Construction Alliance Recruitment Limited - Period Ending 2016-04-30

Registration number: 05639603

Construction Alliance Recruitment Limited

Unaudited Abbreviated Accounts

for the Period from 01 January 2015 to 30 April 2016

 

Construction Alliance Recruitment Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Construction Alliance Recruitment Limited
(Registration number: 05639603)
Abbreviated Balance Sheet
at 30 April 2016

		Note			30 April 2016 £			31 December 2014 £
Fixed assets
Tangible fixed assets		2			14,217			14,913
Current assets
Debtors					300,484			250,481
Cash at bank and in hand					134,627			192,326
					435,111			442,807
Creditors: Amounts falling due within one year					(283,722)			(175,102)
Net current assets					151,389			267,705
Total assets less current liabilities					165,606			282,618
Provisions for liabilities					(2,377)			(2,720)
Net assets					163,229			279,898
Capital and reserves
Called up share capital		3			750			1,110
Capital redemption reserve					360			-
Profit and loss account					162,119			278,788
Shareholders' funds					163,229			279,898

For the period ended 30 April 2016 the company was entitled to exemption from audit 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.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board and authorised for issue on 31 January 2017 and signed on its behalf by:

 A Williamson
 Director

- 1 -

Construction Alliance Recruitment Limited
Notes to the Abbreviated Accounts
for the Period ended 30 April 2016

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 chargeable in respect of the provision of recruitment services. Where the amount relates to a period which covers the balance sheet date, that amount is apportioned over the period to which it relates.

Tangible fixed assets and depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	20% straight line

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the Financial Reporting Standards for Smaller Entities (effective 2008). Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

- 2 -

Construction Alliance Recruitment Limited
Notes to the Abbreviated Accounts
for the Period ended 30 April 2016

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2015		43,041			43,041
Additions		5,822			5,822
At 30 April 2016		48,863			48,863
Depreciation
At 1 January 2015		28,128			28,128
Charge for the period		6,518			6,518
At 30 April 2016		34,646			34,646
Net book value
At 30 April 2016		14,217			14,217
At 31 December 2014		14,913			14,913

3	Share capital

Allotted, called up and fully paid shares

	30 April 2016						31 December 2014
		No.			£			No.			£
Ordinary A shares of £1 each		200			200			200			200
Ordinary B shares of £1 each		200			200			200			200
Ordinary C shares of £1 each		200			200			200			200
Ordinary D shares of £1 each		-			-			200			200
Ordinary E shares of £1 each		50			50			50			50
Ordinary F shares of £1 each		50			50			50			50
Ordinary G shares of £1 each		50			50			50			50
Ordinary H shares of £1 each		-			-			50			50
Ordinary I shares of £1 each		-			-			55			55
Ordinary J shares of £1 each		-			-			55			55
		750			750			1,110			1,110

The above shares rank pari passu in all respects other than the right to dividends.

During the year the company purchased 360 of its own ordinary shares consisting of 200 ordinary D shares, 50 ordinary H shares, 55 ordinary I shares and 55 ordinary J shares. The shares were subsequently cancelled upon purchase.

- 3 -