Accounts filed on 30-06-2017


Registered number: 04018132






All Floors (Services) Limited


ACCOUNTS

FOR THE YEAR ENDED 30/06/2017
























Prepared By:
JC Accountants
Chartered Accountants and Registered Auditors
19 Norfolk Street
Sunderland
SR1 1EA


ACCOUNTS
FOR THE YEAR ENDED 30/06/2017





DIRECTORS
Joseph Dorian
Kevin Thompson



SECRETARY
Kevin Thompson


REGISTERED OFFICE
The Quadrus Centre
Boldon Business Park
Boldon
Tyne & Wear
NE35 9PF


COMPANY DETAILS
registered in England, registered number 04018132



ACCOUNTANTS
JC Accountants
Chartered Accountants and Registered Auditors
19 Norfolk Street
Sunderland
SR1 1EA


ACCOUNTS
FOR THEYEARENDED30/06/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/06/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	2		69,487		58,433

CURRENT ASSETS
Stock		1,000		1,000
Debtors	4	649,391		1,012,362
Cash at bank and in hand		378,677		126,459
		1,029,068		1,139,821
CREDITORS: Amounts falling due within one year	5	355,466		538,137
NET CURRENT ASSETS			673,602		601,684
TOTAL ASSETS LESS CURRENT LIABILITIES			743,089		660,117


PROVISIONS FOR LIABILITIES AND CHARGES	7		13,676		9,430

NET ASSETS			729,413		650,687

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			729,313		650,587
SHAREHOLDERS' FUNDS			729,413		650,687

For the year ending 30/06/2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 28/03/2018 and signed on their behalf by



.............................
Joseph Dorian
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Commercial Vehicles		reducing balance 20%
Equipment		straight line 33%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.




1e. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.




4. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	523,419	890,065
Retentions	116,791	100,686
VAT	-	14,665
Prepayments	7,449	6,946
Directors current account JD	1,732	-
	649,391	1,012,362




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	56,643	42,399
VAT	50,814	-
PAYE control	23,036	30,133
Directors current account KT	2,569	49,152
Directors current account JD	-	52,722
Shareholders current account LT	-	5,550
Trade creditors	214,141	348,988
Other creditors	278	-
Accruals	7,985	9,193
	355,466	538,137




8. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




9. CONTROLLING PARTY
The company is a close company controlled by 4 shareholders each owning 25% of the company : Mr and Mrs Thompson and Mr and Mrs Dorian




10. RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE
In preparing the accounts, the directors have considered whether in applying the accounting policies required by FRS 102 the restatement of comparative items was required. At the date of transition in applying the requirement to recognise liabilities arising from employee benefits, a liability was recognised for short-term compensated absence arising from employee entitlement to paid annual leave. The initial liability recognised at the date of transition was for the holiday entitlement carried forward and for the entitlement arising in the year which was due but not taken.
The initial liability was for £6,902.63
No other restatements were required. In accordance with the requirements of FRS 102 a reconciliation of opening balances is provided.
Reconciliation of funds and balances	1 July 2015	30 June 2016
	£	£
Fund balances as previously stated	585,992	657,489
Short-term compensated absences	-6,903	-6,903
Fund balances as restated,	579,089	650,586