Tony Greenhalgh Plastering Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08389664 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2018

for

Tony Greenhalgh Plastering Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A GREENHALGH

Mrs V Greenhalgh

SECRETARY:

REGISTERED OFFICE:

Sunny Lea

Maltkiln Lane

Bispham

L40 3SG

REGISTERED NUMBER:

08389664 (England and Wales)

ACCOUNTANTS:

MARYLEBONE ACCOUNTANCY SERVICES LTD

470 BOLTON ROAD

ASPULL

WIGAN

Lancashire

WN2 1PX

FIXED ASSETS

Tangible assets

4

2,984

3,979

CURRENT ASSETS

Stocks

455

455

Debtors

5

12,803

6,647

Cash at bank and in hand

13,642

8,575

26,900

15,677

CREDITORS

Amounts falling due within one year

6

21,669

18,434

NET CURRENT ASSETS/(LIABILITIES)

5,231

(2,757

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,215

1,222

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8,115

1,122

SHAREHOLDERS' FUNDS

8,215

1,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 10 October 2018 and were signed on its behalf by:

A GREENHALGH - Director

1.	STATUTORY INFORMATION

Tony Greenhalgh Plastering 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2017

and 28 February 2018

12,575

DEPRECIATION

At 1 March 2017

8,596

Charge for year

995

At 28 February 2018

9,591

NET BOOK VALUE

At 28 February 2018

2,984

At 28 February 2017

3,979

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/18

28/2/17

£

£

Trade debtors

4,195

-

Other debtors

8,608

6,647

12,803

6,647

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/18

28/2/17

£

£

Hire purchase contracts

-

522

Trade creditors

715

514

Taxation and social security

4,005

710

Other creditors

16,949

16,688

21,669

18,434