Paul Lewis And Sons Plumbing And Heating - Accounts to registrar (filleted) - small 18.1

Paul Lewis And Sons Plumbing And Heating - Accounts to registrar (filleted) - small 18.1


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REGISTERED NUMBER: 08138255 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Paul Lewis And Sons Plumbing And Heating
Limited

Paul Lewis And Sons Plumbing And Heating
Limited (Registered number: 08138255)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Paul Lewis And Sons Plumbing And Heating
Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: P Lewis
J Lewis





REGISTERED OFFICE: 3 Waterside Gardens
Shrewsbury
Shropshire
SY3 9AG





REGISTERED NUMBER: 08138255 (England and Wales)





ACCOUNTANTS: Elliot Accountants Limited
3 Waterside Gardens
Shrewsbury
Shropshire
SY3 9AG

Paul Lewis And Sons Plumbing And Heating
Limited (Registered number: 08138255)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,894 16,167

CURRENT ASSETS
Stocks 22,247 9,918
Debtors 5 18,174 3,507
Cash at bank 42,295 62,836
82,716 76,261
CREDITORS
Amounts falling due within one year 6 66,257 52,373
NET CURRENT ASSETS 16,459 23,888
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,353

40,055

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 42,253 39,955
SHAREHOLDERS' FUNDS 42,353 40,055

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 11 December 2018 and were signed on its behalf
by:





J Lewis - Director


Paul Lewis And Sons Plumbing And Heating
Limited (Registered number: 08138255)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Paul Lewis And Sons Plumbing And Heating Limited 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.
Plant and machinery etc - 25% on cost, 10% on cost and not provided

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

Paul Lewis And Sons Plumbing And Heating
Limited (Registered number: 08138255)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017 43,745
Additions 25,743
Disposals (9,547 )
At 31 March 2018 59,941
DEPRECIATION
At 1 April 2017 27,578
Charge for year 11,222
Eliminated on disposal (4,753 )
At 31 March 2018 34,047
NET BOOK VALUE
At 31 March 2018 25,894
At 31 March 2017 16,167

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 8,708 2,590
Other debtors 9,466 917
18,174 3,507

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 35,550 20,547
Taxation and social security 20,617 25,860
Other creditors 10,090 5,966
66,257 52,373

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
100 Ordinary £1 100 100

Paul Lewis And Sons Plumbing And Heating
Limited (Registered number: 08138255)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

8. RESERVES
Retained
earnings
£   

At 1 April 2017 39,955
Profit for the year 92,298
Dividends (90,000 )
At 31 March 2018 42,253