East Midlands Flowscreed Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10830259 (England and Wales)

Unaudited Financial Statements

for the Period 22 June 2017 to 30 June 2018

for

East Midlands Flowscreed Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr T Donovan

Mr R P Ragsdale-Lowe

REGISTERED OFFICE:

1 Hawton Lane Cottage

Hawton Lane

Newark

Nottinghamshire

NG24 3SD

REGISTERED NUMBER:

10830259 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

South Yorkshire

S11 8YZ

FIXED ASSETS

Tangible assets

4

550

CURRENT ASSETS

Debtors

5

32,953

Cash at bank

23,415

56,368

CREDITORS

Amounts falling due within one year

6

53,462

NET CURRENT ASSETS

2,906

TOTAL ASSETS LESS CURRENT LIABILITIES

3,456

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

8

3,356

SHAREHOLDERS' FUNDS

3,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 30 October 2018 and were signed on its behalf by:

Mr T Donovan - Director

1.	STATUTORY INFORMATION

East Midlands Flowscreed Ltd 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.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the period comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

738

At 30 June 2018

738

DEPRECIATION

Charge for period

188

At 30 June 2018

188

NET BOOK VALUE

At 30 June 2018

550

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

29,638

Other debtors

3,315

32,953

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

15,656

Amounts owed to group undertakings

35,948

Taxation and social security

658

Other creditors

1,200

53,462

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

100

100

8.

RESERVES

Retained

earnings

£

Profit for the period

3,356

At 30 June 2018

3,356

9.	RELATED PARTY DISCLOSURES

Lowe Construct & Build Ltd is under common control of T Donovan and R Ragsdale-Lowe.

Sales to Lowe Construct & Build Ltd in the year totalled £817. Purchases from Lowe Construct & Build Ltd

totalled £34,948.

A loan of £1,000 was provided to East Midlands Flowscreed Ltd by Lowe Construct & Build Ltd.

At the year end date a balance of £35,948 was owed by East Midlands Flowscreed Ltd to Lowe Construct &

Build Ltd.