D.S. BRICKWORK & GROUNDWORK LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04953414 (England and Wales)

Financial Statements

for the Year Ended 31st December 2017

for

D.S. BRICKWORK & GROUNDWORK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Seiler

SECRETARY:

Mrs E J Seiler

REGISTERED OFFICE:

141 Ware Road

Hertford

Hertfordshire

SG13 7EG

REGISTERED NUMBER:

04953414 (England and Wales)

ACCOUNTANTS:

Attenboroughs (Accountants) Limited

Chartered Certified Accountants

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,390

5,850

4,390

5,850

CURRENT ASSETS

Debtors

6

15,843

12,320

Cash at bank

12,155

11,187

27,998

23,507

CREDITORS

Amounts falling due within one year

7

10,269

18,176

NET CURRENT ASSETS

17,729

5,331

TOTAL ASSETS LESS CURRENT LIABILITIES

22,119

11,181

PROVISIONS FOR LIABILITIES

8

834

1,059

NET ASSETS

21,285

10,122

CAPITAL AND RESERVES

Called up share capital

9

101

101

Retained earnings

10

21,184

10,021

SHAREHOLDERS' FUNDS

21,285

10,122

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 20th July 2018 and were signed by:

D Seiler - Director

1.	STATUTORY INFORMATION

D.S. BRICKWORK & GROUNDWORK 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

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 (2016 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2017

and 31st December 2017

30,000

AMORTISATION

At 1st January 2017

and 31st December 2017

30,000

NET BOOK VALUE

At 31st December 2017

-

At 31st December 2016

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1st January 2017

and 31st December 2017

3,051

7,000

10,051

DEPRECIATION

At 1st January 2017

2,451

1,750

4,201

Charge for year

150

1,310

1,460

At 31st December 2017

2,601

3,060

5,661

NET BOOK VALUE

At 31st December 2017

450

3,940

4,390

At 31st December 2016

600

5,250

5,850

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/17

31/12/16

£

£

Tax recoverable

14,373

10,821

VAT

215

450

Prepayments

1,255

1,049

15,843

12,320

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/17

31/12/16

£

£

Trade creditors

1

-

Tax

5,230

1,966

Other creditors

480

2,063

Directors' current accounts

1,233

10,910

Accrued expenses

3,325

3,237

10,269

18,176

8.	PROVISIONS FOR LIABILITIES

31/12/17

31/12/16

£

£

Deferred tax

834

1,059

Deferred

tax

£

Balance at 1st January 2017

1,059

Reduction in provision

(225

)

Balance at 31st December 2017

834

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/17

31/12/16

value:

£

£

100

Ordinary

£1

100

100

1

'A' Ordinary

£1

1

1

101

101

10.

RESERVES

Retained

earnings

£

At 1st January 2017

10,021

Profit for the year

21,163

Dividends

(10,000

)

At 31st December 2017

21,184

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £5,000 (2016 - £5,000) were paid to the director .

12.	ULTIMATE CONTROLLING PARTY

The company is under the control of the sole director.