| Contracting Site Services Ltd |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Contracting Site Services Ltd for the year ended 31 December 2015 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Contracting Site Services Ltd for the year ended 31 December 2015 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Contracting Site Services Ltd, as a body, in accordance with the terms of our engagement . Our work has been undertaken solely to prepare for your approval the accounts of Contracting Site Services Ltd and state those matters that we have agreed to state to the Board of Directors of Contracting Site Services Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Contracting Site Services Ltd and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Contracting Site Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Contracting Site Services Ltd. You consider that Contracting Site Services Ltd is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the accounts of Contracting Site Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. |
|
| Bright Sterling |
| Chartered Certified Accountants |
| 53 Sheen Lane |
| LONDON |
| SW14 8AB |
|
| 28 September 2016 |
|
| Contracting Site Services Ltd |
| Balance Sheet |
| as at 31 December 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
6 |
|
|
38,113 |
|
|
14,839 |
|
| Current assets |
| Debtors |
7 |
|
13,200 |
|
|
13,200 |
| Cash at bank and in hand |
|
|
986 |
|
|
410 |
|
|
|
14,186 |
|
|
13,610 |
|
| Creditors: amounts falling due within one year |
8 |
|
(53,295) |
|
|
(28,008) |
|
| Net current liabilities |
|
|
|
(39,109) |
|
|
(14,398) |
|
| Net (liabilities)/assets |
|
|
|
(996) |
|
|
441 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
9 |
|
|
100 |
|
|
100 |
| Profit and loss account |
10 |
|
|
(1,096) |
|
|
341 |
|
| Shareholders' funds |
|
|
|
(996) |
|
|
441 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
|
| R M Ellis |
| Director |
| Approved by the board on 28 September 2016 |
|
| Contracting Site Services Ltd |
| Notes to the Accounts |
| for the year ended 31 December 2015 |
|
| 1 |
Accounting policies |
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
Plant and machinery |
15% WDV |
|
Motor vehicles |
15% WDV |
|
|
| 2 |
Operating profit |
2015 |
|
2014 |
| £ |
£ |
|
This is stated after charging: |
|
Depreciation of owned fixed assets |
6,726 |
|
2,617 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Interest payable |
2015 |
|
2014 |
| £ |
£ |
|
|
Interest payable |
138 |
|
247 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Taxation |
2015 |
|
2014 |
| £ |
£ |
|
|
UK corporation tax |
16,400 |
|
12,594 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
Cost |
|
At 1 January 2015 |
6,926 |
|
At 31 December 2015 |
6,926 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2015 |
6,926 |
|
At 31 December 2015 |
6,926 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
- |
|
|
|
|
|
|
|
|
|
|
Goodwill have been written off in equal annual instalments over its estimated economic life of 1 year. |
|
|
| 6 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 January 2015 |
6,999 |
|
20,250 |
|
27,249 |
|
Additions |
30,000 |
|
- |
|
30,000 |
|
At 31 December 2015 |
36,999 |
|
20,250 |
|
57,249 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2015 |
3,560 |
|
8,850 |
|
12,410 |
|
Charge for the year |
5,016 |
|
1,710 |
|
6,726 |
|
At 31 December 2015 |
8,576 |
|
10,560 |
|
19,136 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
28,423 |
|
9,690 |
|
38,113 |
|
At 31 December 2014 |
3,439 |
|
11,400 |
|
14,839 |
|
|
|
|
|
|
|
|
|
| 7 |
Debtors |
2015 |
|
2014 |
| £ |
£ |
|
Other debtors |
13,200 |
|
13,200 |
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due within one year |
2015 |
|
2014 |
| £ |
£ |
|
Accruals |
2,400 |
|
2,330 |
|
Bank loans and overdrafts |
- |
|
1,687 |
|
Corporation tax |
26,265 |
|
20,172 |
|
Other taxes and social security |
4,410 |
|
3,446 |
|
Director's account |
20,220 |
|
373 |
|
|
|
|
|
|
53,295 |
|
28,008 |
|
|
|
|
|
|
|
|
|
| 9 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
| 10 |
Profit and loss account |
2015 |
| £ |
|
At 1 January 2015 |
341 |
|
Profit for the year |
58,563 |
|
Dividends |
(60,000) |
|
At 31 December 2015 |
(1,096) |
|
|
|
|
|
|
|
| 11 |
Dividends |
2015 |
|
2014 |
| £ |
£ |
|
Dividends for which the company became liable during the year: |
|
Dividends paid |
60,000 |
|
71,000 |
|
|
|
|
|
|
|
|
|
|
