Emtec Building Services North Limited - Accounts to registrar (filleted) - small 18.2
Emtec Building Services North Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Financial Statements for the Year Ended 31 May 2019 |
for |
EMTEC BUILDING SERVICES NORTH LIMITED |
EMTEC BUILDING SERVICES NORTH LIMITED (REGISTERED NUMBER: SC522691) |
Contents of the Financial Statements |
for the Year Ended 31 May 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
EMTEC BUILDING SERVICES NORTH LIMITED |
Company Information |
for the Year Ended 31 May 2019 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditors |
29 Brandon Street |
Hamilton |
ML3 6DA |
EMTEC BUILDING SERVICES NORTH LIMITED (REGISTERED NUMBER: SC522691) |
Balance Sheet |
31 May 2019 |
2019 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on by: |
EMTEC BUILDING SERVICES NORTH LIMITED (REGISTERED NUMBER: SC522691) |
Notes to the Financial Statements |
for the Year Ended 31 May 2019 |
1. | STATUTORY INFORMATION |
Emtec Building Services North Limited is a |
company's registered number and registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover and revenue recognition |
Turnover is derived from the various activities of the company operating as a contractor. |
Turnover therefore represents the fair value of work done and service supplied, net of discounts and excluding |
value added tax, and is recognised at the point that the company obtains the right to consideration. |
Tangible fixed assets |
Plant and machinery etc | - |
At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to determine |
whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the |
recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Where it is |
not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of |
the cash-generating unit to which the asset belongs. |
Expenditure of £5,000 or more on individual tangible fixed assets is capitalised at cost. Expenditure on assets |
below this threshold is charged directly to the income statement in the period it is incurred. |
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. |
EMTEC BUILDING SERVICES NORTH LIMITED (REGISTERED NUMBER: SC522691) |
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2019 |
3. | ACCOUNTING POLICIES - continued |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
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. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 June 2018 |
and 31 May 2019 |
DEPRECIATION |
At 1 June 2018 |
Charge for year |
At 31 May 2019 |
NET BOOK VALUE |
At 31 May 2019 |
At 31 May 2018 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Amounts recoverable on contracts |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
EMTEC BUILDING SERVICES NORTH LIMITED (REGISTERED NUMBER: SC522691) |
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2019 |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the years ended 31 May 2019 and |
31 May 2018: |
2019 | 2018 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
The above advances were repaid shortly after the year end. |
10. | RELATED PARTY DISCLOSURES |
The company has an intercompany loan balance with Emtec Group Ltd and its subsidiary undertakings. This |
loan is unsecured, interest free and has no fixed repayment terms. At the year end the company was owed |
£68,403 (2018 - £233,994 creditor) by Emtec Group Ltd and its subsidiary undertakings. |
11. | CONTROLLING PARTY |
The controlling party is Emtec Group Ltd. |