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REGISTERED NUMBER: 08543610 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2018

FOR

PWAY ENGINEERING RESOURCES LIMITED

PWAY ENGINEERING RESOURCES LIMITED (REGISTERED NUMBER: 08543610)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PWAY ENGINEERING RESOURCES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2018







Director: Mr L Rafferty





Registered office: 40 Newborough Grove
Hall Green
Birmingham
West Midlands
B28 0UX





Registered number: 08543610 (England and Wales)





Accountants: NR Barton
19-21 Bridgeman Terrace
Wigan
Lancashire
WN1 1TD

PWAY ENGINEERING RESOURCES LIMITED (REGISTERED NUMBER: 08543610)

BALANCE SHEET
31 MAY 2018

31.5.18 31.5.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,678 1,831

CURRENT ASSETS
Cash at bank 15,165 34,026

CREDITORS
Amounts falling due within one year 5 14,438 22,133
NET CURRENT ASSETS 727 11,893
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,405

13,724

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 2,305 13,624
SHAREHOLDERS' FUNDS 2,405 13,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 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 L Rafferty - Director


PWAY ENGINEERING RESOURCES LIMITED (REGISTERED NUMBER: 08543610)

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

1. STATUTORY INFORMATION

Pway Engineering Resources 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

PWAY ENGINEERING RESOURCES LIMITED (REGISTERED NUMBER: 08543610)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 June 2017 1,920 1,592 3,512
Additions 267 - 267
At 31 May 2018 2,187 1,592 3,779
DEPRECIATION
At 1 June 2017 1,134 547 1,681
Charge for year 211 209 420
At 31 May 2018 1,345 756 2,101
NET BOOK VALUE
At 31 May 2018 842 836 1,678
At 31 May 2017 786 1,045 1,831

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.18 31.5.17
£    £   
Taxation and social security 14,436 19,367
Other creditors 2 2,766
14,438 22,133

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.18 31.5.17
value: £    £   
100 ordinary £1 100 100