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YORKSHIRE DEMOLITION CONTRACTORS LIMITED - Company Information

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Yorkshire Demolition Contractors Limited

Registered Number:00907599

For the year ended 31 July 2019

England and Wales

Report of the Directors and Financial Statements

For the year ended 31 July 2019

Yorkshire Demolition Contractors Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 July 2019

Yorkshire Demolition Contractors Limited

Statement of Financial Position

Registered Number :

00907599

2018

2019

Notes

Fixed assets

Property, plant and equipment

4,597

28,705

4,597

28,705

Current assets

Trade and other receivables

4,030

2,048

43,317

Cash and cash equivalents

37,558

39,606

47,347

Trade and other payables: amounts falling due within one

year

(57,597)

(31,552)

(10,250)

8,054

Net current assets

Total assets less current liabilities

12,651

18,455

12,651

Net assets

18,455

Capital and reserves

Called up share capital

750

Retained earnings

11,901

17,705

12,651

18,455

Shareholders' funds

For the year ended 31 July 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 of its financial statements for the year ended 31 July 2019 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

S J Field Director

These financial statements were approved and authorised for issue by the Board on 22 June 2020 and were signed by:

The notes form part of these financial statements

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For the year ended 31 July 2019

Yorkshire Demolition Contractors Limited

Notes to the Financial Statements

Statutory Information

Yorkshire Demolition Contractors Limited is a private limited company, limited by shares, domiciled in England and

Wales, registration number 00907599.

Registered address:

Green Lane

Cutsyke

Castleford

West Yorkshire

WF10 5JL

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

20 Reducing balance

33 Reducing balance

Computer equipment

25 Reducing balance

Motor vehicles

20 Reducing balance

Fixtures and fittings

No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected

useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation

would be immaterial. The directors undertake an annual impairment review of these properties.

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

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For the year ended 31 July 2019

Yorkshire Demolition Contractors Limited

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Computer

equipment

Fixtures and

fittings

Motor vehicles

Plant and

machinery

Cost or

valuation

At 01 August 2018

106,506

386

10,814

44,721

50,585

(39,021)

Disposals

(39,021)

At 31 July 2019

5,700

10,814

386

67,485

50,585

Provision for depreciation and impairment

At 01 August 2018

77,801

227

10,737

16,892

49,945

Charge for year

3,269

3,038

160

(18,182)

On disposal

At 31 July 2019

62,888

279

10,756

1,748

50,105

At 31 July 2019

Net book value

480

3,952

107

4,597

At 31 July 2018

640

27,829

159

28,705

3. Trade and other receivables

2018

2019

Other debtors

2,048

4,030

The debtors above include the following amounts falling due after more than one year:

Other debtors

4. Trade and other payables: amounts falling due within one year

2018

2019

Trade creditors

711

3,455

Taxation and social security

1,875

Other creditors

28,966

52,267

31,552

57,597

5. Average number of persons employed

During the year the average number of employees was 2 (2018 : 2)

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