REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 3 April 2017 to 30 June 2018 |
for |
PPE Construction Group Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 3 April 2017 to 30 June 2018 |
for |
PPE Construction Group Limited |
PPE Construction Group Limited (Registered number: 10703937) |
Contents of the Financial Statements |
for the Period 3 April 2017 to 30 June 2018 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
PPE Construction Group Limited |
Company Information |
for the Period 3 April 2017 to 30 June 2018 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Hazlemere |
70 Chorley New Road |
Bolton |
Lancashire |
BL1 4BY |
PPE Construction Group Limited (Registered number: 10703937) |
Statement of Financial Position |
30 June 2018 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
PPE Construction Group Limited (Registered number: 10703937) |
Statement of Financial Position - continued |
30 June 2018 |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors on behalf by: |
PPE Construction Group Limited (Registered number: 10703937) |
Notes to the Financial Statements |
for the Period 3 April 2017 to 30 June 2018 |
1. | STATUTORY INFORMATION |
PPE Construction Group Limited is a |
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 |
Turnover represents the total invoice value, excluding Value Added Tax, of sales made and work done |
during the year, except in respect of contracting activities where turnover represents the value of work |
carried out during the period, including amounts not invoiced. |
Contracting activities and revenue recognition |
Amounts recoverable on contracting activities, which are included in debtors, are stated at the net |
sales value of the work done after provisions for contingencies and anticipated future losses on |
contracts, less amounts received as progress payments on account. |
Turnover is ascertained by a contract valuation undertaken by the customer and is recorded as the |
contract activity progresses. All costs incurred are recorded as cost of sales and matched with the |
turnover, resulting in the reporting of attributable profit proportionate to the contract activity. |
Remedials |
Costs associated with remedial work, to the extent not recoverable from customers by way of specific |
charge, are written off during the year in which they occur. |
No provision is made for expenditure on future remedial work unless the work is probable and the cost |
can be estimated within a reasonable range of possible outcomes. |
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 |
Motor vehicles | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss |
Account, 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. |
PPE Construction Group Limited (Registered number: 10703937) |
Notes to the Financial Statements - continued |
for the Period 3 April 2017 to 30 June 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. |
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 |
Additions |
At 30 June 2018 |
AMORTISATION |
Amortisation for period |
At 30 June 2018 |
NET BOOK VALUE |
At 30 June 2018 |
5. | TANGIBLE FIXED ASSETS |
Motor |
vehicles |
£ |
COST |
Additions |
At 30 June 2018 |
DEPRECIATION |
Charge for period |
At 30 June 2018 |
NET BOOK VALUE |
At 30 June 2018 |
PPE Construction Group Limited (Registered number: 10703937) |
Notes to the Financial Statements - continued |
for the Period 3 April 2017 to 30 June 2018 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Amounts recoverable on |
contracts |
Other debtors |
Amounts owed by connected |
companies | 4,153 |
VAT |
Prepayments |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Tax |
Social security and other taxes |
Other creditors |
Amounts owed to connected |
companies | 15,580 |
Accrued expenses |
8. | PROVISIONS FOR LIABILITIES |
£ |
Deferred tax |
Accelerated capital allowances | 41 |
Deferred |
tax |
£ |
Provided during period |
Balance at 30 June 2018 |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 100 |