UKD Diggers Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06713707 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

UKD DIGGERS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

D J Bennett

M Rushby

REGISTERED OFFICE:

The Estate Office

Egginton Hall

Egginton

DERBY

DE65 6HP

REGISTERED NUMBER:

06713707 (England and Wales)

ACCOUNTANTS:

Smith Cooper Limited

Chartered Accountants

St.Helens House

King Street

Derby

DE1 3EE

FIXED ASSETS

Tangible assets

2

694,730

432,654

CURRENT ASSETS

Debtors

125,959

102,354

Cash at bank

37,667

29,297

163,626

131,651

CREDITORS

Amounts falling due within one year

161,567

188,852

NET CURRENT ASSETS/(LIABILITIES)

2,059

(57,201

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

696,789

375,453

CREDITORS

Amounts falling due after more than one
year

314,585

83,950

NET ASSETS

382,204

291,503

CAPITAL AND RESERVES

Called up share capital

3

60,100

Profit and loss account

322,104

231,403

SHAREHOLDERS' FUNDS

382,204

291,503

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 26 June 2017 and were signed on its behalf by:

D J Bennett - Director

M Rushby - 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 etc

-

at variable rates on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

565,938

Additions

326,200

Disposals

(28,997

)

At 30 September 2016

863,141

DEPRECIATION

At 1 October 2015

133,284

Charge for year

45,894

Eliminated on disposal

(10,767

)

At 30 September 2016

168,411

NET BOOK VALUE

At 30 September 2016

694,730

At 30 September 2015

432,654

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

60,100

Ordinary

£1

60,100