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REGISTERED NUMBER: 09506971 (England and Wales)















Reid Carpentry Limited

Unaudited Financial Statements

For The Year Ended 31st March 2018






Reid Carpentry Limited (Registered number: 09506971)

Contents of the Financial Statements
For The Year Ended 31st March 2018










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Reid Carpentry Limited

Company Information
For The Year Ended 31st March 2018







DIRECTOR: Mr M Reid





SECRETARY:





REGISTERED OFFICE: Unit 81 Centaur Court
Claydon Business Park
Gt. Blakenham
Ipswich
Suffolk
IP6 0NL





REGISTERED NUMBER: 09506971 (England and Wales)





ACCOUNTANTS: John Phillips & Co Limited
Accountants
Unit 81 Centaur Court
Claydon Business Park
Gt. Blakenham
Ipswich
Suffolk
IP6 0NL

Reid Carpentry Limited (Registered number: 09506971)

Balance Sheet
31st March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,581 307

CURRENT ASSETS
Debtors 5 3,860 9,441
Cash at bank 1,000 15,720
4,860 25,161
CREDITORS
Amounts falling due within one year 6 5,524 24,355
NET CURRENT (LIABILITIES)/ASSETS (664 ) 806
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,917

1,113

CREDITORS
Amounts falling due after more than one
year

7

5,319

-
NET ASSETS 5,598 1,113

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9 5,588 1,103
SHAREHOLDERS' FUNDS 5,598 1,113

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Reid Carpentry Limited (Registered number: 09506971)

Balance Sheet - continued
31st March 2018


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 Income Statement has not been delivered.

The financial statements were approved by the director on 10th September 2018 and were signed by:





Mr M Reid - Director


Reid Carpentry Limited (Registered number: 09506971)

Notes to the Financial Statements
For The Year Ended 31st March 2018


1. STATUTORY INFORMATION

Reid Carpentry 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. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

Reid Carpentry Limited (Registered number: 09506971)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2018


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st April 2017 350 - 350
Additions 434 11,400 11,834
At 31st March 2018 784 11,400 12,184
DEPRECIATION
At 1st April 2017 43 - 43
Charge for year 85 475 560
At 31st March 2018 128 475 603
NET BOOK VALUE
At 31st March 2018 656 10,925 11,581
At 31st March 2017 307 - 307

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Directors' loan accounts 2,024 -
Tax - 9,441
CIS Tax 1,836 -
3,860 9,441

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 2,348 -
Tax 3,099 4,640
Directors' loan accounts - 19,223
Accrued expenses 77 492
5,524 24,355

Reid Carpentry Limited (Registered number: 09506971)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2018


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2018 2017
£    £   
Bank loan over 1 year 5,319 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
5 Ordinary "A" Voting £1 5 5
5 Ordinary "B" Non-Voting £1 5 5
10 10

9. RESERVES
Retained
earnings
£   

At 1st April 2017 1,103
Profit for the year 24,485
Dividends (20,000 )
At 31st March 2018 5,588