REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 July 2017 to 31 March 2018 |
for |
Shropshire Cladding (Shrewsbury) Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 July 2017 to 31 March 2018 |
for |
Shropshire Cladding (Shrewsbury) Limited |
Shropshire Cladding (Shrewsbury) Limited (Registered number: 07282114) |
Contents of the Financial Statements |
for the period 1 July 2017 to 31 March 2018 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Shropshire Cladding (Shrewsbury) Limited |
Company Information |
for the period 1 July 2017 to 31 March 2018 |
DIRECTOR: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Emstrey House |
Shrewsbury Business Park |
Shrewsbury |
Shropshire |
SY2 6LG |
BANKERS: |
Princess House |
33 High Street |
Shrewsbury |
Shropshire |
SY1 1SL |
Shropshire Cladding (Shrewsbury) Limited (Registered number: 07282114) |
Statement of Financial Position |
31 March 2018 |
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Property, plant and equipment | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
Shropshire Cladding (Shrewsbury) Limited (Registered number: 07282114) |
Statement of Financial Position - continued |
31 March 2018 |
The director acknowledges his 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. |
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 |
Shropshire Cladding (Shrewsbury) Limited (Registered number: 07282114) |
Notes to the Financial Statements |
for the period 1 July 2017 to 31 March 2018 |
1. | STATUTORY INFORMATION |
Shropshire Cladding (Shrewsbury) Limited is a |
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 |
Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding |
discounts, rebates, value added tax and other sales taxes. |
Goodwill |
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 |
Plant and machinery etc | - |
Taxation |
Taxation for the period 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 statement of financial position date. |
Shropshire Cladding (Shrewsbury) Limited (Registered number: 07282114) |
Notes to the Financial Statements - continued |
for the period 1 July 2017 to 31 March 2018 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
at the statement of financial position 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 period 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 |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 July 2017 |
and 31 March 2018 |
AMORTISATION |
At 1 July 2017 |
Charge for period |
At 31 March 2018 |
NET BOOK VALUE |
At 31 March 2018 |
At 30 June 2017 |
Shropshire Cladding (Shrewsbury) Limited (Registered number: 07282114) |
Notes to the Financial Statements - continued |
for the period 1 July 2017 to 31 March 2018 |
5. | PROPERTY, PLANT AND EQUIPMENT |
Plant and | Computer |
machinery | equipment | Totals |
£ | £ | £ |
COST |
At 1 July 2017 |
Additions |
At 31 March 2018 |
DEPRECIATION |
At 1 July 2017 |
Charge for period |
At 31 March 2018 |
NET BOOK VALUE |
At 31 March 2018 |
At 30 June 2017 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2018 | 2017 |
£ | £ |
Bank loans |
9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
Included in creditors falling due within on year is an amount totalling £376 due to the director of the |
company. This amount is repayable on demand. During the year no interest was charged on this |
amount. |
Shropshire Cladding (Shrewsbury) Limited (Registered number: 07282114) |
Notes to the Financial Statements - continued |
for the period 1 July 2017 to 31 March 2018 |
10. | RELATED PARTY DISCLOSURES |
Included in creditors falling due within on year is a total of £4,781 owing to Shropshire Guardian |
Roofs Limited, a company where Paul Riches is a director. |
Included in debtors falling due within one year is a total of £1,265 owing to Paul Riches |
Conservatories and Windows Limited, a company where Paul Riches is a director. |