D & G Contractors Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06249343 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

D & G Contractors Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Danny Nicholas Norman

SECRETARY:

Georgina Norman

REGISTERED OFFICE:

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

REGISTERED NUMBER:

06249343 (England and Wales)

ACCOUNTANTS:

KT Accountants Limited

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

FIXED ASSETS

Tangible assets

2

8,474

4,899

CURRENT ASSETS

Debtors

11,164

8,694

Cash at bank

424

1,038

11,588

9,732

CREDITORS

Amounts falling due within one year

24,129

18,834

NET CURRENT LIABILITIES

(12,541

)

(9,102

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,067

)

(4,203

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(4,068

)

(4,204

)

SHAREHOLDERS' FUNDS

(4,067

)

(4,203

)

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 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 18 July 2016 and were signed by:

Danny Nicholas Norman - 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

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

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

9,051

Additions

10,000

Disposals

(4,800

)

At 31 March 2016

14,251

DEPRECIATION

At 1 April 2015

4,152

Charge for year

2,825

Eliminated on disposal

(1,200

)

At 31 March 2016

5,777

NET BOOK VALUE

At 31 March 2016

8,474

At 31 March 2015

4,899

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

1

Ordinary

£1

1

1

4.	GOING CONCERN