Dewgard Heating & Plumbing Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08015992 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

DEWGARD HEATING & PLUMBING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

I B Crook

REGISTERED OFFICE:

164 High Street

Egham

Surrey

TW20 9HP

REGISTERED NUMBER:

08015992 (England and Wales)

ACCOUNTANTS:

Vernon Gosling Friday Limited

10 Beech Court

Wokingham Road

Hurst

Berkshire

RG10 0RQ

FIXED ASSETS

Tangible assets

4

614

552

CURRENT ASSETS

Stocks

12,000

9,750

Debtors

5

3,801

3,027

Cash at bank

1,754

1,929

17,555

14,706

CREDITORS

Amounts falling due within one year

6

69,805

75,035

NET CURRENT LIABILITIES

(52,250

)

(60,329

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(51,636

)

(59,777

)

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

(51,646

)

(59,787

)

SHAREHOLDERS' FUNDS

(51,636

)

(59,777

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 20 December 2019 and were signed by:

I B Crook - Director

1.	STATUTORY INFORMATION

Dewgard Heating & Plumbing 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.

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 represents net invoiced sales of goods and services, excluding value added tax. Revenue is recognised

when the work is complete, and the company has a right to the income.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

Going concern

The directors have considered the financial viability of the company for a period of 12 months from the date of

signing the accounts. They are of the view that demand has risen to a level which is likely to make the company

profitable in the foreseeable future, and for that reason, consider it appropriate to prepare these accounts on the

going concern basis.

The directors will continue to provide financial support for the next 12 months, should the company require it.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

25,523

Additions

289

At 31 March 2019

25,812

DEPRECIATION

At 1 April 2018

24,971

Charge for year

227

At 31 March 2019

25,198

NET BOOK VALUE

At 31 March 2019

614

At 31 March 2018

552

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

3,576

656

Other debtors

225

2,371

3,801

3,027

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

3,400

2,313

Other creditors

66,405

72,722

69,805

75,035