A.B.C. Dry Construction Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01105249 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

A.B.C. DRY CONSTRUCTION LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

5

DIRECTORS:

C R Barnett

B R Barnett

SECRETARY:

First Instance Secretariat Limited

REGISTERED OFFICE:

Sovereign House

22 Shelley Road

WORTHING

West Sussex

BN11 1TU

REGISTERED NUMBER:

01105249 (England and Wales)

ACCOUNTANTS:

Monetaire

Sovereign House

22 Shelley Road

WORTHING

West Sussex

BN11 1TU

FIXED ASSETS

Tangible assets

4

3,346

2,017

CURRENT ASSETS

Stocks

836

750

Debtors

230,293

232,929

Cash in hand

11,400

4,000

242,529

237,679

CREDITORS

Amounts falling due within one year

154,934

168,801

NET CURRENT ASSETS

87,595

68,878

TOTAL ASSETS LESS CURRENT
LIABILITIES

90,941

70,895

PROVISIONS FOR LIABILITIES

636

-

NET ASSETS

90,305

70,895

CAPITAL AND RESERVES

Called up share capital

102

Retained earnings

90,203

70,793

SHAREHOLDERS' FUNDS

90,305

70,895

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 December 2017 and were signed on its behalf
by:

C R Barnett - Director

1.	STATUTORY INFORMATION

A.B.C. Dry Construction Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

2,690

Additions

2,444

At 31 March 2017

5,134

DEPRECIATION

At 1 April 2016

673

Charge for year

1,115

At 31 March 2017

1,788

NET BOOK VALUE

At 31 March 2017

3,346

At 31 March 2016

2,017

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year dividends of £5,000 (2016: £13,940) were voted to C Barnett and £5,000 to B Barnett (2016 -

£21,275).

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of A.B.C. Dry Construction Limited for the year ended 31 March 2017 which comprise the Income

Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of A.B.C. Dry Construction Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A.B.C. Dry Construction Limited and state those matters that we have agreed to state to the Board of Directors of A.B.C. Dry Construction Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A.B.C. Dry Construction Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A.B.C. Dry Construction Limited. You consider that A.B.C. Dry 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 financial statements of A.B.C. Dry 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 financial statements.

Monetaire

Sovereign House

22 Shelley Road

WORTHING

West Sussex

BN11 1TU

28 December 2017