PGB Architectural Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04449763 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th June 2018

for

PGB Architectural Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P Bamber

SECRETARY:

Mrs R J Thornber

REGISTERED OFFICE:

Lily Cottage

12 Glen Avenue

Knowle Green

Preston

Lancashire

PR3 2ZQ

REGISTERED NUMBER:

04449763 (England and Wales)

ACCOUNTANTS:

Robin Oatridge & Co Limited

Chartered Certified Accountants

Black Bull House

353-355 Station Road

Bamber Bridge

Preston

Lancashire

PR5 6EE

FIXED ASSETS

Tangible assets

4

16,341

22,863

CURRENT ASSETS

Stocks

1,275

1,250

Debtors

5

49,258

73,999

Cash at bank

21,758

7,354

72,291

82,603

CREDITORS

Amounts falling due within one year

6

49,873

46,618

NET CURRENT ASSETS

22,418

35,985

TOTAL ASSETS LESS CURRENT LIABILITIES

38,759

58,848

CREDITORS

Amounts falling due after more than one year

7

(1,833

)

(9,167

)

PROVISIONS FOR LIABILITIES

(3,105

)

-

NET ASSETS

33,821

49,681

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

33,721

49,581

SHAREHOLDERS' FUNDS

33,821

49,681

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 Income Statement has not been delivered.

The financial statements were approved by the director on 25th January 2019 and were signed by:

Mr P Bamber - Director

1.	STATUTORY INFORMATION

PGB Architectural Services 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 services provided, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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.

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

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.

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 1st July 2017

39,295

Additions

612

At 30th June 2018

39,907

DEPRECIATION

At 1st July 2017

16,432

Charge for year

7,134

At 30th June 2018

23,566

NET BOOK VALUE

At 30th June 2018

16,341

At 30th June 2017

22,863

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st July 2017

and 30th June 2018

22,708

DEPRECIATION

At 1st July 2017

5,677

Charge for year

4,258

At 30th June 2018

9,935

NET BOOK VALUE

At 30th June 2018

12,773

At 30th June 2017

17,031

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

48,315

72,302

Other debtors

943

1,697

49,258

73,999

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts

7,333

7,333

Trade creditors

9,985

9,901

Taxation and social security

28,152

24,769

Other creditors

4,403

4,615

49,873

46,618

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Hire purchase contracts

1,833

9,167

8.	SECURED DEBTS

The following secured debts are included within creditors:

2018

2017

£

£

Hire purchase contracts

9,166

16,500

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is the director.