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Registered Number 00058957

NORMANTON BRICK COMPANY LIMITED

Abbreviated Accounts

30 July 2016

NORMANTON BRICK COMPANY LIMITED Registered Number 00058957

Abbreviated Balance Sheet as at 30 July 2016

Notes 2016 2015
£ £
Fixed assets
Investments 2 400 400
400 400
Current assets
Debtors 2,971 3,235
Investments 131,000 131,000
Cash at bank and in hand 50,608 95,074
184,579 229,309
Net current assets (liabilities) 184,579 229,309
Total assets less current liabilities 184,979 229,709
Creditors: amounts falling due after more than one year (29,037) (65,505)
Total net assets (liabilities) 155,942 164,204
Capital and reserves
Called up share capital 3 5,000 5,000
Profit and loss account 150,942 159,204
Shareholders' funds 155,942 164,204
  • For the year ending 30 July 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 31 July 2017

And signed on their behalf by:
G A Kirk, Director

NORMANTON BRICK COMPANY LIMITED Registered Number 00058957

Notes to the Abbreviated Accounts for the period ended 30 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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).
The directors have taken the decision to cease producing bricks and therefore do not consider it to be appropriate to prepare the accounts on the going concern basis. Consequently the directors have transferred fixed assets which are expected to be disposed of in the forthcoming twelve months to current assets and they are included at their estimated realisable value under the heading of "Other debtors".

Other accounting policies
Pension costs
The company operates a defined contribution scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

2Fixed assets Investments
Fixed asset investments represent shares held in a publicly quoted company at original cost.

3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
500 Ordinary shares of £10 each 5,000 5,000

Included in "Creditors: Amounts falling due within one year" is an amount of £2,520 (2015: £2,520) comprising 252 Cumulative preference shares of £10 each.