Hodge Construction (UK) LTD,Ltd - AccountsLtd - Accounts
Hodge Construction (UK) LTD,Ltd - AccountsLtd - Accounts
| Registered Number:SC209832 |
For the year ended 31 August 2017
Scotland
Unaudited Financial Statements
2
For the year ended 31 August 2017
Hodge Construction (UK) LTD
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
| As at |
Hodge Construction (UK) LTD
Statement of Financial Position
| Registered Number : |
| £ |
| £ |
2016
2017
| Notes |
| Fixed assets |
| Property, plant and equipment |
2
| Current assets |
| Inventories |
3
| Trade and other receivables |
4
| Cash and cash equivalents |
| Trade and other payables: amounts falling due within |
| one year |
(167,606 )
(146,343 )
5
490,791
Net current assets
| Total assets less current liabilities |
| Trade and other payables: amounts falling due after |
| more than one year |
(37,804 )
(28,083 )
6
Net assets
| Capital and reserves |
| Called up share capital |
| Retained earnings |
Shareholders' funds
| 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| These financial statements were approved and authorised for issue by the Board on |
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4
For the year ended 31 August 2017
Hodge Construction (UK) LTD
Statement of Financial Position Continued
| The notes form part of these financial statements |
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5
For the year ended 31 August 2017
Hodge Construction (UK) LTD
Notes to the Financial Statements
Statutory Information
| Hodge Construction (UK) LTD is a private limited company, limited by shares, domiciled in Scotland, registration |
| number SC209832. |
| Registered address: |
Station Road
Grangemouth
FK3 8DG
| The presentation currency is £ sterling. |
| 1. Accounting policies |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
Property, plant and equipment
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
| useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
| would be immaterial. The directors undertake an annual impairment review of these properties. |
Inventories
Hire purchase and leasing commitments
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For the year ended 31 August 2017
Hodge Construction (UK) LTD
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
| Total |
| Computer |
| equipment |
| Fixtures and |
| fittings |
| Motor |
| vehicles |
| Plant and |
| machinery |
| Land and |
| buildings |
| £ |
| £ |
| £ |
| £ |
| £ |
| £ |
| Cost or |
| valuation |
| At 01 September |
| 2016 |
| Additions |
| At 31 August |
| 2017 |
| Provision for depreciation and impairment |
| At 01 September |
| 2016 |
Charge for year
| At 31 August |
| 2017 |
| At 31 August |
| 2017 |
| Net book value |
| At 31 August |
| 2016 |
| 3. Inventories |
2016
2017
| £ |
| £ |
| Stocks |
| 4. Trade and other receivables |
2016
2017
| £ |
| £ |
| Trade debtors |
| 5. Trade and other payables: amounts falling due within one year |
2016
2017
| £ |
| £ |
| Bank loans and overdraft (secured) |
| Trade creditors |
| Taxation and social security |
| Other creditors |
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For the year ended 31 August 2017
Hodge Construction (UK) LTD
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2016
2017
| £ |
| £ |
| Bank loans and overdraft |
| Bank loans and overdraft (secured) |
3,131
11,962
| Other creditors |
| 7. Average number of persons employed |
During the year the average number of employees was 16 (2016 : 15)
| 8. Transition to FRS 102 |
The transition to FRS102 required no revaluations or adjustments in this period
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