Seema & Sona Builders Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 01359595

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Seema & Sona Builders Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S S Mann

REGISTERED OFFICE:

93 Oakwood Crescent

Greenford

Middlesex

UB6 0RG

REGISTERED NUMBER:

01359595

ACCOUNTANTS:

Dave & Co

Manchester Square

18 Fitzhardinge Street

London

W1H 6EQ

FIXED ASSETS

Tangible assets

4

5,314

7,086

CURRENT ASSETS

Stocks

2,299,850

2,239,918

Debtors

5

10,147

11,774

Cash at bank

6,022

8,845

2,316,019

2,260,537

CREDITORS

Amounts falling due within one year

6

493,213

436,973

NET CURRENT ASSETS

1,822,806

1,823,564

TOTAL ASSETS LESS CURRENT LIABILITIES

1,828,120

1,830,650

CREDITORS

Amounts falling due after more than one year

7

1,543,866

1,478,402

NET ASSETS

284,254

352,248

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

284,154

352,148

SHAREHOLDERS' FUNDS

284,254

352,248

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 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 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 Income Statement has not been delivered.

The financial statements were approved by the director on 22 December 2017 and were signed by:

S S Mann - Director

1.	STATUTORY INFORMATION

Seema & Sona Builders Limited is a private company, limited by shares , registered in Not

specified/Other. 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.

Tangible fixed assets

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

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 Income

Statement, 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 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

536,184

DEPRECIATION

At 1 April 2016

529,098

Charge for year

1,772

At 31 March 2017

530,870

NET BOOK VALUE

At 31 March 2017

5,314

At 31 March 2016

7,086

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other debtors

10,147

11,774

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

34,025

14,285

Other creditors

459,188

422,688

493,213

436,973

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.17

31.3.16

£

£

Other creditors

1,543,866

1,478,402

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

100

Ordinary

1

100

100

9.

RESERVES

Retained

earnings

£

At 1 April 2016

352,148

Deficit for the year

(7,994

)

Dividends

(60,000

)

At 31 March 2017

284,154