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REGISTERED NUMBER: 05558339 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Radford Construction Services Limited

Radford Construction Services Limited (Registered number: 05558339)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Radford Construction Services Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: A Radford
Miss M Patterson





SECRETARY: Miss M Patterson





REGISTERED OFFICE: The Old Chapel
Stone Row
Grange Villa
Chester-le-Street
County Durham
DH2 3NA





REGISTERED NUMBER: 05558339 (England and Wales)





ACCOUNTANTS: Inspire Chartered Accountants
6 Queens Court
Third Avenue
Team Valley
Gateshead
Tyne and Wear
NE11 0BU

Radford Construction Services Limited (Registered number: 05558339)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 45,526 70,547
45,526 70,547

CURRENT ASSETS
Stocks 7 2,000 2,000
Debtors 8 49,290 89,205
Cash at bank and in hand 387,872 372,404
439,162 463,609
CREDITORS
Amounts falling due within one year 9 122,223 181,374
NET CURRENT ASSETS 316,939 282,235
TOTAL ASSETS LESS CURRENT
LIABILITIES

362,465

352,782

CREDITORS
Amounts falling due after more than one year 10 (4,306 ) (4,036 )

PROVISIONS FOR LIABILITIES (8,649 ) (14,109 )
NET ASSETS 349,510 334,637

Radford Construction Services Limited (Registered number: 05558339)

Balance Sheet - continued
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 349,410 334,537
SHAREHOLDERS' FUNDS 349,510 334,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 26 September 2018 and were signed on its behalf by:





A Radford - Director


Radford Construction Services Limited (Registered number: 05558339)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Radford Construction Services Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts receivable for services net of VAT and trade discounts.

Turnover is recognised as contracts progress to reflect the company's partial performance of its contractual obligations.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any
accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.


Radford Construction Services Limited (Registered number: 05558339)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been
enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under
hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are
depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the
future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme
are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 4 ) .

Radford Construction Services Limited (Registered number: 05558339)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 10,000
AMORTISATION
At 1 April 2017
and 31 March 2018 10,000
NET BOOK VALUE
At 31 March 2018 -
At 31 March 2017 -

6. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2017
and 31 March 2018 59,274 56,913 657 116,844
DEPRECIATION
At 1 April 2017 16,861 29,279 157 46,297
Charge for year 13,931 10,873 217 25,021
At 31 March 2018 30,792 40,152 374 71,318
NET BOOK VALUE
At 31 March 2018 28,482 16,761 283 45,526
At 31 March 2017 42,413 27,634 500 70,547

Radford Construction Services Limited (Registered number: 05558339)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2017
and 31 March 2018 21,800
DEPRECIATION
At 1 April 2017 13,625
Charge for year 5,450
At 31 March 2018 19,075
NET BOOK VALUE
At 31 March 2018 2,725
At 31 March 2017 8,175

7. STOCKS
31.3.18 31.3.17
£    £   
Stocks 2,000 2,000

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 6,264 11,722
Other debtors 43,026 77,483
49,290 89,205

Radford Construction Services Limited (Registered number: 05558339)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Hire purchase contracts 2,259 6,565
Trade creditors 42,070 2,869
Taxation and social security 42,050 137,910
Other creditors 35,844 34,030
122,223 181,374

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.18 31.3.17
£    £   
Hire purchase contracts 4,306 4,036

11. SECURED DEBTS

The following secured debts are included within creditors:

31.3.18 31.3.17
£    £   
Hire purchase contracts 6,565 10,601

Hire purchase liabilities are secured against the assets to which they relate.