Company Registration No. 04018570 (England and Wales)
Quaystone Construction Limited
Unaudited accounts
for the year ended 31 March 2018
Quaystone Construction Limited
Unaudited accounts
Contents
Quaystone Construction Limited
Company Information
for the year ended 31 March 2018
Directors
Peter Hempenstall
Eamonn Fenton
Company Number
04018570 (England and Wales)
Registered Office
23 The Quadrant
Bexleyheath
Kent
DA7 5LH
Accountants
Darroch Accountancy Ltd
9 Old Foundry Close
St Just
Cornwall
TR19 7QS
Quaystone Construction Limited
Statement of financial position
as at 31 March 2018
Tangible assets
2,210
3,813
Cash at bank and in hand
71,420
7,841
Creditors: amounts falling due within one year
(384,844)
(355,163)
Net current assets
60,679
19,689
Called up share capital
1,000
1,000
Profit and loss account
61,889
22,502
Shareholders' funds
62,889
23,502
For the year ending 31 March 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 26 June 2018.
Peter Hempenstall
Director
Company Registration No. 04018570
Quaystone Construction Limited
Notes to the Accounts
for the year ended 31 March 2018
Quaystone Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 04018570. The registered office is 23 The Quadrant, Bexleyheath, Kent, DA7 5LH.
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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 remained unchanged from the previous year, and also 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2017
5,662
12,954
18,616
At 31 March 2018
5,662
12,954
18,616
At 1 April 2017
5,529
9,274
14,803
Charge for the year
133
1,470
1,603
At 31 March 2018
5,662
10,744
16,406
At 31 March 2018
-
2,210
2,210
At 31 March 2017
133
3,680
3,813
Quaystone Construction Limited
Notes to the Accounts
for the year ended 31 March 2018
Trade debtors
219,103
212,011
Other debtors
155,000
155,000
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Creditors: amounts falling due within one year
2018
2017
Trade creditors
326,583
242,849
Taxes and social security
49,864
45,219
Loans from directors
8,397
62,868
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Average number of employees
During the year the average number of employees was 6 (2017: 10).
