Greenham Construction Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04458126 (England and Wales)

Financial Statements for the Year Ended 31 July 2017

for

Greenham Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

M J Byrne

C M Byrne

M Byrne

SECRETARY:

C M Byrne

REGISTERED OFFICE:

Norfolk House

75 Bartholomew Street

Newbury

Berkshire

RG14 5DU

REGISTERED NUMBER:

04458126 (England and Wales)

ACCOUNTANTS:

Maughans Limited

Norfolk House

75 Bartholomew Street

Newbury

Berkshire

RG14 5DU

FIXED ASSETS

Tangible assets

4

15,104

-

CURRENT ASSETS

Stocks

32,000

123,338

Debtors

5

416,172

143,263

Cash at bank

31,503

129,216

479,675

395,817

CREDITORS

Amounts falling due within one year

6

370,677

338,909

NET CURRENT ASSETS

108,998

56,908

TOTAL ASSETS LESS CURRENT LIABILITIES

124,102

56,908

CREDITORS

Amounts falling due after more than one year

7

11,328

-

NET ASSETS

112,774

56,908

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

112,674

56,808

SHAREHOLDERS' FUNDS

112,774

56,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 30 April 2018 and were signed on its behalf by:

M Byrne - Director

1.	STATUTORY INFORMATION

Greenham Construction 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 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

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.

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 year was 6 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2016

196

34,842

7,215

42,253

Additions

-

20,139

-

20,139

Disposals

-

(4,397

)

-

(4,397

)

At 31 July 2017

196

50,584

7,215

57,995

DEPRECIATION

At 1 August 2016

196

34,842

7,215

42,253

Charge for year

-

5,035

-

5,035

Eliminated on disposal

-

(4,397

)

-

(4,397

)

At 31 July 2017

196

35,480

7,215

42,891

NET BOOK VALUE

At 31 July 2017

-

15,104

-

15,104

At 31 July 2016

-

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Trade debtors

188,376

47,158

Directors' current accounts

-

647

VAT

227,796

95,458

416,172

143,263

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Hire purchase contracts

5,035

-

Trade creditors

82,565

102,222

Tax

13,556

5,848

CIS tax

(3,291

)

(3,291

)

Social security and other taxes

13,718

18,030

Pension fund

71

-

Loan

173,850

213,850

Directors' current accounts

2

-

Accrued expenses

85,171

2,250

370,677

338,909

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.17

31.7.16

£

£

Hire purchase contracts

11,328

-

8.

RESERVES

Retained

earnings

£

At 1 August 2016

56,808

Profit for the year

68,866

Dividends

(13,000

)

At 31 July 2017

112,674

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Maughans Limited

Norfolk House

75 Bartholomew Street

Newbury

Berkshire

RG14 5DU

30 April 2018