St George's Works Limited - Accounts to registrar (filleted) - small 18.1

St George's Works Limited - Accounts to registrar (filleted) - small 18.1

ST GEORGE'S WORKS LIMITED - Company Information

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REGISTERED NUMBER: 09902074 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2017

FOR

ST GEORGE'S WORKS LIMITED
ST GEORGE'S WORKS LIMITED (REGISTERED NUMBER: 09902074)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30th September 2017




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ST GEORGE'S WORKS LIMITED

COMPANY INFORMATION
For The Year Ended 30th September 2017







DIRECTOR: D C D Richards



REGISTERED OFFICE: Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ



REGISTERED NUMBER: 09902074 (England and Wales)



ACCOUNTANTS: Ballams
Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ



BANKERS: Barclays Bank Plc
1 Churchill Place
London
E14 5HP
Page 1
ST GEORGE'S WORKS LIMITED (REGISTERED NUMBER: 09902074)

STATEMENT OF FINANCIAL POSITION
30th September 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Debtors 4 55,674 16,098
Cash at bank 16,616 61,463
72,290 77,561
CREDITORS
Amounts falling due within one year 5 2,087 6,842
NET CURRENT ASSETS 70,203 70,719
TOTAL ASSETS LESS CURRENT
LIABILITIES
70,203
70,719

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 70,103 70,619
SHAREHOLDERS' FUNDS 70,203 70,719

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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 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 29th June 2018 and were signed by:




D C D Richards - Director


The notes form part of these financial statements

Page 2
ST GEORGE'S WORKS LIMITED (REGISTERED NUMBER: 09902074)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30th September 2017

1. STATUTORY INFORMATION

St George's Works 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.

These are the first company financial statements prepared under Section 1A of FRS102. Information
about the first time adoption of Section 1A of FRS102 can be found in note 8.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of
financial assets and liabilities like trade and other accounts receivable and payable and loans with
related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables,
are measured at the undiscounted amount of the cash or other consideration expected to be paid or
received. Debt instruments that are repayable or receivable after one year are initially measured at the
present value of the future cash flows and subsequently at amortised cost using the effective interest
method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial
year for evidence of impairment. If objective evidence of impairment is found an impairment loss is
recognised in the Income Statement.

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.


Page 3 continued...
ST GEORGE'S WORKS LIMITED (REGISTERED NUMBER: 09902074)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30th September 2017

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed by group undertakings 55,674 16,098

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 587 (253 )
Other creditors 1,500 7,095
2,087 6,842

6. ULTIMATE CONTROLLING PARTY

The controlling party is Architekton Limited.

7. FIRST YEAR ADOPTION

This is the first year that the company has presented its results under FRS102 section 1A. The last
financial statements were those for the period ended 30 September 2016. The date of transition to
FRS102 section 1A was 04 December 2015.

There were no transitional adjustments arising from the adoption of the new accounting policies
presented by FRS102 which had an effect on net equity or the profit and loss account. Consequently
the profit for the period ended 30 September 2016 and total equity as at 04 December 2015 and 30
September 2016 are as previously reported.

Page 4