R.B. Windows, Doors and Cons Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 03543059 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

R. B.WINDOWS, DOORS AND CONSERVATORIES

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R C Benton

Mrs J M Benton

SECRETARY:

Mrs J M Benton

REGISTERED OFFICE:

57/61 Market Place

Cannock

Staffordshire

WS11 1BP

REGISTERED NUMBER:

03543059 (England and Wales)

ACCOUNTANTS:

Shelvoke Pickering Janney LLP

Chartered Accountants

57-61 Market Place

Cannock

Staffordshire

WS11 1BP

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

36,564

31,683

36,564

31,683

CURRENT ASSETS

Inventories

29,025

17,737

Debtors

6

126,915

71,819

Cash at bank and in hand

305,161

370,589

461,101

460,145

CREDITORS

Amounts falling due within one year

7

284,555

291,784

NET CURRENT ASSETS

176,546

168,361

TOTAL ASSETS LESS CURRENT LIABILITIES

213,110

200,044

CREDITORS

Amounts falling due after more than one year

8

-

(8,851

)

PROVISIONS FOR LIABILITIES

(6,185

)

(5,366

)

NET ASSETS

206,925

185,827

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

206,725

185,627

SHAREHOLDERS' FUNDS

206,925

185,827

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 27 March 2018 and were signed on its behalf by:

R C Benton - Director

1.	STATUTORY INFORMATION

R. B.Windows, Doors and Conservatories 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

Revenue is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured

at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

10% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Inventories 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position 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.

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 year was 14 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2016

and 30 September 2017

15,000

AMORTISATION

At 1 October 2016

and 30 September 2017

15,000

NET BOOK VALUE

At 30 September 2017

-

At 30 September 2016

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 October 2016

164,883

Additions

20,979

Disposals

(6,000

)

At 30 September 2017

179,862

DEPRECIATION

At 1 October 2016

133,200

Charge for year

13,567

Eliminated on disposal

(3,469

)

At 30 September 2017

143,298

NET BOOK VALUE

At 30 September 2017

36,564

At 30 September 2016

31,683

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

107,488

71,819

Other debtors

19,427

-

126,915

71,819

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

205,082

150,895

Taxation and social security

73,730

92,873

Other creditors

5,743

48,016

284,555

291,784

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Hire purchase contracts

-

8,851

9.	RELATED PARTY DISCLOSURES

The company is under the control of Mr and Mrs R C Benton who are husband and wife and owned

100% (2016: 100%) of the issued ordinary share capital.

The directors made an interest free loan to the company and the balance at 30 September, 2017 was

£nil (2016: £40214 - highest balance). No terms are set down for repayment.