Broomfield Construction & Development Lt - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05118804

BROOMFIELD CONSTRUCTION & DEVELOPMENT

LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R J Broomfield

REGISTERED OFFICE:

The Charmwood Centre

Bartley

Southampton

Hampshire

SO40 2NA

REGISTERED NUMBER:

05118804

ACCOUNTANTS:

Hargreaves & Co

The Charmwood Centre

Southampton Road

Bartley

Southampton

Hampshire

SO40 2NA

FIXED ASSETS

Tangible assets

2

80,823

41,218

CURRENT ASSETS

Stocks

1,956

1,449

Debtors

6,437

13,567

Cash at bank

87,886

103,531

96,279

118,547

CREDITORS

Amounts falling due within one year

93,955

65,263

NET CURRENT ASSETS

2,324

53,284

TOTAL ASSETS LESS CURRENT LIABILITIES

83,147

94,502

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

82,947

94,302

SHAREHOLDERS' FUNDS

83,147

94,502

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 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 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 director on 30 March 2016 and were signed by:

R J Broomfield - 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.

Plant & Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

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.

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

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

of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

107,079

Additions

66,546

At 30 June 2015

173,625

DEPRECIATION

At 1 July 2014

65,861

Charge for year

26,941

At 30 June 2015

92,802

NET BOOK VALUE

At 30 June 2015

80,823

At 30 June 2014

41,218

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

100

Ordinary Class B Non Voting

£1

100

100

200

200