IRIS Accounts Production v18.1.0.975 06115943 director 1.8.16 31.7.17 31.7.17 false true false false false true false Ordinary 1.00000 Ordinary-A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure061159432016-07-31061159432017-07-31061159432016-08-012017-07-31061159432015-07-31061159432015-08-012016-07-31061159432016-07-3106115943ns15:EnglandWales2016-08-012017-07-3106115943ns14:PoundSterling2016-08-012017-07-3106115943ns10:Director12016-08-012017-07-3106115943ns10:PrivateLimitedCompanyLtd2016-08-012017-07-3106115943ns10:SmallEntities2016-08-012017-07-3106115943ns10:AuditExemptWithAccountantsReport2016-08-012017-07-3106115943ns10:SmallCompaniesRegimeForDirectorsReport2016-08-012017-07-3106115943ns10:SmallCompaniesRegimeForAccounts2016-08-012017-07-3106115943ns10:AbridgedAccounts2016-08-012017-07-310611594312016-08-012017-07-3106115943ns10:OrdinaryShareClass12016-08-012017-07-3106115943ns10:OrdinaryShareClass22016-08-012017-07-3106115943ns10:CompanySecretary12016-08-012017-07-3106115943ns10:RegisteredOffice2016-08-012017-07-3106115943ns5:CurrentFinancialInstruments2017-07-3106115943ns5:CurrentFinancialInstruments2016-07-3106115943ns5:ShareCapital2017-07-3106115943ns5:ShareCapital2016-07-3106115943ns5:RetainedEarningsAccumulatedLosses2017-07-3106115943ns5:RetainedEarningsAccumulatedLosses2016-07-3106115943ns5:NetGoodwill2016-08-012017-07-3106115943ns5:IntangibleAssetsOtherThanGoodwill2016-08-012017-07-3106115943ns5:MotorVehicles2016-08-012017-07-3106115943ns5:ComputerEquipment2016-08-012017-07-3106115943ns10:OrdinaryShareClass12017-07-3106115943ns10:OrdinaryShareClass22017-07-31


REGISTERED NUMBER: 06115943 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2017

FOR

ABLE BUILDERS LIMITED
M R Salvage Limited
Chartered Accountants
7/8 Eghams Court
Boston Drive
Bourne End
Buckinghamshire
SL8 5YS








ABLE BUILDERS LIMITED (REGISTERED NUMBER: 06115943)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

ABLE BUILDERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2017







DIRECTOR: K M Roberts





SECRETARY: Mrs L J Roberts





REGISTERED OFFICE: 7/8 Eghams Court, Boston Drive
Bourne End
Buckinghamshire
SL8 5YS





BUSINESS ADDRESS: Beacon Hill Farm
Aston Hill
Lewknor
Watlington
Oxfordshire
OX49 5SG





REGISTERED NUMBER: 06115943 (England and Wales)





ACCOUNTANTS: M R Salvage Limited
Chartered Accountants
7/8 Eghams Court
Boston Drive
Bourne End
Buckinghamshire
SL8 5YS
Page 1
ABLE BUILDERS LIMITED (REGISTERED NUMBER: 06115943)

ABRIDGED BALANCE SHEET
31 JULY 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Debtors 25,256 2,132
Cash at bank 4,789 13,164
30,045 15,296
CREDITORS
Amounts falling due within one year 17,398 12,985
NET CURRENT ASSETS 12,647 2,311
TOTAL ASSETS LESS CURRENT
LIABILITIES
12,647
2,311

CAPITAL AND RESERVES
Called up share capital 6 200 200
Retained earnings 12,447 2,111
SHAREHOLDERS' FUNDS 12,647 2,311

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

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

The director acknowledges his 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 July 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 director on 24 April 2018 and were signed by:





K M Roberts - Director


The notes form part of these financial statements

Page 2
ABLE BUILDERS LIMITED (REGISTERED NUMBER: 06115943)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017

1. STATUTORY INFORMATION

Able Builders 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, was
amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured
at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the
period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

Page 3 continued...
ABLE BUILDERS LIMITED (REGISTERED NUMBER: 06115943)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2017

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2016
and 31 July 2017 30,000
AMORTISATION
At 1 August 2016
and 31 July 2017 30,000
NET BOOK VALUE

At 31 July 2017 -
At 31 July 2016 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2016
and 31 July 2017 11,338
DEPRECIATION
At 1 August 2016
and 31 July 2017 11,338
NET BOOK VALUE
At 31 July 2017 -
At 31 July 2016 -

6. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
100 Ordinary £1 100 100
100 Ordinary-A £1 100 100
200 200

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ABLE BUILDERS LIMITED

The following reproduces the text of the report prepared for the director 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 Director 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 Able Builders Limited for the year ended 31 July 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Able Builders Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Able Builders Limited and state those matters that we have agreed to state to the director of Able Builders Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Able Builders Limited and its director for our work or for this report.

It is your duty to ensure that Able Builders 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 Able Builders Limited. You consider that Able Builders 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 Able Builders 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.






M R Salvage Limited
Chartered Accountants
7/8 Eghams Court
Boston Drive
Bourne End
Buckinghamshire
SL8 5YS


26 April 2018

This page does not form part of the statutory financial statements

Page 5