Collinstown Construction Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01459172 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2014

for

Collinstown Construction Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs T A Westlake

Mr M Nolan

SECRETARY:

Streatham Secretarial Limited

REGISTERED OFFICE:

Foresters Hall

25/27 Westow Street

Upper Norwood

London

SE19 3RY

REGISTERED NUMBER:

01459172 (England and Wales)

ACCOUNTANTS:

Gibsons Financial Limited

Chartered Accountants

Foresters Hall

25/27 Westow Street

Upper Norwood

London

SE19 3RY

FIXED ASSETS

Tangible assets

2

26,348

21,561

CURRENT ASSETS

Stock & work in progress

23,453

30,612

Debtors

110,297

102,741

Cash at bank and in hand

9,848

42

143,598

133,395

CREDITORS

Amounts falling due within one year

3

84,427

114,619

NET CURRENT ASSETS

59,171

18,776

TOTAL ASSETS LESS CURRENT LIABILITIES

85,519

40,337

CAPITAL AND RESERVES

Called up share capital

4

15,000

15,000

Profit and loss account

70,519

25,337

SHAREHOLDERS' FUNDS

85,519

40,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 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 Board of Directors on 11 December 2014 and were signed on its behalf by:

Mr M Nolan - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods and 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.

Computer equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Tools & equipment

-

25% on reducing balance

Stock & work in progress

Stock & work in progress are valued at the lower of cost and net realisable value, after due allowance

for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate

proportion of overheads.

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 April 2013

179,076

Additions

16,031

Disposals

(14,661

)

At 31 March 2014

180,446

DEPRECIATION

At 1 April 2013

157,515

Charge for year

8,783

Eliminated on disposal

(12,200

)

At 31 March 2014

154,098

NET BOOK VALUE

At 31 March 2014

26,348

At 31 March 2013

21,561

3.

CREDITORS

Creditors include an amount of £ 0 (31.3.13 - £ 34,217 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

15,000

Ordinary

£1

15,000

15,000

5.	ULTIMATE PARENT COMPANY

Nolan Holdings Limited is regarded by the directors as being the company's ultimate parent company.