Blockbuilders Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09196649 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

BLOCKBUILDERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Leckie

J Palmer

REGISTERED OFFICE:

30-34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

09196649 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

2

4,290

2,457

CURRENT ASSETS

Debtors

8,928

-

Cash at bank

-

252

8,928

252

CREDITORS

Amounts falling due within one year

(13,205

)

(2,954

)

NET CURRENT LIABILITIES

(4,277

)

(2,702

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

13

(245

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(87

)

(345

)

SHAREHOLDERS' FUNDS

13

(245

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 17 January 2017 and were signed on its behalf by:

J Palmer - Director

M Leckie - 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

-

33% on cost

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 September 2015

3,669

Additions

4,580

At 31 August 2016

8,249

DEPRECIATION

At 1 September 2015

1,212

Charge for year

2,747

At 31 August 2016

3,959

NET BOOK VALUE

At 31 August 2016

4,290

At 31 August 2015

2,457

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 August 2016 and the period

ended 31 August 2015:

2016

2015

£

J Palmer

Balance outstanding at start of year

-

Amounts advanced

4,636

-

Amounts repaid

-

Balance outstanding at end of year

4,636

-

M Leckie

Balance outstanding at start of year

-

Amounts advanced

4,293

-

Amounts repaid

-

Balance outstanding at end of year

4,293

-

All loans advanced in the year were fully repaid within 9 months of the year end.