Company Registration No. 10865114 (England and Wales)
BURNT ORANGE CONSTRUCTION LTD
Unaudited accounts
for the period from 13 July 2017 to 31 January 2018
BURNT ORANGE CONSTRUCTION LTD
Unaudited accounts
Contents
BURNT ORANGE CONSTRUCTION LTD
Company Information
for the period from 13 July 2017 to 31 January 2018
Directors
Piers Reed
Arran Gordon
Company Number
10865114 (England and Wales)
Registered Office
BLUEGATE HALL
GREAT BARDFIELD
BRAINTREE
ESSEX
CM7 4PZ
ENGLAND
Accountants
First Call Accounting Ltd
1st Floor Audit House
151 High Street
Billericay
Essex
CM12 9AB
BURNT ORANGE CONSTRUCTION LTD
Statement of financial position
as at 31 January 2018
Cash at bank and in hand
127,747
Creditors: amounts falling due within one year
(113,205)
Total assets less current liabilities
28,615
Provisions for liabilities
Profit and loss account
25,940
Shareholders' funds
25,941
For the period ending 31 January 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 15 August 2018.
Piers Reed
Director
Company Registration No. 10865114
BURNT ORANGE CONSTRUCTION LTD
Notes to the Accounts
for the period from 13 July 2017 to 31 January 2018
BURNT ORANGE CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 10865114. The registered office is BLUEGATE HALL, GREAT BARDFIELD, BRAINTREE, ESSEX, CM7 4PZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
20% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
BURNT ORANGE CONSTRUCTION LTD
Notes to the Accounts
for the period from 13 July 2017 to 31 January 2018
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
17,122
500
17,622
At 31 January 2018
17,122
500
17,622
Charge for the period
3,424
125
3,549
At 31 January 2018
3,424
125
3,549
At 31 January 2018
13,698
375
14,073
5
Creditors: amounts falling due within one year
2018
Taxes and social security
(29,162)
Loans from directors
34,207
6
Average number of employees
During the period the average number of employees was 1.
