Accounts Submission

MONTROSE GROUP (COTSWOLD BUILDERS) LIMITED - Company Information

Company Accounts and Tax Online 07107678 Board of Directors 1.1.16 31.12.16 31.12.16 false iso4217:GBP xbrli:pure 07107678 2015-01-01 2015-12-31 07107678 2016-12-31 07107678 2016-01-01 2016-12-31 07107678 2015-12-31 07107678 countries:EnglandWales 2016-01-01 2016-12-31 07107678 curr:PoundSterling 2016-01-01 2016-12-31 07107678 uk-bus:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31 07107678 uk-bus:FRS102 2016-01-01 2016-12-31 07107678 uk-bus:AuditExempt-NoAccountantsReport 2016-01-01 2016-12-31 07107678 uk-bus:FullAccounts 2016-01-01 2016-12-31 07107678 uk-bus:RegisteredOffice 2016-01-01 2016-12-31 07107678 uk-bus:Director1 2016-01-01 2016-12-31 07107678 uk-bus:Director1 2016-01-01 07107678 uk-bus:Director1 2016-12-31 07107678 uk-bus:Director2 2016-01-01 2016-12-31 07107678 uk-bus:Director2 2016-01-01 07107678 uk-bus:Director2 2016-12-31 07107678 core:AfterOneYear 2016-12-31 07107678 core:AfterOneYear 2015-12-31 07107678 core:WithinOneYear 2016-12-31 07107678 core:WithinOneYear 2015-12-31 07107678 core:WithinOneYear 2016-01-01 2016-12-31 07107678 core:AfterOneYear 2016-12-31 07107678 core:AfterOneYear 2015-12-31 07107678 core:AfterOneYear 2016-01-01 2016-12-31 07107678 core:ShareCapital 2016-12-31 07107678 core:ShareCapital 2015-12-31 07107678 core:RevaluationReserve 2016-12-31 07107678 core:RevaluationReserve 2015-12-31 07107678 core:RetainedEarningsAccumulatedLosses 2016-12-31 07107678 core:RetainedEarningsAccumulatedLosses 2015-12-31 07107678 1 2016-01-01 2016-12-31 07107678 core:LandBuildings 2016-01-01 2016-12-31 07107678 core:LandBuildings 2016-12-31 07107678 core:LandBuildings 2015-01-01 2015-12-31 07107678 core:LandBuildings 2015-12-31 07107678 core:PlantMachinery 2016-01-01 2016-12-31 07107678 core:PlantMachinery 2016-12-31 07107678 core:PlantMachinery 2015-01-01 2015-12-31 07107678 core:PlantMachinery 2015-12-31 07107678 core:FurnitureFittingsToolsEquipment 2016-01-01 2016-12-31 07107678 core:FurnitureFittingsToolsEquipment 2016-12-31 07107678 core:FurnitureFittingsToolsEquipment 2015-01-01 2015-12-31 07107678 core:FurnitureFittingsToolsEquipment 2015-12-31 07107678 core:OfficeEquipment 2016-01-01 2016-12-31 07107678 core:OfficeEquipment 2016-12-31 07107678 core:OfficeEquipment 2015-01-01 2015-12-31 07107678 core:OfficeEquipment 2015-12-31 07107678 core:Vehicles 2016-01-01 2016-12-31 07107678 core:Vehicles 2016-12-31 07107678 core:Vehicles 2015-01-01 2015-12-31 07107678 core:Vehicles 2015-12-31 07107678 core:NetGoodwill 2016-01-01 2016-12-31 07107678 core:NetGoodwill 2016-12-31 07107678 core:NetGoodwill 2015-01-01 2015-12-31 07107678 core:NetGoodwill 2015-12-31 07107678 core:IntangibleAssetsOtherThanGoodwill 2016-01-01 2016-12-31 07107678 core:IntangibleAssetsOtherThanGoodwill 2016-12-31 07107678 core:IntangibleAssetsOtherThanGoodwill 2015-01-01 2015-12-31 07107678 core:IntangibleAssetsOtherThanGoodwill 2015-12-31

Company Registration Number:
07107678 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2016

Period of accounts

Start date: 01 January 2016

End date: 31 December 2016

Contents of the Financial Statements

for the Period Ended 31 December 2016


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

Directors' Report Period Ended 31 December 2016

The directors present their report with the financial statements of the company for the period ended 31 December 2016

Principal Activities

The business has provided building services for the renovation and new builds markets. The company operates in the Cotswolds and has been established for 8 years.

Additional information

Accounts For the year ending 31 December 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 preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standards for Smaller Entities (effective 2008). The board approved the financial statements on the 25th April 2017.

Directors

The directors shown below have held office during the whole of the period from 01 January 2016 to 31 December 2016
William Down
Joshua Down

This report was approved by the board of directors on 25 April 2017
And Signed On Behalf Of The Board By:

Name: William Down
Status: Director

Profit and Loss Account

for the Period Ended 31 December 2016

	2016 £	2015 £
Turnover	1,258,328	330,280
Cost of sales	(1,007,304)	(401,351)
Gross Profit or (Loss)	251,024	(71,071)
Administrative Expenses	(191,249)	(211,605)
Operating Profit or (Loss)	59,775	(282,676)
Profit or (Loss) Before Tax	59,775	(282,676)
Tax on Profit	(4,646)	-
Profit or (Loss) for Period	55,129	(282,676)

The notes form part of these financial statements

Balance sheet

As at 31 December 2016

	Notes	2016 £	2015 £
Fixed assets
Intangible assets:	2	2	2
Tangible assets:	3	25,752	33,139
Total fixed assets:		25,754	33,141
Current assets
Stocks:		255,965	581,965
Debtors:	4	192	5,499
Cash at bank and in hand:		0	0
Total current assets:		256,157	587,464
Creditors: amounts falling due within one year:	5	( 76,782 )	( 675,798 )
Net current assets (liabilities):		179,375	( 88,334 )
Total assets less current liabilities:		205,129	( 55,193 )
Total net assets (liabilities):		205,129	( 55,193 )

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2016

	2016 £	2015 £
Capital and reserves
Called up share capital:	150,000	4
Profit and loss account:	55,129	( 55,197 )
Shareholders funds:	205,129	( 55,193 )

For the year ending 31 December 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 April 2017
And Signed On Behalf Of The Board By:

Name: William Down
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2016

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Notes to the Financial Statements

for the Period Ended 31 December 2016

2. Intangible assets

	Other	Total
Cost	£	£
At 01 January 2016	2	2
Additions	0	0
Disposals	(0)	(0)
Revaluations	0	0
Transfers	0	0
At 31 December 2016	2	2
Amortisation
Amortisation at 01 January 2016	0	0
Charge for year	0	0
On disposals	(0)	(0)
Other adjustments	0	0
Amortisation at 31 December 2016	0	0
Net book value
Net book value at 31 December 2016	2	2
Net book value at 31 December 2015	2	2

Investment

Notes to the Financial Statements

for the Period Ended 31 December 2016

3. Tangible assets

	Plant & machinery	Fixtures & fittings	Motor vehicles	Total
Cost	£	£	£	£
At 01 January 2016	10,570	457	22,112	33,139
Additions	0	0	0	0
Disposals	(0)	(0)	(0)	(0)
Revaluations	0	0	0	0
Transfers	0	0	0	0
At 31 December 2016	10,570	457	22,112	33,139
Depreciation
At 01 January 2016	0	0	0	0
Charge for year	1,054	132	6,201	7,387
On disposals	-	-	-	-
Other adjustments	-	-	-	-
At 31 December 2016	1,054	132	6,201	7,387
Net book value
At 31 December 2016	9,516	325	15,911	25,752
At 31 December 2015	10,570	457	22,112	33,139

Notes to the Financial Statements

for the Period Ended 31 December 2016

4. Debtors

	2016 £	2015 £
Trade debtors	192	5,499
Total	192	5,499
Debtors due after more than one year:	0	0

Notes to the Financial Statements

for the Period Ended 31 December 2016

5.Creditors: amounts falling due within one year note

	2016 £	2015 £
Bank loans and overdrafts	4,073	12,652
Trade creditors	72,709	663,146
Taxation and social security	0	0
Total	76,782	675,798

Director:		William Down
		Joshua Down


Registered office:		Unit 65 Northwick Business Centre Northwick Park Blockley Gloucestershire GBR GL56 9RF


Company Registration Number:		07107678 (England and Wales)

Accounts Submission