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REGISTERED NUMBER: 06267423 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Sundridge Building Group Limited

Sundridge Building Group Limited (Registered number: 06267423)






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




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


Sundridge Building Group Limited (Registered number: 06267423)

Abridged Balance Sheet
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 16,128 8,043
Investment property 6 160,000 160,000
176,128 168,043

CURRENT ASSETS
Debtors 363,633 315,370
Cash at bank and in hand 368,268 565,776
731,901 881,146
CREDITORS
Amounts falling due within one year 298,500 505,757
NET CURRENT ASSETS 433,401 375,389
TOTAL ASSETS LESS CURRENT
LIABILITIES

609,529

543,432

CREDITORS
Amounts falling due after more than one
year

(5,331

)

-

PROVISIONS FOR LIABILITIES (2,648 ) (1,131 )
NET ASSETS 601,550 542,301

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 601,450 542,201
SHAREHOLDERS' FUNDS 601,550 542,301

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 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.

Sundridge Building Group Limited (Registered number: 06267423)

Abridged Balance Sheet - continued
31 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 director on 13 November 2018 and were signed by:





Mr D R Dring - Director


Sundridge Building Group Limited (Registered number: 06267423)

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

1. STATUTORY INFORMATION

Sundridge Building Group Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address are as below:

Registered number: 06267423

Registered office: Kings Lodge
London Road
West Kingsdown
Sevenoaks
Kent
TN15 6AR

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.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for the sale of goods in the ordinary
course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that
future economic benefits will flow to the entity and when specific criteria have been met for each of the
company's activities as follows:

Revenue from the sale of goods is recognised at the point at which the goods have been delivered to the
customer.

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 reducing balance
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

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.


Sundridge Building Group Limited (Registered number: 06267423)

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

3. ACCOUNTING POLICIES - continued
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 14 (2017 - 14 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2017 63,280
Additions 13,504
At 31 March 2018 76,784
DEPRECIATION
At 1 April 2017 55,237
Charge for year 5,419
At 31 March 2018 60,656
NET BOOK VALUE
At 31 March 2018 16,128
At 31 March 2017 8,043

Sundridge Building Group Limited (Registered number: 06267423)

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

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
Additions 9,753
At 31 March 2018 9,753
DEPRECIATION
Charge for year 2,438
At 31 March 2018 2,438
NET BOOK VALUE
At 31 March 2018 7,315

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2017
and 31 March 2018 160,000
NET BOOK VALUE
At 31 March 2018 160,000
At 31 March 2017 160,000