Abbreviated Company Accounts - GENERAL CONTRACTORS (LEEDS) LIMITED

GENERAL CONTRACTORS (LEEDS) LIMITED - Company Information

00545303 GENERAL CONTRACTORS (LEEDS) LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 00545303 2013-04-01 2014-03-31 00545303 2014-03-31 00545303 2013-03-31 00545303 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 00545303 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 00545303

GENERAL CONTRACTORS (LEEDS) LIMITED

Abbreviated Accounts

31 March 2014

GENERAL CONTRACTORS (LEEDS) LIMITED Registered Number 00545303

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,245,541	3,239,935
		3,245,541	3,239,935
Current assets
Stocks		13,500	438,399
Debtors		941,354	623,446
Cash at bank and in hand		727,150	302,117
		1,682,004	1,363,962
Creditors: amounts falling due within one year	3	(302,875)	(262,361)
Net current assets (liabilities)		1,379,129	1,101,601
Total assets less current liabilities		4,624,670	4,341,536
Creditors: amounts falling due after more than one year	3	(1,509,394)	(1,520,778)
Provisions for liabilities		(11,700)	(5,800)
Total net assets (liabilities)		3,103,576	2,814,958
Capital and reserves
Called up share capital	4	5,000	5,000
Revaluation reserve		1,930,398	1,930,398
Profit and loss account		1,168,178	879,560
Shareholders' funds		3,103,576	2,814,958

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 9 December 2014

And signed on their behalf by:
D Bryan, Director

GENERAL CONTRACTORS (LEEDS) LIMITED Registered Number 00545303

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Freehold land and buildings - not depreciated
Plant and machinery - 25% reducing balance
Fixtures, fittings and equipment - 25% reducing balance
Motor vehicles - 25% reducing balance
Investment properties are included in the balance sheet at their open market value.

2Tangible fixed assets

	£
Cost
At 1 April 2013	3,396,280
Additions	23,005
Disposals	(16,355)
Revaluations	-
Transfers	-
At 31 March 2014	3,402,930
Depreciation
At 1 April 2013	156,345
Charge for the year	15,216
On disposals	(14,172)
At 31 March 2014	157,389
Net book values
At 31 March 2014	3,245,541
At 31 March 2013	3,239,935

3Creditors

	2014 £	2013 £
Secured Debts	1,520,727	1,532,061

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
5,000 Ordinary shares of £1 each	5,000	5,000