Skyline Roofing (Kingston) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01515511 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2019

for

Skyline Roofing (Kingston) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N J Russell

J M Russell

REGISTERED OFFICE:

Unit 73 Waterside Trading Centre

Trumpers Way

Hanwell

London

W7 2QA

REGISTERED NUMBER:

01515511 (England and Wales)

ACCOUNTANTS:

Bristow Burrell

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

FIXED ASSETS

Tangible assets

5

35,457

29,659

CURRENT ASSETS

Debtors

6

249,823

227,398

Investments

7

1

1

Cash at bank and in hand

269,570

229,278

519,394

456,677

CREDITORS

Amounts falling due within one year

8

213,533

185,797

NET CURRENT ASSETS

305,861

270,880

TOTAL ASSETS LESS CURRENT LIABILITIES

341,318

300,539

PROVISIONS FOR LIABILITIES

10

6,737

6,007

NET ASSETS

334,581

294,532

CAPITAL AND RESERVES

Called up share capital

11

1,036

1,036

Capital redemption reserve

750

750

Retained earnings

332,795

292,746

SHAREHOLDERS' FUNDS

334,581

294,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

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 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 28 November 2019 and were signed on its behalf by:

N J Russell - Director

1.	STATUTORY INFORMATION

Skyline Roofing (Kingston) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable

to the company's pension scheme are charged to profit or loss in the period to

which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2018 - 14 ) .

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 July 2018

82,306

8,508

90,814

Additions

11,635

1,757

13,392

At 30 June 2019

93,941

10,265

104,206

DEPRECIATION

At 1 July 2018

55,668

5,487

61,155

Charge for year

6,902

692

7,594

At 30 June 2019

62,570

6,179

68,749

NET BOOK VALUE

At 30 June 2019

31,371

4,086

35,457

At 30 June 2018

26,638

3,021

29,659

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

237,464

216,153

Other debtors

12,359

11,245

249,823

227,398

7.	CURRENT ASSET INVESTMENTS

2019

2018

£

£

Unlisted investments

1

1

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

81,786

67,859

Taxation and social security

42,096

45,738

Other creditors

89,651

72,200

213,533

185,797

9.	SECURED DEBTS

There is a fixed charge over book debts and a floating charge over the remaining

assets of the company, dated June 2000.

10.	PROVISIONS FOR LIABILITIES

2019

2018

£

£

Deferred tax

6,737

6,007

Deferred

tax

£

Balance at 1 July 2018

6,007

Provided during year

730

Balance at 30 June 2019

6,737

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

250

Ordinary Shares

£1

250

250

786

Ordinary "B" Non Voting

£1

786

786

1,036

1,036

12.	ULTIMATE CONTROLLING PARTY

It is the view of the directors that there is no sole ultimate controlling party.

Control is shared between JM Russell and NJ Russell by virtue of their equal

shareholding.