Accounts filed on 31-03-2019


ACCOUNTS
FOR THE YEAR ENDED 31/03/2019





DIRECTORS
V Brown


REGISTERED OFFICE
Unit 8a, Crypton Technology Business Park
Bristol Road
Bridgwater
Somerset
TA6 4SY


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08946997



ACCOUNTANTS
Cate Moore Ltd
The Office
The Old Railway Cutting
Thornfalcon
Taunton
TA3 5NW


ACCOUNTS
FOR THEYEARENDED31/03/2019



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2019

			2019		2018
	Notes		£		£

FIXED ASSETS
Intangible assets	2		-		40,000
Tangible assets	3		22,828		27,112

			22,828		67,112

CURRENT ASSETS
Stock		13,750		15,000
Debtors	5	365,409		275,553
Cash at bank and in hand		12,710		47,813
		391,869		338,366
CREDITORS: Amounts falling due within one year	6	213,916		211,096
NET CURRENT ASSETS			177,953		127,270
TOTAL ASSETS LESS CURRENT LIABILITIES			200,781		194,382


CREDITORS: Amounts falling due after more than one year	7		170,000		150,000


PROVISIONS FOR LIABILITIES AND CHARGES	9		1,620		1,604

NET ASSETS			29,161		42,778

CAPITAL AND RESERVES

Called up share capital	10		100		100
Profit and loss account			29,061		42,678
SHAREHOLDERS' FUNDS			29,161		42,778

For the year ending 31/03/2019 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23/12/2019 and signed on their behalf by



.............................
V Brown
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Tangible assets are stated at cost, less accumulated depreciation and accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Short Leasehold Properties		reducing balance15%
Plant And Machinery		reducing balance20%
Commercial Vehicles		reducing balance25%
Equipment		straight line33%




1c. Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




1e. Goodwill
Goodwill arising in connection with the acquisition of an entity represents the excess of the cost of the acquisition over the company's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Goodwill is amortised over its useful life reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




1f. Basis Of Accounting Frs 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
These financial statements are presented in pounds sterling to the nearest pound.




3. TANGIBLE FIXED ASSETS

	Short Leasehold	Plant and	Commercial
	Properties	Machinery	Vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 01/04/2018	15,786	4,249	11,500	3,642	35,177
Additions	672	142	-	1,488	2,302
Disposals	-	-	(2,500)	-	(2,500)
At 31/03/2019	16,458	4,391	9,000	5,130	34,979
Depreciation
At 01/04/2018	1,054	1,671	2,875	2,465	8,065
Disposals	-	-	(625)	-	(625)
For the year	1,098	544	1,688	1,381	4,711
At 31/03/2019	2,152	2,215	3,938	3,846	12,151
Net Book Amounts
At 31/03/2019	14,306	2,176	5,062	1,284	22,828
At 31/03/2018	14,732	2,578	8,625	1,177	27,112
Tangible assets are stated at cost, less accumulated depreciation and accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.




5. DEBTORS	2019	2018
	£	£
Amounts falling due within one year
Trade debtors	217,856	156,703
Trade debtors	145,829	116,906
Prepayments	1,724	1,944
	365,409	275,553




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2019	2018
	£	£
UK corporation tax	10,162	7,731
Other tax	1,200	1,200
VAT	3,327	2,716
PAYE control	6,301	5,084
Directors current account	4,896	24,005
Trade creditors	173,627	156,933
Pension schemes	670	266
Accruals	13,733	13,161
	213,916	211,096




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2019	2018
	£	£
Other creditors > 1yr	170,000	150,000
	170,000	150,000




10. SHARE CAPITAL	2019	2018
	£	£
Allotted, issued and fully paid:
70 Ordinary A shares of £1.00 each	70	70
30 Class B shares of £1.00 each	30	30
	100	100




11. OTHER FINANCIAL COMMITMENTS
At 31/03/2019 the company was committed to making the following payments under non-cancellable operating leases:

	2019	2018
	£	£
Operating Leases which expire:
After 5 years	97,500	104,000




12. RELATED PARTY TRANSACTIONS
Included within other creditors are advances of £174,896 (2018:£174,004) from the director. Interest of £6,000 was accrued on these advances.
Dividends of £47,966 were paid to the director and £4,000 were paid to Mrs L Brown during the period.
Vehicle Hire costs of £4,500 were paid to the director during the year.