Accounts filed on 30-06-2016


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/06/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 03067814


Registered Number: 03067814

BALANCE SHEET AT 30/06/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		167,672		148,098

CURRENT ASSETS
Stock		5,681		16,824
Debtors (amounts falling due within one year)	3	81,647		97,115
Cash at bank and in hand		434,908		381,130
		522,236		495,069
CREDITORS: Amounts falling due within one year		111,902		93,076
NET CURRENT ASSETS			410,334		401,993
TOTAL ASSETS LESS CURRENT LIABILITIES			578,006		550,091


PROVISIONS FOR LIABILITIES			12,548		15,531

NET ASSETS			565,458		534,560

CAPITAL AND RESERVES

Called up share capital	4		1,000		1,000
Profit and loss account			564,458		533,560
SHAREHOLDERS' FUNDS			565,458		534,560

For the year ending 30/06/2016 the company was entitled to exemption 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.

Approved by the board on 20/03/2017 and signed on their behalf by




Simon William James WELHAM
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Long Leasehold Properties		reducing balance 10%
Plant and Machinery		reducing balance 15%
Commercial Vehicles		reducing balance 25%




1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	66,832	78,242
Other debtors	14,815	18,873
	81,647	97,115




4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each	1000	1000
	1,000	1,000




5. RELATED PARTY TRANSACTIONS

The controlling party is S W J & S Y Welham by virtue of their ownership of 100% of the issued ordinary share capital in the company. They received dividends totalling £120,000.