Northport Construction Services Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05596097 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Northport Construction Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Michael Steven Hardy

Debra Hardy

Steven Michael Hardy

Craig Antony Hardy

SECRETARY:

K T Accountants Limited

REGISTERED OFFICE:

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

REGISTERED NUMBER:

05596097 (England and Wales)

ACCOUNTANTS:

KT Accountants Limited

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

FIXED ASSETS

Tangible assets

2

52,382

57,978

CURRENT ASSETS

Stocks

373,202

370,572

Debtors

195,875

562,641

Cash at bank

1,168,803

275,731

1,737,880

1,208,944

CREDITORS

Amounts falling due within one year

304,139

243,693

NET CURRENT ASSETS

1,433,741

965,251

TOTAL ASSETS LESS CURRENT LIABILITIES

1,486,123

1,023,229

CREDITORS

Amounts falling due after more than one year

-

(12,855

)

PROVISIONS FOR LIABILITIES

(10,476

)

-

NET ASSETS

1,475,647

1,010,374

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

1,475,547

1,010,274

SHAREHOLDERS' FUNDS

1,475,647

1,010,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 March 2016 and were signed on its behalf by:

Michael Steven Hardy - Director

Debra Hardy - Director

Steven Michael Hardy - Director

Craig Antony Hardy - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after

making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable

overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the

balance sheet. Those held under hire purchase contracts are depreciated over their

estimated useful lives. Those held under finance leases are depreciated over their

estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the

relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight

line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which

they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

117,189

Additions

12,160

Disposals

(1,500

)

At 30 June 2015

127,849

DEPRECIATION

At 1 July 2014

59,211

Charge for year

17,489

Eliminated on disposal

(1,233

)

At 30 June 2015

75,467

NET BOOK VALUE

At 30 June 2015

52,382

At 30 June 2014

57,978

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

100

Ordinary

£1

100

100