Lightweight Drywall Limited,Ltd - AccountsLtd - Accounts

Lightweight Drywall Limited,Ltd - AccountsLtd - Accounts

LIGHTWEIGHT DRYWALL LTD - Company Information

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2018-07-01 00981576 2019-06-30 00981576 2018-07-01 2019-06-30 00981576 2018-06-30 00981576 2017-07-01 2018-06-30 00981576 uk-core:WithinOneYear 2018-06-30 00981576 uk-core:WithinOneYear 2019-06-30 00981576 uk-core:ShareCapital 2019-06-30 00981576 uk-core:ShareCapital 2018-06-30 00981576 uk-core:RetainedEarningsAccumulatedLosses 2019-06-30 00981576 uk-core:RetainedEarningsAccumulatedLosses 2018-06-30 00981576 uk-bus:Director1 2018-07-01 2019-06-30 00981576 uk-core:FurnitureFittings 2018-06-30 00981576 uk-core:PlantMachinery 2018-06-30 00981576 uk-core:FurnitureFittings 2018-07-01 2019-06-30 00981576 uk-core:PlantMachinery 2018-07-01 2019-06-30 00981576 uk-core:PlantMachinery 2019-06-30 00981576 uk-core:FurnitureFittings 2019-06-30 iso4217:GBP 00981576 uk-bus:AuditExemptWithAccountantsReport 2018-07-01 2019-06-30 00981576 uk-bus:FRS102 2018-07-01 2019-06-30 00981576 uk-bus:FullAccounts 2018-07-01 2019-06-30 00981576 uk-bus:PrivateLimitedCompanyLtd 2018-07-01 2019-06-30
Lightweight Drywall Limited
Registered Number:00981576
For the year ended 30 June 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2019
Lightweight Drywall Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 June 2019
Lightweight Drywall Limited
Statement of Financial Position
Registered Number :
00981576
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
15,909
4,685
2
15,909
4,685
Current assets
Trade and other receivables
234,297
105,649
3
379,986
Cash and cash equivalents
834,675
940,324
614,283
Trade and other payables: amounts falling due within one
year
(159,085)
(369,186)
4
455,198
571,138
Net current assets
Total assets less current liabilities
587,047
459,883
587,047
Net assets
459,883
Capital and reserves
Called up share capital
100
100
Retained earnings
586,947
459,783
587,047
459,883
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Paul E Burgess Director
These financial statements were approved and authorised for issue by the Board on 12 November 2019 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2019
Lightweight Drywall Limited
Notes to the Financial Statements
Statutory Information
Lightweight Drywall Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 00981576.
Registered address:
35 - 37 Groton Road
Earlsfield
London
SW18 4ER
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Furniture and
Fittings
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 July 2018
19,740
-
19,740
21,212
2,869
18,343
Additions
-
(19,740)
Disposals
(19,740)
At 30 June 2019
18,343
2,869
21,212
Provision for depreciation and impairment
At 01 July 2018
15,055
-
15,055
Charge for year
5,303
717
4,586
(15,055)
-
(15,055)
On disposal
At 30 June 2019
5,303
717
4,586
At 30 June 2019
Net book value
13,757
2,152
15,909
At 30 June 2018
4,685
-
4,685
3. Trade and other receivables
2018
2019
£
£
Trade debtors
71,095
220,942
Other debtors
34,554
13,355
234,297
105,649
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5
For the year ended 30 June 2019
Lightweight Drywall Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Trade creditors
191,137
75,286
Taxation and social security
148,407
73,799
Other creditors
29,642
10,000
369,186
159,085
5. Related party transactions
The company rents it's accommodation from the Trustees of the Lightweight Plastering Retirement and Death
Benefit Scheme at an annual rental cost of £28,140. (2018 : £28,140).
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