Company Registration No. 05152864 (England and Wales)
Premier Brickwork (SE) Limited
Unaudited accounts
for the year ended 31 March 2018
Premier Brickwork (SE) Limited
Unaudited accounts
Contents
Premier Brickwork (SE) Limited
Company Information
for the year ended 31 March 2018
Directors
Mr M Clare
Mrs A Clare
Company Number
05152864 (England and Wales)
Registered Office
The Estate Office
Dacliffe Industrial Estate
Appledore Road, Woochurch
Kent
TN26 3TG
United Kingdom
Accountants
KSAS Ltd
The Estate Office, Dacliffe Ind. Estate
Appledore Road
Woodchurch
Kent
TN26 3TG
Premier Brickwork (SE) Limited
Accountants' report
Accountants' report to the board of directors of Premier Brickwork (SE) Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Premier Brickwork (SE) Limited for the year ended
31 March 2018 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Premier Brickwork (SE) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Premier Brickwork (SE) Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Premier Brickwork (SE) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Premier Brickwork (SE) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Premier Brickwork (SE) Limited. You consider that Premier Brickwork (SE) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Premier Brickwork (SE) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
KSAS Ltd
The Estate Office, Dacliffe Ind. Estate
Appledore Road
Woodchurch
Kent
TN26 3TG
8 June 2018
Premier Brickwork (SE) Limited
Statement of financial position
as at
31 March 2018
Cash at bank and in hand
(5,124)
(1,163)
Creditors: amounts falling due within one year
(20,929)
(13,447)
Net current (liabilities)/assets
(25,521)
545
Total assets less current liabilities
(24,777)
1,072
Provisions for liabilities
Net (liabilities)/assets
(24,918)
1,072
Called up share capital
2
2
Profit and loss account
(24,920)
1,070
Shareholders' funds
(24,918)
1,072
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 13 June 2018.
Mr M Clare
Director
Company Registration No. 05152864
Premier Brickwork (SE) Limited
Notes to the Accounts
for the year ended 31 March 2018
Premier Brickwork (SE) Limited is a private company, limited by shares, registered in England and Wales, registration number 05152864. The registered office is The Estate Office, Dacliffe Industrial Estate, Appledore Road, Woochurch, Kent, TN26 3TG, United Kingdom. The principal place of business is 10 Rokesby Close, Welling, Kent, DA16 3RR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Premier Brickwork (SE) Limited
Notes to the Accounts
for the year ended 31 March 2018
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2017
1,874
1,500
43
3,417
At 31 March 2018
2,299
1,500
43
3,842
At 1 April 2017
1,549
1,300
41
2,890
Charge for the year
157
50
1
208
At 31 March 2018
1,706
1,350
42
3,098
At 31 March 2018
593
150
1
744
At 31 March 2017
325
200
2
527
Trade debtors
(100)
11,590
Accrued income and prepayments
632
443
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
8,436
8,734
Loans from directors
10,069
-
Included within other creditors is a director's loan from Mr M Clare of £10,069 (2017: £0)
7
Deferred taxation
2018
2017
Accelerated capital allowances
141
-
Charged to the profit and loss account
141
-
Provision at end of year
141
-
Premier Brickwork (SE) Limited
Notes to the Accounts
for the year ended 31 March 2018
8
Average number of employees
During the year the average number of employees was 2 (2017: 2).