Dewgard Heating & Plumbing Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08015992 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

DEWGARD HEATING & PLUMBING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

I B Crook

REGISTERED OFFICE:

164 High Street

Egham

Surrey

TW20 9HP

REGISTERED NUMBER:

08015992 (England and Wales)

ACCOUNTANTS:

Vernon Associates

10 Beech Court

Wokingham Road

Hurst

Berkshire

RG10 0RQ

FIXED ASSETS

Tangible assets

4

5,690

10,038

CURRENT ASSETS

Stocks

9,000

8,000

Debtors

5

5,761

13,142

Cash at bank

4,089

4,652

18,850

25,794

CREDITORS

Amounts falling due within one year

6

74,309

80,723

NET CURRENT LIABILITIES

(55,459

)

(54,929

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(49,769

)

(44,891

)

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

(49,779

)

(44,901

)

SHAREHOLDERS' FUNDS

(49,769

)

(44,891

)

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 29 December 2017 and were signed by:

I B Crook - Director

1.	STATUTORY INFORMATION

Dewgard Heating & Plumbing Limited 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 represents net invoiced sales of goods and services, excluding value added tax. Revenue is recognised

when the work is complete, and the company has a right to the income.

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 etc

-

20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

Going concern

The directors have considered the financial viability of the company for a period of 12 months from the date of

signing the accounts. They are of the view that demand has risen to a level which is likely to make the company

profitable in the foreseeable future, and for that reason, consider it appropriate to prepare these accounts on the

going concern basis.

The directors will continue to provide financial support for the next 12 months, should the company require it.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

24,603

Additions

920

At 31 March 2017

25,523

DEPRECIATION

At 1 April 2016

14,565

Charge for year

5,268

At 31 March 2017

19,833

NET BOOK VALUE

At 31 March 2017

5,690

At 31 March 2016

10,038

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

2,902

12,567

Other debtors

2,859

575

5,761

13,142

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

854

6,528

Taxation and social security

-

1,469

Other creditors

73,455

72,726

74,309

80,723