PURE SCAFFOLDING LIMITED Small abridged accounts
PURE SCAFFOLDING LIMITED Small abridged accounts
Statement of Consent to Prepare Abridged Financial Statements |
COMPANY REGISTRATION NUMBER:
09531852
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For the year ended |
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Abridged Financial Statements |
Year ended 30 April 2017
Contents |
Page |
Officers and professional advisers |
1 |
Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory abridged financial statements |
2 |
Abridged statement of financial position |
3 |
Statement of changes in equity |
5 |
Notes to the abridged financial statements |
6 |
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Officers and Professional Advisers |
The board of directors |
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Registered office |
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UK |
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Accountants |
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Chartered Certified Accountants |
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111a, George Lane |
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London |
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E18 1AN |
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Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of
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Year ended 30 April 2017
111a, George Lane
London
E18 1AN
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Abridged Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Debtors |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
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--------- |
-------- |
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Net current liabilities |
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--------- |
-------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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– |
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Provisions
Taxation including deferred tax |
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– |
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-------- |
------- |
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Net assets |
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-------- |
------- |
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Capital and reserves
Called up share capital |
8 |
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Profit and loss account |
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-------- |
------- |
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Members funds |
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-------- |
------- |
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In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
28 September 2017
, and are signed on behalf of the board by:
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Director |
Company registration number:
09531852
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Statement of Changes in Equity |
Year ended 30 April 2017
Called up share capital |
Profit and loss account |
Total |
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£ |
£ |
£ |
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At 8 April 2015 |
– |
– |
– |
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Profit for the year |
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---- |
------- |
------- |
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Total comprehensive income for the year |
– |
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Issue of shares |
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– |
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---- |
------- |
------- |
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Total investments by and distributions to owners |
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– |
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At 30 April 2016 |
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Profit for the year |
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---- |
-------- |
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Total comprehensive income for the year |
– |
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Dividends paid and payable |
5 |
– |
(
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(
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---- |
-------- |
-------- |
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Total investments by and distributions to owners |
– |
(
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(
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---- |
-------- |
-------- |
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At 30 April 2017 |
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Notes to the Abridged Financial Statements |
Year ended 30 April 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 111a George Lane, London, E18 1AN, UK.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 8 April 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 11.
Revenue recognition
Taxation
Operating leases
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor Vehicles |
- |
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Fixtures, Fittings & Equipment |
- |
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Impairment of fixed assets
Provisions
Financial instruments
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2016: Nil).
5.
Dividends
2017 |
2016 |
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£ |
£ |
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Dividends paid during the year (excluding those for which a liability existed at the end of the prior year ) |
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– |
-------- |
---- |
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6.
Tangible assets
£ |
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Cost |
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At 1 May 2016 |
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Additions |
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--------- |
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At 30 April 2017 |
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--------- |
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Depreciation |
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At 1 May 2016 |
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Charge for the year |
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--------- |
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At 30 April 2017 |
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--------- |
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Carrying amount |
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At 30 April 2017 |
142,785 |
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At 30 April 2016 |
34,333 |
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7.
Deferred tax
The deferred tax included in the abridged statement of financial position is as follows:
2017 |
2016 |
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£ |
£ |
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Included in provisions |
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– |
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The deferred tax account consists of the tax effect of timing differences in respect of:
2017 |
2016 |
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£ |
£ |
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Accelerated capital allowances |
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– |
-------- |
---- |
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8.
Called up share capital
Issued, called up and fully paid
2017 |
2016 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
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9.
Related party transactions
The total amount owed to the directors as at the balance sheet date was £84,824 (2016:£31,703). These amounts are unsecured, interest free and repayable on demand.
10.
Controlling party
The controlling parties during the period were the
company directors.
11.
Transition to FRS 102
These are the first abridged financial statements that comply with FRS 102. The company transitioned to FRS 102 on 8 April 2015.
No transitional adjustments were required in equity or profit or loss for the period.