R & N Contractors Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07652843 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

R & N CONTRACTORS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

E Ward

SECRETARY:

Mrs R Ward

REGISTERED OFFICE:

80 Victoria Road

Darlington

County Durham

DL1 5JG

REGISTERED NUMBER:

07652843 (England and Wales)

ACCOUNTANTS:

Christie Proud Thompson

80 Victoria Road

Darlington

County Durham

DL1 5JG

FIXED ASSETS

Tangible assets

2

43,189

12,282

CURRENT ASSETS

Stocks

4,500

-

Debtors

8,535

3,626

Cash at bank

17,616

11,743

30,651

15,369

CREDITORS

Amounts falling due within one year

64,725

18,894

NET CURRENT LIABILITIES

(34,074

)

(3,525

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,115

8,757

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

9,113

8,755

SHAREHOLDERS' FUNDS

9,115

8,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 11 August 2017 and were signed by:

E Ward - 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 invoiced sales of goods and services, net of vat.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

14,042

Additions

35,553

At 30 November 2016

49,595

DEPRECIATION

At 1 December 2015

1,760

Charge for year

4,646

At 30 November 2016

6,406

NET BOOK VALUE

At 30 November 2016

43,189

At 30 November 2015

12,282

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2