M Taylor Site Services Limited - Limited company accounts 18.2
M Taylor Site Services Limited - Limited company accounts 18.2
| REGISTERED NUMBER: |
| Report of the Director and |
| Unaudited Financial Statements for the Year Ended 31 March 2018 |
| for |
| M Taylor Site Services Limited |
| M Taylor Site Services Limited (Registered number: 08965766) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2018 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Statement of Income and Retained Earnings | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 6 |
| M Taylor Site Services Limited |
| Company Information |
| for the Year Ended 31 March 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 16-18 Station Road |
| Chapeltown |
| Sheffield |
| South Yorkshire |
| S35 2XH |
| M Taylor Site Services Limited (Registered number: 08965766) |
| Report of the Director |
| for the Year Ended 31 March 2018 |
| The director presents his report with the financial statements of the company for the year ended 31 March 2018. |
| DIRECTOR |
report. |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies |
| Act 2006 relating to small companies. |
| ON BEHALF OF THE BOARD: |
| M Taylor Site Services Limited (Registered number: 08965766) |
| Statement of Income and Retained Earnings |
| for the Year Ended 31 March 2018 |
| 2018 | 2017 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING PROFIT | 4 |
| Interest receivable and similar income |
| PROFIT BEFORE TAXATION |
| Tax on profit |
| PROFIT FOR THE FINANCIAL YEAR |
| Retained earnings at beginning of year |
( |
) |
| Dividends | 5 | ( |
) |
| RETAINED EARNINGS AT END OF YEAR |
| M Taylor Site Services Limited (Registered number: 08965766) |
| Balance Sheet |
| 31 March 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 6 |
| Tangible assets | 7 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| M Taylor Site Services Limited (Registered number: 08965766) |
| Balance Sheet - continued |
| 31 March 2018 |
| The financial statements were approved by the director on by: |
| M Taylor Site Services Limited (Registered number: 08965766) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2018 |
| 1. | STATUTORY INFORMATION |
| M Taylor Site Services Limited is a |
| 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 |
| 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 |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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. |
| M Taylor Site Services Limited (Registered number: 08965766) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 |
| 4. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 2018 | 2017 |
| £ | £ |
| Depreciation - owned assets |
| Goodwill amortisation |
| 5. | DIVIDENDS |
| 2018 | 2017 |
| £ | £ |
| Ordinary shares of 1 each |
| Interim | - | 4,000 |
| M Taylor Site Services Limited (Registered number: 08965766) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2018 |
| 6. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 April 2017 |
| and 31 March 2018 |
| AMORTISATION |
| At 1 April 2017 |
| Charge for year |
| At 31 March 2018 |
| NET BOOK VALUE |
| At 31 March 2018 |
| At 31 March 2017 |
| 7. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 April 2017 |
| and 31 March 2018 |
| DEPRECIATION |
| At 1 April 2017 |
| Charge for year |
| At 31 March 2018 |
| NET BOOK VALUE |
| At 31 March 2018 |
| At 31 March 2017 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Taxation and social security | ( |
) | ( |
) |
| Other creditors |
| M Taylor Site Services Limited (Registered number: 08965766) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2018 |
| 9. | PROVISIONS FOR LIABILITIES |
| 2018 | 2017 |
| £ | £ |
| Deferred tax | 319 | 429 |
| Deferred |
| tax |
| £ |
| Balance at 1 April 2017 |
| Provided during year | ( |
) |
| Balance at 31 March 2018 |