Pro Mini Mix Concrete Mortars & Screeds - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05482138 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2016 TO 30 APRIL 2017

FOR

PRO MINI MIX CONCRETE MORTARS & SCREEDS

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R E McDonald

R Wood

Mrs E H Lyon

SECRETARY:

R E McDonald

REGISTERED OFFICE:

Breedon Quarry Main Street

Breedon On The Hill

Derby

Derbyshire

DE73 8AP

REGISTERED NUMBER:

05482138 (England and Wales)

ACCOUNTANTS:

Wynniatt-Husey Ltd

Chartered Accountants

The Old Coach House

Horsefair

Rugeley

Staffordshire

WS15 2EL

FIXED ASSETS

228,964

Tangible assets

4

177,090

CURRENT ASSETS

262,859

Debtors

5

317,236

330,484

Cash at bank

171,248

593,343

488,484

CREDITORS

608,884

Amounts falling due within one year

6

445,613

(15,541

)

NET CURRENT ASSETS/(LIABILITIES)

42,871

213,423

TOTAL ASSETS LESS CURRENT LIABILITIES

219,961

CREDITORS

(39,029

)

Amounts falling due after more than one year

7

-

(43,534

)

PROVISIONS FOR LIABILITIES

-

130,860

NET ASSETS

219,961

CAPITAL AND RESERVES

2

Called up share capital

2

130,858

Retained earnings

219,959

130,860

SHAREHOLDERS' FUNDS

219,961

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 21 December 2017 and were signed on its behalf by:

Mrs E H Lyon - Director

1.	STATUTORY INFORMATION

Pro Mini Mix Concrete Mortars & Screeds 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

The financial statements have been prepared on a Going Concern basis which the Directors believe to be

appropriate.

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

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

Totals

machinery

vehicles

equipment

£

£

£

£

COST

At 1 July 2016

555,195

542,083

3,250

9,862

Additions

945

267

-

678

Disposals

(150,266

)

(150,266

)

-

-

At 30 April 2017

405,874

392,084

3,250

10,540

DEPRECIATION

At 1 July 2016

326,231

314,612

3,250

8,369

Charge for period

52,819

51,662

-

1,157

Eliminated on disposal

(150,266

)

(150,266

)

-

-

At 30 April 2017

228,784

216,008

3,250

9,526

NET BOOK VALUE

At 30 April 2017

177,090

176,076

-

1,014

At 30 June 2016

228,964

227,471

-

1,493

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.6.16

£

£

Trade debtors

317,236

261,130

Other debtors

-

1,729

317,236

262,859

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.6.16

£

£

Hire purchase contracts

45,217

38,519

Trade creditors

257,928

462,454

Taxation and social security

99,557

34,687

Other creditors

42,911

73,224

445,613

608,884

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.17

30.6.16

£

£

Hire purchase contracts

-

39,029

8.	ULTIMATE CONTROLLING PARTY

During the period, the company was controlled by Mr P Walker and Mr P Mcallister by virtue of their equal

shareholding. Subsequent to the period end, the company was acquired by Breedon Southern Limited, a trading

subsidiary of Breedon Group Plc, which is now the ultimate controlling party. Copies of the consolidated

financial statements for Breedon Group Plc can be obtained from the Company Secretary, Breedon Group Plc,

28 Esplanade, St. Helier, Jersey, JE2 3QA.