Company Registration No. 04744455 (England and Wales)
SLM Building & Decorating Contractors Limited
Unaudited accounts
for the year ended 31 May 2019
SLM Building & Decorating Contractors Limited
Unaudited accounts
Contents
SLM Building & Decorating Contractors Limited
Company Information
for the year ended 31 May 2019
Directors
Luke James Crawley
Mark Peter McDermott
Secretary
Roger James Ambrose
Company Number
04744455 (England and Wales)
Registered Office
264 Grand Drive
Merton
London
SW20 9NE
Accountants
Ambrose Associates Taxation Services Limited
Thames Innovation Centre
2 Veridon Way
Erith
Kent
DA18 4AL
SLM Building & Decorating Contractors Limited
Statement of financial position
as at 31 May 2019
Tangible assets
3,063
4,082
Cash at bank and in hand
423,317
328,204
Creditors: amounts falling due within one year
(139,650)
(149,945)
Net current assets
361,919
273,463
Net assets
364,982
277,545
Called up share capital
30
30
Profit and loss account
364,952
277,515
Shareholders' funds
364,982
277,545
For the year ending 31 May 2019 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 27 February 2020.
Luke James Crawley
Director
Company Registration No. 04744455
SLM Building & Decorating Contractors Limited
Notes to the Accounts
for the year ended 31 May 2019
SLM Building & Decorating Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 04744455. The registered office is 264 Grand Drive, Merton, London, SW20 9NE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
SLM Building & Decorating Contractors Limited
Notes to the Accounts
for the year ended 31 May 2019
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2018
15,126
11,844
26,970
At 31 May 2019
15,126
11,844
26,970
At 1 June 2018
11,241
11,647
22,888
Charge for the year
971
48
1,019
At 31 May 2019
12,212
11,695
23,907
At 31 May 2019
2,914
149
3,063
At 31 May 2018
3,885
197
4,082
Work in progress
4,375
4,375
Trade debtors
53,730
71,905
Other debtors
20,147
18,924
7
Creditors: amounts falling due within one year
2019
2018
Trade creditors
60,219
76,054
Taxes and social security
72,853
68,841
Other creditors
6,578
5,050
8
Average number of employees
During the year the average number of employees was 4 (2018: 4).
