Registered Number NI034244

A & B CONTRACTS (N.I.) LIMITED

Abbreviated Accounts

30 September 2016

A & B CONTRACTS (N.I.) LIMITED Registered Number NI034244

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 351,000 801,782
351,000 801,782
Current assets
Stocks 1,846,000 1,710,000
Debtors 190,000 190,000
Cash at bank and in hand 724 750
2,036,724 1,900,750
Creditors: amounts falling due within one year (1,310,925) (9,375,076)
Net current assets (liabilities) 725,799 (7,474,326)
Total assets less current liabilities 1,076,799 (6,672,544)
Creditors: amounts falling due after more than one year (9,319,471) (1,821,765)
Total net assets (liabilities) (8,242,672) (8,494,309)
Capital and reserves
Called up share capital 37,785 37,785
Other reserves (975,890) (1,187,140)
Profit and loss account (7,304,567) (7,344,954)
Shareholders' funds (8,242,672) (8,494,309)
  • 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 30 June 2017

And signed on their behalf by:
Adrian O Neill, Director

A & B CONTRACTS (N.I.) LIMITED Registered Number NI034244

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.

2Tangible fixed assets
£
Cost
At 1 October 2015 860,771
Additions -
Disposals (660,250)
Revaluations 211,250
Transfers -
At 30 September 2016 411,771
Depreciation
At 1 October 2015 58,989
Charge for the year 1,782
On disposals -
At 30 September 2016 60,771
Net book values
At 30 September 2016 351,000
At 30 September 2015 801,782