Tectonics Contracting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06075969 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2020

FOR

TECTONICS CONTRACTING LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A C Glynn

SECRETARY:

D O Scott FCA

REGISTERED OFFICE:

Ground Floor

1 - 2 Craven Road

Ealing

London

W5 2UA

REGISTERED NUMBER:

06075969 (England and Wales)

ACCOUNTANTS:

Johnsons, Chartered Accountants

Ground Floor

1 - 2 Craven Road

Ealing

London

W5 2UA

CURRENT ASSETS

Debtors

349,733

460,612

Cash at bank

2,857

7,045

352,590

467,657

CREDITORS

Amounts falling due within one year

246,222

339,374

NET CURRENT ASSETS

106,368

128,283

TOTAL ASSETS LESS CURRENT LIABILITIES

106,368

128,283

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

106,367

128,282

SHAREHOLDERS' FUNDS

106,368

128,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 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 January 2020 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 and authorised for issue on 21 September 2020 and were signed by:

A C Glynn - Director

1.	STATUTORY INFORMATION

Tectonics Contracting 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

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful

economic life of that asset as follows:

Motor Vehicles - 25% Straight Line

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2019

and 31 January 2020

42,213

DEPRECIATION

At 1 February 2019

and 31 January 2020

42,213

NET BOOK VALUE

At 31 January 2020

-

At 31 January 2019

-

5.	RELATED PARTY DISCLOSURES

The company was under the control of Mr A C Glynn throughout the current and previous year. Mr Glynn is the

managing director and majority shareholder.

The company provided goods and services having a value of £946,852 (2019 - £1,872,804) to Tectonics

Business Design and Management Ltd. during the year, of which £349,733 (2019 - £460,612) remained

outstanding at the balance sheet date. Mr A C Glynn is a director and shareholder of that company.