Elmbridge Contractors Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05509457 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

ELMBRIDGE CONTRACTORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Stella Sawicki

G L Jagielski

SECRETARY:

J Stella Sawicki

REGISTERED OFFICE:

42 Elmbridge Drive

Ruislip

Middlesex

HA4 7UT

REGISTERED NUMBER:

05509457 (England and Wales)

ACCOUNTANTS:

C Jezierski Associates

Chartered Certified Accountants

and Statutory Auditors

43 Chiswick Lane

London

W4 2LR

FIXED ASSETS

Tangible assets

4

54,322

18,510

CURRENT ASSETS

Stocks

158,654

45,665

Debtors

5

24,732

29,588

Cash at bank

336,927

481,494

520,313

556,747

CREDITORS

Amounts falling due within one year

6

57,068

116,568

NET CURRENT ASSETS

463,245

440,179

TOTAL ASSETS LESS CURRENT LIABILITIES

517,567

458,689

CREDITORS

Amounts falling due after more than one year

7

13,158

3,111

NET ASSETS

504,409

455,578

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

504,407

455,576

SHAREHOLDERS' FUNDS

504,409

455,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

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 and authorised for issue on 12 December 2022 and were signed on its behalf by:

J Stella Sawicki - Director

G L Jagielski - Director

1.	STATUTORY INFORMATION

Elmbridge Contractors 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

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 cost

Stocks

Long term work in progress is valued in accordance with the contract valuations .

Otherwise work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads

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 3 (2021 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

47,835

Additions

56,893

Disposals

(4,643

)

At 31 March 2022

100,085

DEPRECIATION

At 1 April 2021

29,325

Charge for year

21,081

Eliminated on disposal

(4,643

)

At 31 March 2022

45,763

NET BOOK VALUE

At 31 March 2022

54,322

At 31 March 2021

18,510

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade debtors

20,241

28,548

Other debtors

4,491

1,040

24,732

29,588

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade creditors

5,640

13,047

Taxation and social security

43,776

94,585

Other creditors

7,652

8,936

57,068

116,568

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.22

31.3.21

£

£

Taxation and social security

13,158

3,111