Langley Construction (Enfield) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03890154 (England and Wales)

Abbreviated Accounts

for the Year Ended 28 February 2014

for

Langley Construction (Enfield) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr P Langley

Mrs J C Langley

SECRETARY:

Mrs J C Langley

REGISTERED OFFICE:

Unit 10 The Maltings

Roydon Road

Stanstead Abbotts

Hertfordshire

SG12 8HG

REGISTERED NUMBER:

03890154 (England and Wales)

ACCOUNTANTS:

Barnard Sampson

3a Quay View Business Park

Lowestoft

Suffolk

NR32 2HD

BANKERS:

National Westminster Bank Plc

9 The Town

Enfield

Middlesex

EN2 6LH

FIXED ASSETS

Tangible assets

2

1,184,809

1,211,744

CURRENT ASSETS

Debtors

32,535

15,099

Cash at bank

13,451

32,637

45,986

47,736

CREDITORS

Amounts falling due within one year

29,853

15,806

NET CURRENT ASSETS

16,133

31,930

TOTAL ASSETS LESS CURRENT LIABILITIES

1,200,942

1,243,674

CREDITORS

Amounts falling due after more than one year

860,412

944,217

NET ASSETS

340,530

299,457

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

340,430

299,357

SHAREHOLDERS' FUNDS

340,530

299,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 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 November 2014 and were signed on its behalf by:

Mr P Langley - 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 April 2008).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Leasehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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

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 March 2013

and 28 February 2014

1,325,090

DEPRECIATION

At 1 March 2013

113,346

Charge for year

26,935

At 28 February 2014

140,281

NET BOOK VALUE

At 28 February 2014

1,184,809

At 28 February 2013

1,211,744

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

100

Ordinary

£1

100

100