Registered Number 04109313


Abbreviated Accounts

30 September 2013

A & D CONSTRUCTION (KING'S LYNN) LIMITED Registered Number 04109313

Abbreviated Balance Sheet as at 30 September 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 63,513 87,621
63,513 87,621
Current assets
Stocks 500 2,500
Debtors 9,117 66,844
Cash at bank and in hand 62,230 26,860
71,847 96,204
Creditors: amounts falling due within one year 3 (96,592) (101,555)
Net current assets (liabilities) (24,745) (5,351)
Total assets less current liabilities 38,768 82,270
Creditors: amounts falling due after more than one year 3 - (5,587)
Provisions for liabilities (12,702) (17,524)
Total net assets (liabilities) 26,066 59,159
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 25,966 59,059
Shareholders' funds 26,066 59,159
  • For the year ending 30 September 2013 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 6 March 2014

And signed on their behalf by:
Mr A J Wilkinson, Director

A & D CONSTRUCTION (KING'S LYNN) LIMITED Registered Number 04109313

Notes to the Abbreviated Accounts for the period ended 30 September 2013

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 amounts receivable for goods and services net of VAT and trade discounts, calculated on the level of completion of particular contracts, including retentions.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery - 15% reducing balance basis
Motor vehicles - 20% reducing balance basis

Other accounting policies
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Stocks have been valued at the lower of cost and net realisable value.
Work in progress is calculated on the basis of costs incurred on specific contracts. If the ultimate profitability of the contract can be assessed with reasonable certainty, having made a prudent allowance for future costs, then profit is recognised in proportion to the contract work completed. Immediate provision is made for foreseeable losses.

Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Going concern
The financial statements have been prepared on the going concern basis as the director has agreed to continue to support the company to ensure that it will continue trading for at least 12 months from the date of approving the financial statements.

2Tangible fixed assets
At 1 October 2012 130,698
Additions 5,237
Disposals (20,750)
Revaluations -
Transfers -
At 30 September 2013 115,185
At 1 October 2012 43,077
Charge for the year 13,783
On disposals (5,188)
At 30 September 2013 51,672
Net book values
At 30 September 2013 63,513
At 30 September 2012 87,621
Secured Debts 5,587 13,036
4Called Up Share Capital
Allotted, called up and fully paid:
100 Ordinary shares of £1 each 100 100

Ultimate parent company
The ultimate parent company is ADW Construction Limited, a company registered in Great Britain.