Znz Construction Ltd
Registered number: 07865547
Balance Sheet
as at 30 November 2016
Notes 2016 2015
£ £
Current assets
Stocks 5,820 950
Debtors 3 288 362
Cash at bank and in hand 213 1,272
6,321 2,584
Creditors: amounts falling due within one year 4 (38,924) (16,997)
Net current liabilities (32,603) (14,413)
Net liabilities (32,603) (14,413)
Capital and reserves
Called up share capital 100 100
Profit and loss account (32,703) (14,513)
Shareholder's funds (32,603) (14,413)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Z Zhang
Director
Approved by the board on 26 June 2017
Znz Construction Ltd
Notes to the Accounts
for the year ended 30 November 2016
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2016 2015
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2016 2015
£ £
Other debtors 288 362
4 Creditors: amounts falling due within one year 2016 2015
£ £
Other creditors 38,924 16,997
5 Other information
Znz Construction Ltd is a private company limited by shares and incorporated in England. Its registered office is:
161 Malden Road
New Malden
Surrey
KT3 6AA
Znz Construction Ltd 07865547 false 2015-12-01 2016-11-30 2016-11-30 VT Final Accounts March 2017 Z Zhang No description of principal activity 07865547 2014-12-01 2015-11-30 07865547 core:WithinOneYear 2015-11-30 07865547 core:ShareCapital 2015-11-30 07865547 core:RetainedEarningsAccumulatedLosses 2015-11-30 07865547 2015-12-01 2016-11-30 07865547 bus:PrivateLimitedCompanyLtd 2015-12-01 2016-11-30 07865547 bus:AuditExempt-NoAccountantsReport 2015-12-01 2016-11-30 07865547 bus:Director40 2015-12-01 2016-11-30 07865547 1 2015-12-01 2016-11-30 07865547 2 2015-12-01 2016-11-30 07865547 countries:England 2015-12-01 2016-11-30 07865547 bus:FRS102 2015-12-01 2016-11-30 07865547 bus:FullAccounts 2015-12-01 2016-11-30 07865547 2016-11-30 07865547 core:WithinOneYear 2016-11-30 07865547 core:ShareCapital 2016-11-30 07865547 core:RetainedEarningsAccumulatedLosses 2016-11-30 07865547 2015-11-30 iso4217:GBP xbrli:pure

Options

Monitor

  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
Monitor Now

Please Help Us!

Was this document useful to you? Please Like our page. The more Likes we get, the more documents we can supply you free. Thanks.