Casey's Construction Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05263548 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2016

for

Casey's Construction Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A P Casey

SECRETARY:

Mrs Y Casey

REGISTERED OFFICE:

73 Southowram Bank

Halifax

West Yorkshire

HX3 9XL

REGISTERED NUMBER:

05263548 (England and Wales)

ACCOUNTANTS:

Lindley Adams Limited Chartered Accountants

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

FIXED ASSETS

Tangible assets

2

11,639

10,878

CURRENT ASSETS

Debtors

54,465

2,000

Cash at bank

1,605

350

56,070

2,350

CREDITORS

Amounts falling due within one year

61,583

26,137

NET CURRENT LIABILITIES

(5,513

)

(23,787

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,126

(12,909

)

PROVISIONS FOR LIABILITIES

2,327

2,176

NET ASSETS/(LIABILITIES)

3,799

(15,085

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

3,798

(15,086

)

SHAREHOLDERS' FUNDS

3,799

(15,085

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 15 May 2017 and were signed by:

A P Casey - 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, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

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

-

15% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

29,052

Additions

3,644

Disposals

(3,333

)

At 31 October 2016

29,363

DEPRECIATION

At 1 November 2015

18,174

Charge for year

2,309

Eliminated on disposal

(2,759

)

At 31 October 2016

17,724

NET BOOK VALUE

At 31 October 2016

11,639

At 31 October 2015

10,878

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

£

1

Ordinary

£1

1

1

4.	ULTIMATE CONTROLLING PARTY

The company is controlled by A Casey, the sole director of the company, by virtue of his shareholding.