A & A Scaffolding (Pembrokeshire) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06255892 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2020

for

A & A Scaffolding (Pembrokeshire)

Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Finnegan

Mrs A Finnegan

SECRETARY:

Mrs A Finnegan

REGISTERED OFFICE:

15 Springfield Road

PEMBROKE DOCK

Pembrokeshire

SA72 6PZ

REGISTERED NUMBER:

06255892 (England and Wales)

FIXED ASSETS

Intangible assets

4

35,000

40,000

Tangible assets

5

73,344

66,584

108,344

106,584

CURRENT ASSETS

Debtors

8,177

8,160

Cash at bank and in hand

43,187

4

51,364

8,164

CREDITORS

Amounts falling due within one year

71,516

40,976

NET CURRENT LIABILITIES

(20,152

)

(32,812

)

TOTAL ASSETS LESS CURRENT LIABILITIES

88,192

73,772

CREDITORS

Amounts falling due after more than one year

52,009

87,029

NET ASSETS/(LIABILITIES)

36,183

(13,257

)

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

35,683

(13,757

)

SHAREHOLDERS' FUNDS

36,183

(13,257

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 May 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2020 and were signed on its behalf by:

A J Finnegan - Director

1.	STATUTORY INFORMATION

A & A Scaffolding (Pembrokeshire) 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold Property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2019 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2019

and 31 May 2020

100,000

AMORTISATION

At 1 June 2019

60,000

Amortisation for year

5,000

At 31 May 2020

65,000

NET BOOK VALUE

At 31 May 2020

35,000

At 31 May 2019

40,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2019

157,557

Additions

16,907

Disposals

(1,350

)

At 31 May 2020

173,114

DEPRECIATION

At 1 June 2019

90,973

Charge for year

10,147

Eliminated on disposal

(1,350

)

At 31 May 2020

99,770

NET BOOK VALUE

At 31 May 2020

73,344

At 31 May 2019

66,584