Company Registration No. 10865114 (England and Wales)
BURNT ORANGE CONSTRUCTION LTD
Unaudited accounts
for the year ended 31 January 2019
BURNT ORANGE CONSTRUCTION LTD
Unaudited accounts
Contents
BURNT ORANGE CONSTRUCTION LTD
Company Information
for the year ended 31 January 2019
Directors
Piers Reed
Arran Gordon
Company Number
10865114 (England and Wales)
Registered Office
BLUEGATE HALL
GREAT BARDFIELD
BRAINTREE
ESSEX
CM7 4PZ
ENGLAND
Accountants
First Call Accounting Ltd
1st Floor Audit House
151 High Street
Billericay
Essex
CM12 9AB
BURNT ORANGE CONSTRUCTION LTD
Statement of financial position
as at 31 January 2019
Tangible assets
214,614
14,073
Cash at bank and in hand
55,475
127,747
Creditors: amounts falling due within one year
(359,515)
(113,205)
Net current assets
19,200
14,542
Total assets less current liabilities
233,814
28,615
Creditors: amounts falling due after more than one year
(109,977)
-
Provisions for liabilities
Deferred tax
(40,777)
(2,674)
Called up share capital
200
1
Profit and loss account
82,860
25,940
Shareholders' funds
83,060
25,941
For the year ending 31 January 2019 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 directors acknowledge their 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 2 August 2019.
Piers Reed
Director
Company Registration No. 10865114
BURNT ORANGE CONSTRUCTION LTD
Notes to the Accounts
for the year ended 31 January 2019
BURNT ORANGE CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 10865114. The registered office is BLUEGATE HALL, GREAT BARDFIELD, BRAINTREE, ESSEX, CM7 4PZ, ENGLAND.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
25% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
BURNT ORANGE CONSTRUCTION LTD
Notes to the Accounts
for the year ended 31 January 2019
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2018
-
17,122
500
17,622
Additions
4,050
264,228
250
268,528
Disposals
-
(13,145)
-
(13,145)
At 31 January 2019
4,050
268,205
750
273,005
At 1 February 2018
-
3,424
125
3,549
Charge for the year
1,013
53,641
188
54,842
At 31 January 2019
1,013
57,065
313
58,391
At 31 January 2019
3,037
211,140
437
214,614
At 31 January 2018
-
13,698
375
14,073
Accrued income and prepayments
6,046
-
6
Creditors: amounts falling due within one year
2019
2018
Obligations under finance leases and hire purchase contracts
33,331
-
Trade creditors
442,876
45,410
Taxes and social security
(162,265)
(29,162)
Loans from directors
45,010
34,207
7
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
109,977
-
8
Average number of employees
During the year the average number of employees was 2 (2018: 1).
