Easthorpe Joinery Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09536828 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 10 April 2015 to 30 April 2016

for

Easthorpe Joinery Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Holmes

REGISTERED OFFICE:

23B Easthorpe

Southwell

Nottinghamshire

NG25 0HY

REGISTERED NUMBER:

09536828 (England and Wales)

ACCOUNTANTS:

Botham Accounting Limited

Chartered Accountants

14 Clarendon Street

Nottingham

Nottinghamshire

NG1 5HQ

FIXED ASSETS

Tangible assets

2

383

CURRENT ASSETS

Debtors

9,845

Cash at bank and in hand

2,789

12,634

CREDITORS

Amounts falling due within one year

12,495

NET CURRENT ASSETS

139

TOTAL ASSETS LESS CURRENT LIABILITIES

522

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

422

SHAREHOLDERS' FUNDS

522

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 25 October 2016 and were signed by:

R Holmes - 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 amounts invoiced in respect of goods and services, 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.

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.

Long term contracts

The attributable profit on long-term contracts is recognised once their outcome can be assessed with

reasonable certainty. The profit recognised reflects the proportion of work completed to date on the

project.

Costs associated with long-term contracts are included in other debtors to the extent that they cannot

be matched with contract work accounted for as turnover. Long-term contract balances included in

other debtors are stated at cost, after provision has been made for any foreseeable losses and the

deduction of applicable payments on account received.

Payments on account claimed but not received at the balance sheet date are not brought into the

financial statements.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

472

At 30 April 2016

472

DEPRECIATION

Charge for period

89

At 30 April 2016

89

NET BOOK VALUE

At 30 April 2016

383

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.