R & T Hogger Builders Ltd. - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07139475 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

R & T HOGGER BUILDERS LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

RT Hogger

T Hogger

REGISTERED OFFICE:

115c Milton Road

Cambridge

Cambridgeshire

CB4 1XE

REGISTERED NUMBER:

07139475 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Chartered Accountants

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

4

18,016

10,473

CURRENT ASSETS

Stocks

785,900

440,500

Debtors

5

39,446

7,363

Cash at bank and in hand

185,464

252,331

1,010,810

700,194

CREDITORS

Amounts falling due within one year

6

747,706

547,001

NET CURRENT ASSETS

263,104

153,193

TOTAL ASSETS LESS CURRENT LIABILITIES

281,120

163,666

PROVISIONS FOR LIABILITIES

2,751

1,055

NET ASSETS

278,369

162,611

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

277,369

161,611

SHAREHOLDERS' FUNDS

278,369

162,611

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

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 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 2 August 2017 and were signed on its behalf by:

RT Hogger - Director

1.	STATUTORY INFORMATION

R & T Hogger Builders Ltd. 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 the provisions of Section 1A "Small Entities" 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 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

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2016 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2016

3,721

28,583

2,982

35,286

Additions

-

16,500

932

17,432

At 31 March 2017

3,721

45,083

3,914

52,718

DEPRECIATION

At 1 April 2016

3,721

18,542

2,550

24,813

Charge for year

-

9,146

743

9,889

At 31 March 2017

3,721

27,688

3,293

34,702

NET BOOK VALUE

At 31 March 2017

-

17,395

621

18,016

At 31 March 2016

-

10,041

432

10,473

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

3,434

673

VAT

30,185

6,690

Prepayments

5,827

-

39,446

7,363

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other loans

150,000

100,000

Trade creditors

177,123

22,058

Tax

47,678

43,126

Social security and other taxes

8,330

5,768

Other creditors

1,625

-

Directors' current accounts

361,000

374,149

Accruals and deferred income

1,950

1,900

747,706

547,001

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £81,736 (2016 - £53,760) were paid to the directors .

8.	ULTIMATE CONTROLLING PARTY