CS Plumbing Services (Aberdeen) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC500677 (Scotland)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

FOR

CS PLUMBING SERVICES (ABERDEEN) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C G Stephen

SECRETARY:

R W Bothwell

REGISTERED OFFICE:

Flat A

346 Great Western Road

Aberdeen

AB10 6LX

REGISTERED NUMBER:

SC500677 (Scotland)

ACCOUNTANTS:

Bon Accord Accountancy Limited

71 Charleston Road North

Cove

Aberdeen

Aberdeenshire

AB12 3SZ

FIXED ASSETS

Tangible assets

4

5,527

7,369

CURRENT ASSETS

Debtors

5

11,818

13,994

Cash at bank

84,904

84,123

96,722

98,117

CREDITORS

Amounts falling due within one year

6

8,195

17,625

NET CURRENT ASSETS

88,527

80,492

TOTAL ASSETS LESS CURRENT LIABILITIES

94,054

87,861

CREDITORS

Amounts falling due after more than one year

7

-

(2,180

)

PROVISIONS FOR LIABILITIES

(1,050

)

(1,400

)

NET ASSETS

93,004

84,281

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

92,994

84,271

SHAREHOLDERS' FUNDS

93,004

84,281

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 4 March 2021 and were signed by:

C G Stephen - Director

1.	STATUTORY INFORMATION

CS Plumbing Services (Aberdeen) Ltd is a private company, limited by shares , registered in Scotland. 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

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

Plant and machinery etc

-

25% on reducing balance

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.

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 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2019

and 31 March 2020

14,950

DEPRECIATION

At 1 April 2019

7,581

Charge for year

1,842

At 31 March 2020

9,423

NET BOOK VALUE

At 31 March 2020

5,527

At 31 March 2019

7,369

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade debtors

9,543

13,230

Other debtors

2,275

764

11,818

13,994

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Hire purchase contracts

2,180

3,738

Trade creditors

2,930

9,685

Taxation and social security

2,085

3,202

Other creditors

1,000

1,000

8,195

17,625

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.20

31.3.19

£

£

Hire purchase contracts

-

2,180