Abbreviated Company Accounts - LINCARR JOINERY & BUILDING LIMITED

LINCARR JOINERY & BUILDING LIMITED - Company Information

Registered Number 08075962

LINCARR JOINERY & BUILDING LIMITED

Abbreviated Accounts

29 May 2016

LINCARR JOINERY & BUILDING LIMITED Registered Number 08075962

Abbreviated Balance Sheet as at 29 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,451	3,402
		1,451	3,402
Current assets
Debtors		2,742	2,649
Cash at bank and in hand		72	1,841
		2,814	4,490
Creditors: amounts falling due within one year		(4,074)	(5,446)
Net current assets (liabilities)		(1,260)	(956)
Total assets less current liabilities		191	2,446
Total net assets (liabilities)		191	2,446
Capital and reserves
Called up share capital		100	100
Profit and loss account		91	2,346
Shareholders' funds		191	2,446

For the year ending 29 May 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 26 May 2017

And signed on their behalf by:
Carl M Morte, Director

LINCARR JOINERY & BUILDING LIMITED Registered Number 08075962

Notes to the Abbreviated Accounts for the period ended 29 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 20% straight line
Motor vehicles - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 June 2015	9,255
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 29 May 2016	9,255
Depreciation
At 1 June 2015	5,853
Charge for the year	1,951
On disposals	-
At 29 May 2016	7,804
Net book values
At 29 May 2016	1,451
At 31 May 2015	3,402