Abbreviated Company Accounts - A.G. MACHIN DESIGN & BUILDING CONTRACTORS LIMITED

01555009 A.G. MACHIN DESIGN & BUILDING CONTRACTORS LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 01555009 2015-06-01 2016-05-31 01555009 2016-05-31 01555009 2015-05-31 01555009 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 01555009 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 01555009

A.G. MACHIN DESIGN & BUILDING CONTRACTORS LIMITED

Abbreviated Accounts

31 May 2016

A.G. MACHIN DESIGN & BUILDING CONTRACTORS LIMITED Registered Number 01555009

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Current assets
Debtors		15,105	7,715
Cash at bank and in hand		3,328	49,561
		18,433	57,276
Creditors: amounts falling due within one year		(18,171)	(56,417)
Net current assets (liabilities)		262	859
Total assets less current liabilities		262	859
Total net assets (liabilities)		262	859
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		162	759
Shareholders' funds		262	859

For the year ending 31 May 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 27 February 2017

And signed on their behalf by:
A G Machin, Director

A.G. MACHIN DESIGN & BUILDING CONTRACTORS LIMITED Registered Number 01555009

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Basis of accounting

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements have been prepared on a going concern basis, which assumes that the company will continue to receive financial support from its company's bankers and directors. Having considered all the information available, the directors have reasonable expectation that the company will have adequate financial support for at least one year from the date of approval of the financial statements.

Turnover policy
Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year.

Other accounting policies
Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100