Anthony Macpherson Construction Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07456692 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2016

for

Anthony Macpherson Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P W M Higgins

Mr D A Gifford

REGISTERED OFFICE:

Kingsley House

Church Lane

Shurdington

Cheltenham

Gloucestershire

GL51 4TQ

REGISTERED NUMBER:

07456692 (England and Wales)

ACCOUNTANTS:

Andrew R Cook Chartered Accountants

Kingsley House

Church Lane

Shurdington

Cheltenham

Gloucestershire

GL51 4TQ

FIXED ASSETS

Tangible assets

4

1,155

1,670

CURRENT ASSETS

Stocks

5

100,000

63,900

Debtors

6

33,568

128,303

Cash at bank

31,713

48,951

165,281

241,154

CREDITORS

Amounts falling due within one year

7

96,699

183,360

NET CURRENT ASSETS

68,582

57,794

TOTAL ASSETS LESS CURRENT LIABILITIES

69,737

59,464

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

69,637

59,364

SHAREHOLDERS' FUNDS

69,737

59,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 September 2017 and were signed on its behalf by:

Mr P W M Higgins - Director

1.	STATUTORY INFORMATION

Anthony Macpherson Construction Ltd is a private company, limited by shares , registered in England

and Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling

costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 January 2016

and 31 December 2016

1,500

935

2,435

DEPRECIATION

At 1 January 2016

375

390

765

Charge for year

281

234

515

At 31 December 2016

656

624

1,280

NET BOOK VALUE

At 31 December 2016

844

311

1,155

At 31 December 2015

1,125

545

1,670

5.

STOCKS

31.12.16

31.12.15

£

£

Work-in-progress

100,000

63,900

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

32,365

107,650

CIS debtor

-

1,800

VAT

1,203

18,853

33,568

128,303

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

15,296

111,965

Corporation tax

1,595

3

Social security and other taxes

5,521

8,379

Other creditors

2,400

-

Directors' current accounts

70,387

61,733

Accrued expenses

1,500

1,280

96,699

183,360

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.16

31.12.15

value:

£

£

100

Ordinary "A"

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 January 2016

59,364

Profit for the year

10,273

At 31 December 2016

69,637

10.	RELATED PARTY DISCLOSURES

During the year Mr P W M Higgins, a director, made net deposits to his account of £8,654. The

balance on his account at 31 December 2015 was £56,358 in credit (2015 - £47,704).

There was no movement in the year on the account of Mr D Gifford, also a director, with the balance at

both 31 December 2015 and 2014 being £14,029 in credit.

11.	ULTIMATE CONTROLLING PARTY

The directors acknowledge that there is no ultimate controlling party as no individual holds a majority of

the company's issued share capital.