Facade Installations Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03595706 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2019

FOR

FACADE INSTALLATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr D W Hicks

REGISTERED OFFICE:

27 Rosewood Way

Farnham Common

Bucks

SL2 3QD

REGISTERED NUMBER:

03595706 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

4

50,198

57,867

CURRENT ASSETS

Debtors

5

-

47,593

Cash at bank

57,424

28,505

57,424

76,098

CREDITORS

Amounts falling due within one year

6

31,211

43,532

NET CURRENT ASSETS

26,213

32,566

TOTAL ASSETS LESS CURRENT LIABILITIES

76,411

90,433

CREDITORS

Amounts falling due after more than one year

7

18,012

3,347

NET ASSETS

58,399

87,086

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

8

58,397

87,084

SHAREHOLDERS' FUNDS

58,399

87,086

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 Income Statement has not been delivered.

The financial statements were approved by the director on 13th February 2020 and were signed by:

Mr D W Hicks - Director

1.	STATUTORY INFORMATION

Facade Installations 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 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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2018 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st August 2018

9,542

6,057

162,768

9,175

187,542

Additions

-

-

44,482

-

44,482

Disposals

-

-

(124,177

)

-

(124,177

)

At 31st July 2019

9,542

6,057

83,073

9,175

107,847

DEPRECIATION

At 1st August 2018

9,542

5,005

105,953

9,175

129,675

Charge for year

-

157

16,437

-

16,594

Eliminated on disposal

-

-

(88,620

)

-

(88,620

)

At 31st July 2019

9,542

5,162

33,770

9,175

57,649

NET BOOK VALUE

At 31st July 2019

-

895

49,303

-

50,198

At 31st July 2018

-

1,052

56,815

-

57,867

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Trade debtors

-

47,593

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Hire purchase contracts

5,169

4,017

Tax

1,194

6,916

Social security and other taxes

4,057

6,625

Pension control

2,472

1,737

VAT

16,319

22,838

Accruals and deferred income

2,000

1,399

31,211

43,532

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.19

31.7.18

£

£

Hire purchase contracts

18,012

3,347

8.

RESERVES

Retained

earnings

£

At 1st August 2018

87,084

Profit for the year

10,583

Dividends

(39,270

)

At 31st July 2019

58,397

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D W Hicks.