Blackwater Floors Limited,Ltd - AccountsLtd - Accounts

Blackwater Floors Limited,Ltd - AccountsLtd - Accounts

BLACKWATER FLOORS LIMITED - Company Information

Print Friendly Version

2016-04-01 05720434 2017-03-31 05720434 2016-04-01 2017-03-31 05720434 uk-bus:RegisteredOffice 2016-04-01 2017-03-31 05720434 uk-bus:Director1 2016-04-01 2017-03-31 05720434 uk-bus:Director1 2017-03-31 05720434 2016-03-31 05720434 2015-04-01 2016-03-31 05720434 uk-core:WithinOneYear 2016-03-31 05720434 uk-core:WithinOneYear 2017-03-31 05720434 uk-core:AfterOneYear 2016-03-31 05720434 uk-core:AfterOneYear 2017-03-31 05720434 uk-core:ShareCapital 2017-03-31 05720434 uk-core:ShareCapital 2016-03-31 05720434 uk-core:RetainedEarningsAccumulatedLosses 2017-03-31 05720434 uk-core:RetainedEarningsAccumulatedLosses 2016-03-31 iso4217:GBP 05720434 uk-bus:AuditExemptWithAccountantsReport 2016-04-01 2017-03-31 05720434 uk-bus:FRS102 2016-04-01 2017-03-31 05720434 uk-bus:FullAccounts 2016-04-01 2017-03-31 05720434 uk-bus:PrivateLimitedCompanyLtd 2016-04-01 2017-03-31
Blackwater Floors Limited
Registered Number:05720434
For the year ended 31 March 2017
England and Wales
Report of the Director and Unaudited Financial Statements
2
For the year ended 31 March 2017
Blackwater Floors Limited
Contents Page
Company Information
1
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6 to 7
Notes to the Financial Statements
8
Trading and Profit and Loss Account
3
For the year ended 31 March 2017
Blackwater Floors Limited
Company Information
Philip Moon
Director
Miss J B Hedgecock
Company Secretary
05720434
Registered Number
29 London Road
Registered Office
Maldon
Essex
CM9 6HE
G O'Driscoll & Company
Accountants
2 Catchpole Lane
Great Totham
Maldon
Essex
CM9 8PY
1 of 7
4
For the year ended 31 March 2017
Blackwater Floors Limited
Director's Report
The director presents his report and accounts for the year ended 31 March 2017.
Principal activities
The principal activity of the company in the year under review was Flooring Contractors.
Director
The director who served the company throughout the year was as follows:
Philip Moon
Philip Moon
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
17 May 2017
2 of 7
5
For the year ended 31 March 2017
Blackwater Floors Limited
Independent Accountants' Report
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 March 2017 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to
fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
G O'Driscoll & Company
2 Catchpole Lane
Great Totham
Maldon
Essex
CM9 8PY
Date:
17 May 2017
3 of 7
6
For the year ended 31 March 2017
Blackwater Floors Limited
Income Statement
2016
£
2017
£
Turnover
44,646
192,352
(137,381)
Cost of sales
(37,407)
54,971
Gross profit
7,239
Administrative expenses
(5,837)
(9,382)
Operating profit
1,402
45,589
1,402
45,589
Profit before taxation
(280)
(9,118)
Taxation
1,122
Profit for the financial year
36,471
4 of 7
7
As at 31 March 2017
Blackwater Floors Limited
Statement of Financial Position
Registered Number :
05720434
£
£
2016
2017
Notes
Current assets
Inventories
150
150
Trade and other receivables
18,957
3,939
2
25,299
Cash and cash equivalents
4,203
8,292
44,406
Trade and other payables: amounts falling due within one
year
(11,036)
(1,655)
3
33,370
6,637
Net current assets
Total assets less current liabilities
6,637
33,370
Trade and other payables: amounts falling due after more
than one year
-
(145)
4
6,492
Net assets
33,370
Capital and reserves
Called up share capital
100
100
Retained earnings
6,392
33,270
6,492
33,370
Shareholders' funds
For the year ended 31 March 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
Philip Moon
These financial statements were approved and authorised for issue by the Board on 17 May 2017 and were signed by:
The notes form part of these financial statements
5 of 7
8
For the year ended 31 March 2017
Blackwater Floors Limited
Notes to the Financial Statements
Statutory Information
Blackwater Floors Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05720434.
Registered address:
29 London Road
Maldon
Essex
CM9 6HE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Debtors include amounts recoverable on long term contracts which are stated at the net sales value of the work done after provision for contingencies and any anticipated future losses on contracts, less amounts received as progress payments on account. Any excess progress payments are included in creditors as payments on account.
2. Trade and other receivables
2016
2017
£
£
Trade debtors
-
2,672
Other debtors
3,939
16,285
18,957
3,939
3. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Trade creditors
921
1,267
Taxation and social security
618
9,653
Other creditors
116
116
1,655
11,036
6 of 7
9
For the year ended 31 March 2017
Blackwater Floors Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due after more than one year
2016
2017
£
£
Other creditors
145
-
7 of 7