HRS Construction Services (Kent) Ltd - Accounts to registrar (filleted) - small 18.2
HRS Construction Services (Kent) Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 August 2018 |
| for |
| HRS Construction Services (Kent) Ltd |
| HRS Construction Services (Kent) Ltd (Registered number: 08658449) |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| HRS Construction Services (Kent) Ltd |
| Company Information |
| for the Year Ended 31 August 2018 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Tax Advisers |
| 24 Station Road |
| Rainham |
| Gillingham |
| Kent |
| ME8 7PH |
| HRS Construction Services (Kent) Ltd (Registered number: 08658449) |
| Balance Sheet |
| 31 August 2018 |
| 31.8.18 | 31.8.17 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| HRS Construction Services (Kent) Ltd (Registered number: 08658449) |
| Notes to the Financial Statements |
| for the Year Ended 31 August 2018 |
| 1. | STATUTORY INFORMATION |
| HRS Construction Services (Kent) Ltd is a |
| 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates |
| and value added tax. |
| Tangible fixed assets |
| Motor vehicles | - |
| Computer equipment | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 September 2017 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31 August 2018 |
| DEPRECIATION |
| At 1 September 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31 August 2018 |
| NET BOOK VALUE |
| At 31 August 2018 |
| At 31 August 2017 |
| HRS Construction Services (Kent) Ltd (Registered number: 08658449) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2018 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| machinery |
| £ |
| COST |
| At 1 September 2017 |
| Disposals | ( |
) |
| At 31 August 2018 |
| DEPRECIATION |
| At 1 September 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 August 2018 |
| NET BOOK VALUE |
| At 31 August 2018 | ( |
) |
| At 31 August 2017 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| Additions |
| At 31 August 2018 |
| NET BOOK VALUE |
| At 31 August 2018 |
| During the year the company purchased the entire share capital of Romney Marsh Hire Ltd at open market |
| value. |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.18 | 31.8.17 |
| £ | £ |
| Trade debtors |
| Amounts owed by associates |
| Other debtors |
| Partnership net current assets | - | 3,348 |
| Directors' current accounts | - | 241,049 |
| Prepayments and accrued income |
| Prepayments |
| HRS Construction Services (Kent) Ltd (Registered number: 08658449) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2018 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.18 | 31.8.17 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT | 2,983 | 18,423 |
| Directors' current accounts | 20 | - |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.8.18 | 31.8.17 |
| £ | £ |
| Hire purchase contracts |
| 9. | RELATED PARTY DISCLOSURES |
| Rock Place LLP |
| HRS Construction Services (Kent) Limited became a member of the Rock Place LLP in the financial year to 31 |
| August 2015 |
| 10. | PARTNERSHIP NET CURRENT ASSETS |
| 31/08/2018 | 31/08/2017 |
| Stocks | Nil | 3,262 |
| Debtors | Nil | 49 |
| Bank | Nil | 45 |
| Less Creditors | Nil | (8 | ) |
| Net Current Assets | Nil | 3,348 |
| 11. | STOCKS |
| The company's stocks are comprised of two separate items. |
| Land purchased for a cost of £400,000 in the last accounting period as well as the costs associated with the |
| potential development of this land. |
| A capital commitment of £50,000 deposit to purchase a different property. The company may withdraw from this |
| arrangement if it so desires at which point the deposit would be refundable. |