Sandymount Construction Ltd - Accounts

Sandymount Construction Ltd - Accounts

SANDYMOUNT CONSTRUCTION LTD - Company Information

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1 August 2014 1 0 07590915 2014-08-01 2015-07-31 07590915 2014-07-31 07590915 2015-07-31 07590915 2013-08-01 2014-07-31 07590915 2013-07-31 07590915 2014-07-31 07590915 uk-bus:Director1 2014-08-01 2015-07-31 07590915 uk-gaap:PlantMachinery 2014-08-01 2015-07-31 07590915 uk-gaap:OfficeEquipment 2014-08-01 2015-07-31 07590915 uk-bus:OrdinaryShareClass1 2015-07-31 07590915 uk-bus:OrdinaryShareClass1 2014-07-31 07590915 uk-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
  Registered number
  07590915
 
  Sandymount Construction Ltd  
  Abbreviated Unaudited Accounts  
  for the year ended  
  31 July 2015  
 
 

Sandymount Construction Ltd
Balance Sheet
as at 31 July 2015

Notes
   2015
£		   2014
£
Fixed Assets 2
Tangible Assets 3,475 1,274
3,475 1,274
Current Assets
Stocks 41,500 40,000
Debtors 24,054 25,357
Cash at bank and in hand 168 9,565
65,722 74,922
Creditors: amounts falling due within one year 68,140 75,420
Net Current Assets / (Liabilities) (2,418) (498)
Total Assets Less Current Liabilities 1,057 776
Total Net Assets (Liabilities) 1,057 776
Capital and reserves
Called up share capital 3 100 100
Profit & Loss Account 957 676
Shareholders' Funds 1,057 776

 
 

Sandymount Construction Ltd
Balance Sheet
as at 31 July 2015



These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31 July 2015 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.

Signed on behalf of the board of directors

 

...............................

M Haren

Director


Approved by the board on 12 April 2016


 
 

Sandymount Construction Ltd
Notes to the Accounts
for the year ended 31 July 2015

1. Accounting policies

Basis of accounting
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding VAT having regard to the fulfilment of contractual obligations.

Tangible fixed assets depreciation policy
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery 25% Straight Line
Equipment 25% Straight Line

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.

 
 
2. Fixed assets
Tangible Fixed Assets Total
Cost £ £
At 31 July 2014 1,480 1,480
Additions 2,595 2,595
At 31 July 2015 4,075 4,075
 
Depreciation
At 31 July 2014 206 206
Charge for period 394 394
At 31 July 2015 600 600
 
Net book values
At 31 July 2015 3,475 3,475
At 31 July 2014 1,274 1,274

 
 
3. Share capital
2015 2014
£ £
Allotted, called up and fully paid:
100 (2014: 100) Ordinary shares of £1.00 each 100 100
100 100