Abbreviated Company Accounts - SA BUILDERS LIMITED

SA BUILDERS LIMITED - Company Information

04410729 SA BUILDERS LIMITED 2014-03-31 false 2013-10-01 2014-03-31 true 04410729 2013-10-01 2014-03-31 04410729 2014-03-31 04410729 2013-09-30 04410729 uk-gaap-cd-bus:Director1 2013-10-01 2014-03-31 04410729 uk-gaap-cd-bus:Director2 2013-10-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number 04410729

SA BUILDERS LIMITED

Abbreviated Accounts

31 March 2014

SA BUILDERS LIMITED Registered Number 04410729

Abbreviated Balance Sheet as at 31 March 2014

	Notes	31/03/2014	30/09/2013
		£	£
Fixed assets
Tangible assets	2	28,723	31,776
Investments	3	273,825	205,902
		302,548	237,678
Current assets
Stocks		451,233	435,990
Debtors		48,088	42,123
Cash at bank and in hand		760	9
		500,081	478,122
Creditors: amounts falling due within one year		(577,706)	(534,987)
Net current assets (liabilities)		(77,625)	(56,865)
Total assets less current liabilities		224,923	180,813
Creditors: amounts falling due after more than one year		(8,114)	(10,771)
Provisions for liabilities		(1,106)	(1,106)
Total net assets (liabilities)		215,703	168,936
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		215,701	168,934
Shareholders' funds		215,703	168,936

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 19 December 2014

And signed on their behalf by:
L A Searancke, Director

SA BUILDERS LIMITED Registered Number 04410729

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.

The company has cash resources and has no requirement for external funding. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting appropriate in preparing the annual financial statements.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
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 - 25% reducing balance
Computer equipment - 25% reducing balance
Motor vehicles - 25% reducing balance

Other accounting policies
Investments
The fixed asset investment is valued at the original cost of the investment, adjusted for the company's share of profits and losses to date.

2Tangible fixed assets

	£
Cost
At 1 October 2013	112,079
Additions	1,051
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	113,130
Depreciation
At 1 October 2013	80,303
Charge for the year	4,104
On disposals	-
At 31 March 2014	84,407
Net book values
At 31 March 2014	28,723
At 30 September 2013	31,776

3Fixed assets Investments
Fixed asset investments represent the value of the capital invested by S A Builders Limited in Ann Denis Partnership.

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

	31/03/2014 £	30/09/2013 £
2 A Ordinary shares of £1 each	2	2