ARCHMEAD CONSTRUCTION LIMITED
|
Registered number: |
01254306
|
Abbreviated Balance Sheet |
as at 31 March 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
377,571 |
|
|
463,482 |
|
Current assets |
Stocks |
|
|
245,834 |
|
|
245,834 |
Cash at bank and in hand |
|
|
189,886 |
|
|
8,035 |
|
|
|
435,720 |
|
|
253,869 |
|
Creditors: amounts falling due within one year |
|
|
(718,096) |
|
|
(658,736) |
|
Net current liabilities |
|
|
|
(282,376) |
|
|
(404,867) |
|
Net assets |
|
|
|
95,195 |
|
|
58,615 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
95,095 |
|
|
58,515 |
|
Shareholders' funds |
|
|
|
95,195 |
|
|
58,615 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
___________________________ |
N Tomassi |
Director |
Approved by the board on 21 December 2016
|
|
ARCHMEAD CONSTRUCTION LIMITED
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% straight line
|
|
Motor vehicles |
25% reducing balance
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
475,980 |
|
Additions |
21,670 |
|
Disposals |
(101,320) |
|
At 31 March 2016 |
396,330 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
12,498 |
|
Charge for the year |
6,261 |
|
At 31 March 2016 |
18,759 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
377,571 |
|
At 31 March 2015 |
463,482 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|