REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2018 |
FOR |
MATTHEWS & LEIGH CIVIL ENGINEERING LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2018 |
FOR |
MATTHEWS & LEIGH CIVIL ENGINEERING LTD |
MATTHEWS & LEIGH CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03690805) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2018 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
MATTHEWS & LEIGH CIVIL ENGINEERING LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST MARCH 2018 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
67 Chorley Old Road |
Bolton |
BL1 3AJ |
BANKERS: |
46 Market Street |
Chorley |
PR7 2RZ |
MATTHEWS & LEIGH CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03690805) |
ABRIDGED BALANCE SHEET |
31ST MARCH 2018 |
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
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. |
MATTHEWS & LEIGH CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03690805) |
ABRIDGED BALANCE SHEET - continued |
31ST MARCH 2018 |
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 by: |
MATTHEWS & LEIGH CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03690805) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2018 |
1. | STATUTORY INFORMATION |
Matthews & Leigh Civil Engineering Ltd 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 |
Revenue - described as turnover - represents increases in valuations on contracts and goods and services |
provided, excluding value added tax. Turnover is measured by reference to year end contract valuations. |
Depreciation |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
Stocks comprise of work in progress and goods held for future use on projects. |
Goods held for future use on projects are valued at the lower of cost, being purchase price, and net realisable |
value, after making due allowance for obsolete and slow moving items. |
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. |
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. |
MATTHEWS & LEIGH CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03690805) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST MARCH 2018 |
2. | ACCOUNTING POLICIES - continued |
Tangible fixed assets |
Tangible fixed assets are stated on the historical cost basis at cost, being purchase price, less accumulated |
depreciation. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1st April 2017 |
Additions |
Disposals | ( |
) |
At 31st March 2018 |
DEPRECIATION |
At 1st April 2017 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31st March 2018 |
NET BOOK VALUE |
At 31st March 2018 |
At 31st March 2017 |
5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade debtors |
6. | SECURED DEBTS |
The following secured debts are included within creditors: |
2018 | 2017 |
£ | £ |
Bank loans |
The bank loan is secured by a debenture held by the National Westminster Bank Plc. |
MATTHEWS & LEIGH CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03690805) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST MARCH 2018 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2018 | 2017 |
value: | £ | £ |
Ordinary | £1 | 3,000 | 3,000 |
Deferred B | £1 | 1 | 1 |
Deferred C | £1 | 1 | 1 |
3,002 | 3,002 |
8. | ULTIMATE CONTROLLING PARTY |
The company was controlled throughout the current and previous period by the directors Mr A Leigh and Mr I |
Leigh by virtue of the fact that between them they have a beneficial interest in the whole of the issued ordinary |
share capital. |