THAMESBRIDGE_GROUNDWORKS_ - Accounts

THAMESBRIDGE CONSTRUCTION LIMITED - Company Information

Print Friendly Version

Company Registration No. 05483469 (England and Wales)

THAMESBRIDGE GROUNDWORKS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

THAMESBRIDGE GROUNDWORKS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

THAMESBRIDGE GROUNDWORKS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

37,055

89,315

Current assets

Stocks

202,500

Debtors

500,928

433,444

Cash at bank and in hand

343,390

332,413

1,046,818

968,357

Creditors: amounts falling due within one year

(433,628)

(418,589)

Net current assets

613,190

549,768

Total assets less current liabilities

650,245

639,083

Capital and reserves

Called up share capital

Profit and loss account

650,235

639,073

Shareholders' funds

650,245

639,083

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 9 December 2015

Mr D M Tydeman

Director

Company Registration No. 05483469

THAMESBRIDGE GROUNDWORKS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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

25% Reducing Balance

Fixtures, fittings & equipment

25% Reducing balance

Motor vehicles

25% Reducing balance

1.5

Long term contracts

Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provision for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments on account.

THAMESBRIDGE GROUNDWORKS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Fixed assets

Tangible assets

Cost

At 1 April 2014

109,856

Additions

35,483

Disposals

(85,292)

At 31 March 2015

60,047

Depreciation

At 1 April 2014

20,541

On disposals

(9,901)

Charge for the year

12,352

At 31 March 2015

22,992

Net book value

At 31 March 2015

37,055

At 31 March 2014

89,315

Share capital

2015

2014

Allotted, called up and fully paid

10 Ordinary shares of £1 each

5 Ordinary A shares of £1 each

5 Ordinary B shares of £1 each

Transactions with directors

The following directors had interest free loans during the year. The movement on these loans are as follows:

Amount outstanding

Maximum

2015

2014

in year

Mr D M Tydeman - Director's Account

11,442

Mr D T Curran - Director's Account

12,000