Imperial Restoration & Construction Limited
|
For the year ended 31 May 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08811968
Imperial Restoration & Construction Limited
For the year ended 31 May 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Imperial Restoration & Construction Limited
Chartered Accountants' Report
For the year ended 31 May 2016
Chartered Accountants' Report to the Board of Directors
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the
|
accounts of Imperial Restoration
&
Construction Limited for the year ended
31
May
2016
which comprise the Profit
|
and Loss Account
,
the Balance Sheet and the related notes from the company
'
s accounting records and from
|
information and explanations you have given us
.
|
As a practising firm of the Institute of Chartered Accountants in England and Wales
(
ICAEW
)
,
we are subject to its
|
ethical and other professional requirements which are detailed at icaew
.
com
/
membershandbook
.
|
This report is made solely to the Board of Directors of Imperial Restoration
&
Construction Limited
,
as a body
,
in
|
accordance with the terms of our engagement letter dated
19
December
2013
.
Our work has been undertaken
|
solely to prepare for your approval the accounts of Imperial Restoration
&
Construction Limited and state those
|
matters that we have agreed to state to the Board of Directors of Imperial Restoration
&
Construction Limited
,
as a
|
body
,
in this report in accordance with AAF
2
/
10
as detailed at icaew
.
com
/
compilation
.
To the fullest extent
|
permitted by law
,
we do not accept or assume responsibility to anyone other than Imperial Restoration
&
|
Construction Limited and its Board of Directors as a body for our work or for this report
.
|
It is your duty to ensure that Imperial Restoration
&
Construction Limited has kept adequate accounting records to
|
prepare statutory accounts that give a true and fair view of the assets
,
liabilities
,
financial position and profit of
|
Imperial Restoration
&
Construction Limited
.
You consider that Imperial Restoration
&
Construction Limited is
|
exempt from the statutory audit requirement for the year
.
|
We have not been instructed to carry out an audit or a review of the accounts of Imperial Restoration
&
|
Construction Limited
.
For this reason
,
we have not verified the accuracy or completeness of the accounting records
|
or information and explanations you have given to us and we do not
,
therefore
,
express any opinion on the
|
statutory accounts
.
|
Philip Nickson & Co Ltd
Paradise Farm
High Street
Kempsford
Fairford
GL7 4EU
29 September 2016
1 of 4
Abbreviated Balance Sheet
|
Imperial Restoration & Construction Limited
2016
2015
2
557
-
557
-
18,063
-
157,820
250,212
157,820
268,275
Creditors
:
amounts falling due within one year
|
(256,655)
(134,449)
11,620
23,371
Net current assets
Total assets less current liabilities
|
23,928
11,620
23,928
Net assets
11,620
1
3
1
23,927
11,619
23,928
11,620
Shareholders funds
For the year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
|
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
|
2) The director acknowledges her 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.
|
Date approved by the board: 29 September 2016
|
Mrs Margaret Honey Director
|
Signed on behalf of the board of directors
|
2 of 4
Notes to the Abbreviated Financial Statements
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Imperial Restoration & Construction Limited
For the year ended 31 May 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer Equipment
742
742
185
Charge for year
185
557
3 of 4
Notes to the Abbreviated Financial Statements
|
Imperial Restoration & Construction Limited
For the year ended 31 May 2016
Allotted called up and fully paid
|
2016
2015
1
Ordinary share of £
1
.
00
each
|
1
1
1
1
4 of 4