Vinmaur Construction Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05136515 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2019

FOR

VINMAUR CONSTRUCTION LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

V M Hunt

REGISTERED OFFICE:

11 Crabgate Drive

Skellow

Doncaster

South Yorkshire

DN6 8LD

REGISTERED NUMBER:

05136515 (England and Wales)

ACCOUNTANTS:

D & J Randles

Chartered Accountants

203 Askern Road

Bentley

Doncaster

South Yorkshire

DN5 0JR

FIXED ASSETS

Intangible assets

4

6,250

7,500

Tangible assets

5

2,800

3,664

9,050

11,164

CURRENT ASSETS

Stocks

105

105

Debtors

3,900

2,500

Cash at bank

610

66

4,615

2,671

CREDITORS

Amounts falling due within one year

(12,252

)

(12,192

)

NET CURRENT LIABILITIES

(7,637

)

(9,521

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,413

1,643

CREDITORS

Amounts falling due after more than one year

-

(417

)

PROVISIONS FOR LIABILITIES

(522

)

(684

)

NET ASSETS

891

542

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

890

541

SHAREHOLDERS' FUNDS

891

542

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 23 January 2020 and were signed by:

V M Hunt - Director

1.	STATUTORY INFORMATION

Vinmaur Construction 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 invoice sales of goods & services. The company is not registered for VAT.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2018

and 31 May 2019

25,000

AMORTISATION

At 1 June 2018

17,500

Amortisation for year

1,250

At 31 May 2019

18,750

NET BOOK VALUE

At 31 May 2019

6,250

At 31 May 2018

7,500

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2018

and 31 May 2019

11,059

DEPRECIATION

At 1 June 2018

7,395

Charge for year

864

At 31 May 2019

8,259

NET BOOK VALUE

At 31 May 2019

2,800

At 31 May 2018

3,664

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.19

31.5.18

value:

£

£

1

Ordinary

£1

1

1