All Kent Plastering Ltd - Limited company accounts 16.1

REGISTERED NUMBER: 09197642 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 SEPTEMBER 2014 TO 30 SEPTEMBER 2015

FOR

ALL KENT PLASTERING LTD

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

P Chapman

SECRETARY:

REGISTERED OFFICE:

6 Hero Walk

Rochester

ME1 2UZ

REGISTERED NUMBER:

09197642 (England and Wales)

ACCOUNTANTS:

J Parish & Co

295 High Street

Rainham

Gillingham

Kent

ME8 8DS

The director presents his report with the financial statements of the company for the period 1 September 2014 to 30 September 2015.

INCORPORATION

The company was incorporated on 1 September 2014 .

DIRECTOR

P Chapman was appointed as a director on 1 September 2014 and held office during the whole of the period from then to the date of this report.

The director, being eligible, offers himself for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

P Chapman - Director

13 May 2016

TURNOVER

21,403

Cost of sales

6,638

GROSS PROFIT

14,765

Administrative expenses

9,728

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

2

5,037

Tax on profit on ordinary activities

3

1,175

PROFIT FOR THE FINANCIAL PERIOD

3,862

FIXED ASSETS

Tangible assets

5

3,971

CURRENT ASSETS

Cash at bank

3,915

CREDITORS

Amounts falling due within one year

6

7,774

NET CURRENT LIABILITIES

(3,859

)

TOTAL ASSETS LESS CURRENT LIABILITIES

112

CAPITAL AND RESERVES

Called up share capital

7

100

Profit and loss account

8

12

SHAREHOLDERS' FUNDS

112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2015 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 13 May 2016 and were signed by:

P Chapman - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

£

Depreciation - owned assets

1,324

Director's remuneration and other benefits etc

5,000

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the period was as follows:

£

Current tax:

UK corporation tax

1,175

Tax on profit on ordinary activities

1,175

4.

DIVIDENDS

£

ordinary shares of 1 each

Final

3,850

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

5,295

At 30 September 2015

5,295

DEPRECIATION

Charge for period

1,324

At 30 September 2015

1,324

NET BOOK VALUE

At 30 September 2015

3,971

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

1,175

Other creditors

6,599

7,774

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

ordinary

1

100

8.

RESERVES

Profit

and loss

account

£

Profit for the period

3,862

Dividends

(3,850

)

At 30 September 2015

12