,962

1,003,902

CURRENT ASSETS

Debtors

218,981

143,981

Cash at bank

47,549

12,115

266,530

156,096

CREDITORS

Amounts falling due within one year

1,061,216

1,029,836

NET CURRENT LIABILITIES

(794,686

)

(873,740

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

214,276

130,162

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

214,275

130,161

SHAREHOLDERS' FUNDS

214,276

130,162

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 28 July 2017 and were signed by:

T K Khalil - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents net invoiced sales of services, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

1,003,902

Additions

5,060

At 31 October 2016

1,008,962

NET BOOK VALUE

At 31 October 2016

1,008,962

At 31 October 2015

1,003,902

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

1

Ordinary

1