R S Ceiling Contractors Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02451037 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2018

for

R S Ceiling Contractors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R B Wookey

SECRETARY:

Mrs E L Wookey

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

BUSINESS ADDRESS:

2 Dale Road

Stanley Village

Ilkeston

Derbyshire

DE7 6EY

REGISTERED NUMBER:

02451037 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

8,150

10,097

CURRENT ASSETS

Stocks

50

40

Debtors

5

6,275

2,805

Cash at bank

19,161

43,827

25,486

46,672

CREDITORS

Amounts falling due within one year

6

29,458

25,231

NET CURRENT (LIABILITIES)/ASSETS

(3,972

)

21,441

TOTAL ASSETS LESS CURRENT LIABILITIES

4,178

31,538

CREDITORS

Amounts falling due after more than one year

7

-

3,125

NET ASSETS

4,178

28,413

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,078

28,313

SHAREHOLDERS' FUNDS

4,178

28,413

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 23 January 2019 and were signed by:

R B Wookey - Director

1.	STATUTORY INFORMATION

R S Ceiling Contractors 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 represents net invoiced sales, excluding value added tax. Turnover is accounted for in the

period in which the services are provided.

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

-

33% on reducing balance

Equipment

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

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.

Deferred tax

Deferred tax is recognised in respect of all material timing differences.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Computer

and

Motor

equipment

Equipment

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 May 2017

and 30 April 2018

1,012

7,119

2,841

14,645

25,617

DEPRECIATION

At 1 May 2017

1,011

6,630

2,607

5,272

15,520

Charge for year

-

49

23

1,875

1,947

At 30 April 2018

1,011

6,679

2,630

7,147

17,467

NET BOOK VALUE

At 30 April 2018

1

440

211

7,498

8,150

At 30 April 2017

1

489

234

9,373

10,097

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

5,138

1,940

Other debtors

137

-

Prepayments and accrued income

1,000

865

6,275

2,805

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts

2,894

2,648

Trade creditors

2,838

1,298

Corporation tax

452

54

Accruals and deferred income

1,745

1,735

Other creditors

5,474

2,936

Social security and taxation

1,136

2,367

Director's current account

14,919

14,193

29,458

25,231

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Hire purchase contracts

-

3,125

8.	SECURED DEBTS

The following secured debts are included within creditors:

2018

2017

£

£

Hire purchase contracts

2,894

5,773