Registered Number 04522555

ABBOTT AND MASON BUILDING AND JOINERY CONTRACTORS LIMITED

Abbreviated Accounts

30 September 2016

ABBOTT AND MASON BUILDING AND JOINERY CONTRACTORS LIMITED Registered Number 04522555

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 1,560 1,820
Tangible assets 3 42,375 2,885
43,935 4,705
Current assets
Stocks 67,680 35,247
Debtors 15,631 60,637
Cash at bank and in hand 64,722 -
148,033 95,884
Creditors: amounts falling due within one year (159,162) (99,423)
Net current assets (liabilities) (11,129) (3,539)
Total assets less current liabilities 32,806 1,166
Creditors: amounts falling due after more than one year (22,404) -
Total net assets (liabilities) 10,402 1,166
Capital and reserves
Called up share capital 2 2
Profit and loss account 10,400 1,164
Shareholders' funds 10,402 1,166
  • For the year ending 30 September 2016 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 21 June 2017

And signed on their behalf by:
Mr S Mason, Director

ABBOTT AND MASON BUILDING AND JOINERY CONTRACTORS LIMITED Registered Number 04522555

Notes to the Abbreviated Accounts for the period ended 30 September 2016

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.

Turnover policy
Turnover represents revenue recognised in the accounts. Revenue is recognised when the company fulfils its contractual obligations to customers by supplying goods and services and excludes value added tax.

Tangible assets depreciation policy
Vehicles 25% reducing balance
Fixtures & Plant 15% reducing balance

Intangible assets amortisation policy
Equal instalments over 20 years

2Intangible fixed assets
£
Cost
At 1 October 2015 5,200
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2016 5,200
Amortisation
At 1 October 2015 3,380
Charge for the year 260
On disposals -
At 30 September 2016 3,640
Net book values
At 30 September 2016 1,560
At 30 September 2015 1,820
3Tangible fixed assets
£
Cost
At 1 October 2015 20,471
Additions 41,090
Disposals (6,440)
Revaluations -
Transfers -
At 30 September 2016 55,121
Depreciation
At 1 October 2015 17,586
Charge for the year 475
On disposals (5,315)
At 30 September 2016 12,746
Net book values
At 30 September 2016 42,375
At 30 September 2015 2,885