TAD Construction Projects Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08986754 (England and Wales)

TAD CONSTRUCTION PROJECTS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T A Doyle

REGISTERED OFFICE:

The Exchange

5 Bank Street

Bury

BL9 0DN

REGISTERED NUMBER:

08986754 (England and Wales)

ACCOUNTANTS:

DTE Business Advisers Limited

Chartered Accountants

The Exchange

5 Bank Street

Bury

BL9 0DN

FIXED ASSETS

Tangible assets

2

16,023

17,664

CURRENT ASSETS

Debtors

18,257

560,210

Cash at bank and in hand

33,168

672,434

51,425

1,232,644

CREDITORS

Amounts falling due within one year

(65,903

)

(1,210,360

)

NET CURRENT (LIABILITIES)/ASSETS

(14,478

)

22,284

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,545

39,948

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

1,445

39,848

SHAREHOLDERS' FUNDS

1,545

39,948

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 15 December 2016 and were signed by:

T A Doyle - 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).

Revenue

Turnover represents the aggregate of the fair value of the sales of goods and services provided, net of value

added tax.

Revenue is recognised when a right to consideration has been obtained through performance under each contract.

Consideration accrues as contract activity progresses by reference to the value of the work performed. Revenue

is not recognised where the right to receive payment is contingent on events outside the control of the company.

Unbilled revenue is included in debtors as 'Amounts recoverable on contracts'.

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

23,551

Additions

3,830

At 31 March 2016

27,381

DEPRECIATION

At 1 April 2015

5,887

Charge for year

5,471

At 31 March 2016

11,358

NET BOOK VALUE

At 31 March 2016

16,023

At 31 March 2015

17,664

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100