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REGISTERED NUMBER: 02906048 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

R.S.M. CARPENTRY LIMITED

R.S.M. CARPENTRY LIMITED (REGISTERED NUMBER: 02906048)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R.S.M. CARPENTRY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: Mr S J Williams
Mrs M Williams





SECRETARY: Mrs M Williams





REGISTERED OFFICE: 622 Lower Rainham Road
Rainham
Gillingham
Kent
ME8 7TX





REGISTERED NUMBER: 02906048 (England and Wales)





ACCOUNTANTS: Stephen Hill Partnership Limited
139-141 Watling Street
Gillingham
Kent
ME7 2YY

R.S.M. CARPENTRY LIMITED (REGISTERED NUMBER: 02906048)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 161,601 139,050

CURRENT ASSETS
Stocks 422,532 25,734
Debtors 5 164,159 72,397
Cash at bank and in hand 443,568 561,535
1,030,259 659,666
CREDITORS
Amounts falling due within one year 6 281,876 170,288
NET CURRENT ASSETS 748,383 489,378
TOTAL ASSETS LESS CURRENT
LIABILITIES

909,984

628,428

CREDITORS
Amounts falling due after more than one
year

7

(23,171

)

-

PROVISIONS FOR LIABILITIES (5,544 ) -
NET ASSETS 881,269 628,428

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 881,267 628,426
SHAREHOLDERS' FUNDS 881,269 628,428

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 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.

R.S.M. CARPENTRY LIMITED (REGISTERED NUMBER: 02906048)

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 31 August 2018 and were signed on its behalf by:





Mr S J Williams - Director


R.S.M. CARPENTRY LIMITED (REGISTERED NUMBER: 02906048)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

R.S.M. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - Not provided
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

No depreciation is provided on freehold properties since it is the company's policy to maintain such properties in
a continual state of sound repair and any depreciation would not be material. Provisions would be made should
any permanent diminution in value of these properties occur; such provision being based on the prices prevailing
at the time of the acquisition or subsequent valuation.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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.

R.S.M. CARPENTRY LIMITED (REGISTERED NUMBER: 02906048)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

2. ACCOUNTING POLICIES - continued

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.

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 year was 5 (2017 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2017 124,332 19,391 5,219
Additions - 612 -
At 31 March 2018 124,332 20,003 5,219
DEPRECIATION
At 1 April 2017 - 16,783 5,090
Charge for year - 805 32
Eliminated on disposal - - -
At 31 March 2018 - 17,588 5,122
NET BOOK VALUE
At 31 March 2018 124,332 2,415 97
At 31 March 2017 124,332 2,608 129

R.S.M. CARPENTRY LIMITED (REGISTERED NUMBER: 02906048)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2017 127,358 13,746 290,046
Additions 34,306 169 35,087
Disposals (10,636 ) - (10,636 )
At 31 March 2018 151,028 13,915 314,497
DEPRECIATION
At 1 April 2017 118,428 10,695 150,996
Charge for year 10,787 805 12,429
Eliminated on disposal (10,529 ) - (10,529 )
At 31 March 2018 118,686 11,500 152,896
NET BOOK VALUE
At 31 March 2018 32,342 2,415 161,601
At 31 March 2017 8,930 3,051 139,050

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2017 7,187
Additions 34,306
Transfer to ownership (7,187 )
At 31 March 2018 34,306
DEPRECIATION
At 1 April 2017 4,156
Charge for year 8,576
Transfer to ownership (4,155 )
At 31 March 2018 8,577
NET BOOK VALUE
At 31 March 2018 25,729
At 31 March 2017 3,031

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 21,043 49,106
Other debtors 116,787 11,113
VAT 23,334 11,252
Prepayments 2,995 926
164,159 72,397

R.S.M. CARPENTRY LIMITED (REGISTERED NUMBER: 02906048)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts 3,387 1,330
Trade creditors 83,811 55,531
Credit cards 56 508
Tax 96,424 71,379
Social security and other taxes 92,474 33,879
Directors' current accounts 941 3,251
Accrued expenses 4,783 4,410
281,876 170,288

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Hire purchase contracts 23,171 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 April 2017 628,426
Profit for the year 427,646
Dividends (174,805 )
At 31 March 2018 881,267

10. ULTIMATE CONTROLLING PARTY

The company is not controlled by any one individual shareholder.