A&P Master Construction Ltd - Filleted accounts

Registered number

06580332

A&P Master Construction Ltd

Filleted Accounts

30 April 2017

A&P Master Construction Ltd
Registered number:		06580332
Balance Sheet
as at 30 April 2017

Notes			2017			2016
£				£
Fixed assets
Tangible assets	3		19,927			28,574

Current assets
Debtors	4	29,500			2,370
Cash at bank and in hand		41,381			145,351
		70,881			147,721

Creditors: amounts falling due within one year	5	(84,694)			(115,663)

Net current (liabilities)/assets			(13,813)			32,058

Total assets less current liabilities			6,114			60,632


Provisions for liabilities			(3,985)			(5,715)


Net assets			2,129			54,917

Capital and reserves
Called up share capital			100			100
Profit and loss account			2,029			54,817

Shareholders' funds			2,129			54,917

The directors are 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 directors acknowledge their 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P Krzosek
Director
Approved by the board on 8 September 2017

A&P Master Construction Ltd
Notes to the Accounts
for the year ended 30 April 2017


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods supplied and work carried out in respect of services provided to customers. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Plant and machinery	over 5 years
	Motor vehicles	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Employees			2017		2016
Number					Number
	Average number of persons employed by the company			4		4

3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 May 2016	9,332		42,535		51,867
	Disposals	(4,131)		-		(4,131)
	At 30 April 2017	5,201		42,535		47,736

	Depreciation
	At 1 May 2016	6,445		16,848		23,293
	Charge for the year	1,040		7,607		8,647
	On disposals	(4,131)		-		(4,131)
	At 30 April 2017	3,354		24,455		27,809

	Net book value
	At 30 April 2017	1,847		18,080		19,927
	At 30 April 2016	2,887		25,687		28,574

4	Debtors			2017		2016
£					£
	Trade debtors			29,500		2,370

5	Creditors: amounts falling due within one year			2017		2016
£					£
	Trade creditors			264		24,908
	Corporation tax			14,700		36,780
	Other taxes and social security costs			21,728		21,103
	Other creditors			48,002		32,872
				84,694		115,663


6	Controlling party
	Mr P Krzosek and Mr A Piechna jointly control the Company by virtue of their shareholdings.



7	Other information
	A&P Master Construction Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	4 Luna Road
	Thornton Heath
	Surrey
	CR7 8NY