N Smith Heating And Plumbing Ltd - Accounts to registrar (filleted) - small 18.2

N Smith Heating And Plumbing Ltd - Accounts to registrar (filleted) - small 18.2

N SMITH HEATING AND PLUMBING LTD - Company Information

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REGISTERED NUMBER: 07768611 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2018

FOR

N SMITH HEATING AND PLUMBING LTD
N SMITH HEATING AND PLUMBING LTD (REGISTERED NUMBER: 07768611)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


N SMITH HEATING AND PLUMBING LTD

COMPANY INFORMATION
for the Year Ended 30 September 2018







DIRECTOR: Mr N A Smith





REGISTERED OFFICE: Falcon House
3 King Street
Castle Hedingham
Halstead
Essex
CO9 3ER





REGISTERED NUMBER: 07768611 (England and Wales)





ACCOUNTANTS: Falcon Accountants
Falcon House
3 King Street
Castle Hedingham
Halstead
Essex
CO9 3ER
Page 1
N SMITH HEATING AND PLUMBING LTD (REGISTERED NUMBER: 07768611)

BALANCE SHEET
30 September 2018

30.9.17 30.9.18
£    £    Notes £    £   
FIXED ASSETS
2,673 Tangible assets 4 2,505

CURRENT ASSETS
12,186 Debtors 5 2,397
15,193 Cash at bank 28,623
27,379 31,020
CREDITORS
25,994 Amounts falling due within one year 6 25,523
1,385 NET CURRENT ASSETS 5,497
4,058 TOTAL ASSETS LESS CURRENT
LIABILITIES
8,002

508 PROVISIONS FOR LIABILITIES 476
3,550 NET ASSETS 7,526

CAPITAL AND RESERVES
100 Called up share capital 100
3,450 Retained earnings 7,426
3,550 SHAREHOLDERS' FUNDS 7,526

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

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

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 7 January 2019 and were signed by:



Mr N A Smith - Director


The notes form part of these financial statements

Page 2
N SMITH HEATING AND PLUMBING LTD (REGISTERED NUMBER: 07768611)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2018

1. STATUTORY INFORMATION

N Smith Heating And Plumbing 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.
Plant and machinery etc - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

Page 3 continued...
N SMITH HEATING AND PLUMBING LTD (REGISTERED NUMBER: 07768611)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2017 10,181
Additions 667
At 30 September 2018 10,848
DEPRECIATION
At 1 October 2017 7,508
Charge for year 835
At 30 September 2018 8,343
NET BOOK VALUE
At 30 September 2018 2,505
At 30 September 2017 2,673

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.18 30.9.17
£    £   
Trade debtors 1,997 8,972
Amounts recoverable on contract - 2,681
Other debtors 400 533
2,397 12,186

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.18 30.9.17
£    £   
Hire purchase contracts - 1,467
Trade creditors 10,021 8,305
Taxation and social security 9,737 7,902
Other creditors 5,765 8,320
25,523 25,994

Page 4