Company Registration No. 8124602 (England and Wales)
South Coast Windows Limited
Unaudited accounts
for the year ended 30 June 2018
South Coast Windows Limited
Unaudited accounts
Contents
South Coast Windows Limited
Company Information
for the year ended 30 June 2018
Company Number
8124602 (England and Wales)
Registered Office
Unit 16 Aztec Centre
34 Nuffield Road
Poole
Dorset
BH17 0RT
Accountants
JSVM Limited
Certified Public Accountants
23a Dawkins Road
Poole
Dorset
BH15 4JY
South Coast Windows Limited
Statement of financial position
as at 30 June 2018
Tangible assets
24,995
17,973
Inventories
149,750
28,000
Cash at bank and in hand
832
12,986
Creditors: amounts falling due within one year
(292,473)
(167,270)
Net current liabilities
(14,098)
(5,894)
Total assets less current liabilities
10,897
12,079
Creditors: amounts falling due after more than one year
(6,861)
(8,394)
Called up share capital
100
100
Profit and loss account
3,936
3,585
Shareholders' funds
4,036
3,685
For the year ending 30 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 March 2019.
Keith Middleton
Director
Company Registration No. 8124602
South Coast Windows Limited
Notes to the Accounts
for the year ended 30 June 2018
South Coast Windows Limited is a private company, limited by shares, registered in England and Wales, registration number 8124602. The registered office is Unit 16 Aztec Centre, 34 Nuffield Road, Poole, Dorset, BH17 0RT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents the VAT-exclusive value of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Small tools are written-off as purchased with a residual holding balance
Motor vehicles
25% annual reducing balance
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
South Coast Windows Limited
Notes to the Accounts
for the year ended 30 June 2018
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2017
2,600
18,139
4,258
4,292
29,289
Additions
400
5,990
5,113
3,259
14,762
At 30 June 2018
3,000
24,129
9,371
7,551
44,051
At 1 July 2017
-
7,542
1,623
2,151
11,316
Charge for the year
-
3,897
1,960
1,883
7,740
At 30 June 2018
-
11,439
3,583
4,034
19,056
At 30 June 2018
3,000
12,690
5,788
3,517
24,995
At 30 June 2017
2,600
10,597
2,635
2,141
17,973
Raw materials
23,850
28,000
Work in progress
125,900
-
Trade debtors
73,442
102,084
Accrued income and prepayments
-
15,700
Other debtors
54,351
2,606
7
Creditors: amounts falling due within one year
2018
2017
Obligations under finance leases and hire purchase contracts
5,438
5,426
Trade creditors
258,447
102,507
Taxes and social security
9,172
24,133
Other creditors
4,500
4,500
Loans from directors
13,526
23,238
8
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
6,861
8,394
South Coast Windows Limited
Notes to the Accounts
for the year ended 30 June 2018
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 6 (2017: 5).
