S C Boiler Maintenance Limited - Accounts to registrar (filleted) - small 18.2
S C Boiler Maintenance Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED |
| 31ST JANUARY 2018 |
| FOR |
| S C BOILER MAINTENANCE LIMITED |
| S C BOILER MAINTENANCE LIMITED (REGISTERED NUMBER: 04648866) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JANUARY 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| S C BOILER MAINTENANCE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST JANUARY 2018 |
| DIRECTORS: |
| SECRETARY: | Mrs J E Grant |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 225 London Road |
| Burgess Hill |
| West Sussex |
| RH15 9QU |
| S C BOILER MAINTENANCE LIMITED (REGISTERED NUMBER: 04648866) |
| BALANCE SHEET |
| 31ST JANUARY 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| S C BOILER MAINTENANCE LIMITED (REGISTERED NUMBER: 04648866) |
| BALANCE SHEET - continued |
| 31ST JANUARY 2018 |
| 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 by: |
| S C BOILER MAINTENANCE LIMITED (REGISTERED NUMBER: 04648866) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JANUARY 2018 |
| 1. | STATUTORY INFORMATION |
| S C Boiler Maintenance Limited is a |
| 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 |
| The financial statements are prepared in accordance with applicable accounting standards and under the |
| historical cost convention and include the results of the business' operations, all of which are continuing. |
| The principle accounting policies, which the directors have adopted, are set out below. |
| Turnover |
| Turnover represents amounts invoiced, excluding value added tax, in respect of the provision of services and the |
| sale of goods (where applicable). |
| 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 |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks and work-in-progress (except long-term contract balances) are stated at the lower of cost and net |
| realisable value. Cost is calculated using the first-in-first-out method and consists of material and direct labour |
| costs together with an appropriate proportion of production overheads. |
| Long-term contract balances are stated at net cost less foreseeable losses less any applicable payments on |
| account. The amount recorded as turnover in respect of long term contracts is ascertained by reference to the |
| value of work carried out to date. Attributable profit is recognised as the difference between recorded turnover |
| and related costs. |
| 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. |
| S C BOILER MAINTENANCE LIMITED (REGISTERED NUMBER: 04648866) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JANUARY 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. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1st February 2017 |
| and 31st January 2018 |
| AMORTISATION |
| At 1st February 2017 |
| and 31st January 2018 |
| NET BOOK VALUE |
| At 31st January 2018 |
| At 31st January 2017 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st February 2017 |
| and 31st January 2018 |
| DEPRECIATION |
| At 1st February 2017 |
| Charge for year |
| At 31st January 2018 |
| NET BOOK VALUE |
| At 31st January 2018 |
| At 31st January 2017 |
| S C BOILER MAINTENANCE LIMITED (REGISTERED NUMBER: 04648866) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JANUARY 2018 |
| 6. | STOCKS |
| 2018 | 2017 |
| £ | £ |
| Stocks |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Directors' current accounts | 14,870 | 15,251 |
| Tax |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Corporation Tax |
| VAT | 2,763 | 2,804 |
| Credit Card liabilities | - | 8,866 |
| Accrued expenses |
| 9. | CONTINGENT LIABILITIES |
| There were no known contingent liabilities as at the Balance sheet date. |
| 10. | CAPITAL COMMITMENTS |
| 2018 | 2017 |
| £ | £ |
| Contracted but not provided for in the |
| financial statements |
| 11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31st January 2018 and |
| 31st January 2017: |
| 2018 | 2017 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| S C BOILER MAINTENANCE LIMITED (REGISTERED NUMBER: 04648866) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JANUARY 2018 |
| 11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 12. | ULTIMATE CONTROLLING PARTY |
| The controlling parties are Mr I R & Mrs J E Grant jointly. |