D Wilkinson Builders Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04701185

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

D Wilkinson Builders Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D Wilkinson

Mrs A J Wilkinson

SECRETARY:

Mrs A J Wilkinson

REGISTERED OFFICE:

The Bungalow

Daisy Bank

Boundary

Stoke-on-Trent

Staffordshire

ST10 2NU

REGISTERED NUMBER:

04701185

ACCOUNTANTS:

Paterson Brodie

Cliveden Chambers

Cliveden Place

Longton

Stoke-on-Trent

Staffordshire

ST3 4JB

FIXED ASSETS

Tangible assets

2

476,145

603,003

CURRENT ASSETS

Stocks

1,200

1,000

Debtors

676

1,863

Cash at bank

90,043

43

91,919

2,906

CREDITORS

Amounts falling due within one year

306,880

256,856

NET CURRENT LIABILITIES

(214,961

)

(253,950

)

TOTAL ASSETS LESS CURRENT LIABILITIES

261,184

349,053

CREDITORS

Amounts falling due after more than one year

3

233,000

233,000

NET ASSETS

28,184

116,053

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

28,084

115,953

SHAREHOLDERS' FUNDS

28,184

116,053

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 16 November 2016 and were signed on its behalf by:

Mrs A J Wilkinson - 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 January 2015).

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 and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

632,716

Disposals

(125,982

)

At 31 March 2016

506,734

DEPRECIATION

At 1 April 2015

29,713

Charge for year

876

At 31 March 2016

30,589

NET BOOK VALUE

At 31 March 2016

476,145

At 31 March 2015

603,003

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.3.16

31.3.15

£

£

Repayable otherwise than by instalments

233,000

233,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

100

ordinary

£1

100

100