CRU CONSTRUCTION (SERVICES) LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08634502 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2018

for

CRU CONSTRUCTION (SERVICES) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N A Coultas

Mrs C Coultas

REGISTERED OFFICE:

37-38 Market Street

Ferryhill

Co. Durham

DL17 8JH

REGISTERED NUMBER:

08634502 (England and Wales)

ACCOUNTANTS:

Little & Neal

37-38 Market Street

Ferryhill

Co. Durham

DL17 8JH

FIXED ASSETS

Tangible assets

4

96,001

45,921

CURRENT ASSETS

Debtors

5

273,754

223,604

Cash at bank

15,016

6,042

288,770

229,646

CREDITORS

Amounts falling due within one year

6

331,389

230,769

NET CURRENT LIABILITIES

(42,619

)

(1,123

)

TOTAL ASSETS LESS CURRENT LIABILITIES

53,382

44,798

CREDITORS

Amounts falling due after more than one year

7

-

19,003

NET ASSETS

53,382

25,795

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

53,282

25,695

SHAREHOLDERS' FUNDS

53,382

25,795

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

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 30 October 2019 and were signed on its behalf by:

N A Coultas - Director

1.	STATUTORY INFORMATION

CRU CONSTRUCTION (SERVICES) LTD 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Plant and machinery etc

-

20% on reducing balance

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2017 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2017

224,512

Additions

81,123

At 31 August 2018

305,635

DEPRECIATION

At 1 September 2017

178,591

Charge for year

31,043

At 31 August 2018

209,634

NET BOOK VALUE

At 31 August 2018

96,001

At 31 August 2017

45,921

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 September 2017

and 31 August 2018

157,894

DEPRECIATION

At 1 September 2017

128,875

Charge for year

15,879

At 31 August 2018

144,754

NET BOOK VALUE

At 31 August 2018

13,140

At 31 August 2017

29,019

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Trade debtors

17,000

27,964

Other debtors

256,754

195,640

273,754

223,604

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Finance leases

104,404

92,083

Trade creditors

51,181

14,939

Taxation and social security

102,300

139,747

Other creditors

73,504

(16,000

)

331,389

230,769

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.18

31.8.17

£

£

Finance leases

-

19,003