GC Flat Roofing Limited - Accounts to registrar (filleted) - small 18.1

GC Flat Roofing Limited - Accounts to registrar (filleted) - small 18.1

GC FLAT ROOFING LIMITED - Company Information

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REGISTERED NUMBER: 06385022 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2017

for

GC Flat Roofing Limited
GC Flat Roofing Limited (Registered number: 06385022)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GC Flat Roofing Limited

Company Information
for the Year Ended 30 September 2017







DIRECTOR: G Copperwheat





SECRETARY: L McDonald





REGISTERED OFFICE: 45 Beaumont Road
Flitwick
Bedfordshire
MK45 1AL





REGISTERED NUMBER: 06385022 (England and Wales)





ACCOUNTANTS: Virgo Associates
Chartered Certified Accountants
Bedford Heights
Brickhill Drive
Bedford
MK41 7PH
Page 1
GC Flat Roofing Limited (Registered number: 06385022)

Balance Sheet
30 September 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,122 17,315

CURRENT ASSETS
Debtors 5 16,126 11,374
Cash at bank 22,730 17,270
38,856 28,644
CREDITORS
Amounts falling due within one year 6 19,451 22,258
NET CURRENT ASSETS 19,405 6,386
TOTAL ASSETS LESS CURRENT
LIABILITIES
57,527
23,701

CREDITORS
Amounts falling due after more than
one year
7
10,000
651
NET ASSETS 47,527 23,050

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 47,526 23,049
47,527 23,050

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 director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
GC Flat Roofing Limited (Registered number: 06385022)

Balance Sheet - continued
30 September 2017


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 director on 31 January 2018 and were signed by:





G Copperwheat - Director


The notes form part of these financial statements

Page 3
GC Flat Roofing Limited (Registered number: 06385022)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

GC Flat Roofing 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 etc - 33% on cost and 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 4 continued...
GC Flat Roofing Limited (Registered number: 06385022)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2016 27,812
Additions 50,571
Disposals (26,838 )
At 30 September 2017 51,545
DEPRECIATION
At 1 October 2016 10,497
Charge for year 12,750
Eliminated on disposal (9,824 )
At 30 September 2017 13,423
NET BOOK VALUE
At 30 September 2017 38,122
At 30 September 2016 17,315

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Other debtors 16,126 11,374

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Hire purchase contracts - 2,471
Trade creditors (1 ) (2 )
Taxation and social security 13,329 16,121
Other creditors 6,123 3,668
19,451 22,258

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.17 30.9.16
£    £   
Bank loans 10,000 -
Hire purchase contracts - 651
10,000 651

Page 5