Dwenger Roofing Ltd

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	2		5,000		5,000
Tangible Assets	3		1,340		1,570

			6,340		6,570
CURRENT ASSETS
Stocks		7,280		5,390
Debtors		48,547		27,592
Cash at bank and in hand		24,365		30,473

		80,192		63,455
Creditors: Amounts Falling Due Within One Year		(59,929 )		(46,891 )

NET CURRENT ASSETS (LIABILITIES)			20,263		16,564

TOTAL ASSETS LESS CURRENT LIABILITIES			26,603		23,134

NET ASSETS			26,603		23,134

CAPITAL AND RESERVES
Called up share capital	4		140		100
Profit and Loss Account			26,463		23,034

SHAREHOLDERS' FUNDS			26,603		23,134

Dwenger Roofing Ltd

Company No. 8288276

Abbreviated Balance Sheet (continued) 30 November 2016

For the year ending 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Ashley Mead

16/08/2017

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the value attributed to the name, "Dwenger Roofing" by the director. No amortisation has been provided in the year and the name remains the property of the director.

1.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	25% reducing balance

1.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2. Intangible Assets


	Total
Cost	£
As at 1 December 2015	5,000

As at 30 November 2016	5,000

Net Book Value
As at 30 November 2016	5,000

As at 1 December 2015	5,000

Page 2

Dwenger Roofing Ltd

Notes to the Abbreviated Accounts (continued)

For The Year Ended 30 November 2016

3. Tangible Assets


	Total
Cost	£
As at 1 December 2015	3,643

As at 30 November 2016	3,643

Depreciation
As at 1 December 2015	2,073
Provided during the period	230

As at 30 November 2016	2,303

Net Book Value
As at 30 November 2016	1,340

As at 1 December 2015	1,570

Page 3

Dwenger Roofing Ltd

Notes to the Abbreviated Accounts (continued)

For The Year Ended 30 November 2016

4. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	100	100	100

Ordinary B shares	1.000	10	10	-

Ordinary C shares	1.000	10	10	-

Ordinary D shares	1.000	10	10	-

Ordinary E shares	1.000	10	10	-




		140	140	100

	Nominal value	Number	Amount

Shares issued during the period:	£		£
Ordinary B shares	1.000	10	10

Ordinary C shares	1.000	10	10

Ordinary D shares	1.000	10	10

Ordinary E shares	1.000	10	10




		40	40

5. Transactions With and Loans to Directors

Included within Creditors are loans by the directors to the company:-

	As at 1 December 2015	Amounts advanced	Amounts repaid	As at 30 November 2016
	£	£	£	£
Mr Ashley Mead	-	7,816	8,000	184
Mr Ben Dwenger	7,952	21,358	31,707	18,301

The above loans are unsecured, interest free and repayable on demand.

Dividends paid to directors

	2016	2015
	£	£
Mr Ben Dwenger	25,500	19,500
Mr Ashley Mead	4,000	-

Page 4

Dwenger Roofing Ltd

Notes to the Abbreviated Accounts (continued)

For The Year Ended 30 November 2016

6. Ultimate Controlling Party

There is no controlling party of the company since the shares are held equally by the directors and their associates.