Booth Tarmacadam Limited - Accounts to registrar (filleted) - small 18.2
Booth Tarmacadam Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2018 |
| FOR |
| BOOTH TARMACADAM LIMITED |
| BOOTH TARMACADAM LIMITED (REGISTERED NUMBER: 01201508) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| For The Year Ended 28th February 2018 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| BOOTH TARMACADAM LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 28th February 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Crane Court |
| 302 London Road |
| Ipswich |
| Suffolk |
| IP2 0AJ |
| BANKERS: |
| Princes Street |
| Ipswich |
| Suffolk |
| IP1 1PB |
| BOOTH TARMACADAM LIMITED (REGISTERED NUMBER: 01201508) |
| STATEMENT OF FINANCIAL POSITION |
| 28th February 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings | 11 |
| SHAREHOLDERS' FUNDS |
| 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. |
| BOOTH TARMACADAM LIMITED (REGISTERED NUMBER: 01201508) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 28th February 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors on its behalf by: |
| BOOTH TARMACADAM LIMITED (REGISTERED NUMBER: 01201508) |
| NOTES TO THE FINANCIAL STATEMENTS |
| For The Year Ended 28th February 2018 |
| 1. | STATUTORY INFORMATION |
| Booth Tarmacadam Limited is a |
| 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 |
| Turnover |
| Turnover is the amount derived from ordinary activities, and stated after trade discounts, other sales |
| taxes and net of VAT. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| 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. |
| 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. |
| BOOTH TARMACADAM LIMITED (REGISTERED NUMBER: 01201508) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 28th February 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 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 |
| BOOTH TARMACADAM LIMITED (REGISTERED NUMBER: 01201508) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 28th February 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor |
| machinery | vehicles | Totals |
| £ | £ | £ |
| COST |
| At 1st March 2017 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 28th February 2018 |
| DEPRECIATION |
| At 1st March 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 28th February 2018 |
| NET BOOK VALUE |
| At 28th February 2018 |
| At 28th February 2017 |
| 5. | STOCKS |
| 2018 | 2017 |
| £ | £ |
| Work-in-progress |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Booth Homes Limited | 141,054 | 144,796 |
| Directors' current accounts | - | 22,542 |
| VAT |
| Prepayments |
| BOOTH TARMACADAM LIMITED (REGISTERED NUMBER: 01201508) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 28th February 2018 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts | 45,699 | - |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts | 7,183 | 15,220 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| Preference | £1 | 100 | 100 |
| 200 | 200 |
| 11. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1st March 2017 |
| Profit for the year |
| Dividends | ( |
) |
| At 28th February 2018 |