Altrincham Building & Damp-Proofing Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 05214334 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

for

Altrincham Building And Damp-Proofing

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R A Durkin

REGISTERED OFFICE:

2 Maple Court

Davenport Street

Macclesfield

Cheshire

SK10 1JE

REGISTERED NUMBER:

05214334 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

Chartered Accountants

2 Maple Court

Davenport Street

Macclesfield

Cheshire

SK101JE

FIXED ASSETS

Tangible assets

2

11,319

12,321

CURRENT ASSETS

Debtors

34,156

12,900

Cash at bank

-

10,926

34,156

23,826

CREDITORS

Amounts falling due within one year

61,704

68,874

NET CURRENT LIABILITIES

(27,548

)

(45,048

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,229

)

(32,727

)

PROVISIONS FOR LIABILITIES

1,874

-

NET LIABILITIES

(18,103

)

(32,727

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(18,104

)

(32,728

)

SHAREHOLDERS' FUNDS

(18,103

)

(32,727

)

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 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 19 May 2017 and were signed by:

R A Durkin - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company is dependent, in the absence of other funding, on the continued financial support of the director .

The director has made an undertaking that support will continue to be made available to the company for at least

the 12 month period following the approval of these accounts.

On this basis, the director considers it appropriate to prepare the accounts on the going concern basis. The

accounts do not include any adjustments that might be necessary if the director was not to provide further

support.

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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

48,745

Additions

2,817

At 31 August 2016

51,562

DEPRECIATION

At 1 September 2015

36,424

Charge for year

3,819

At 31 August 2016

40,243

NET BOOK VALUE

At 31 August 2016

11,319

At 31 August 2015

12,321

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

Ordinary

£1

1

1

4.	CONTROLLING PARTY

The company is controlled by Mr R A Durkin who owns 100% of the issued share capital.