Company Registration No. 08276485 (England and Wales)
M A Pitcher Builders Ltd
Unaudited accounts
for the year ended 30 November 2018
M A Pitcher Builders Ltd
Unaudited accounts
Contents
M A Pitcher Builders Ltd
Company Information
for the year ended 30 November 2018
Directors
Mr. Mark Pitcher
Mrs. Joanne Mariee Pitcher
Company Number
08276485 (England and Wales)
Registered Office
C/O Together Accounting Limited
17-19 St. George's Street
Norwich
Norfolk
NR3 1AB
United Kingdom
Accountants
Together Accounting Limited
17-19 St Georges Street
Norwich
Norfolk
NR3 1AB
M A Pitcher Builders Ltd
Accountants' report
Accountants' report to the board of directors of M A Pitcher Builders Ltd on the preparation of the unaudited statutory accounts for the year ended 30 November 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
M A Pitcher Builders Ltd for the year ended
30 November 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 M A Pitcher Builders Ltd, 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 M A Pitcher Builders Ltd 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 M A Pitcher Builders Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that M A Pitcher Builders Ltd 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 M A Pitcher Builders Ltd. You consider that M A Pitcher Builders Ltd 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 M A Pitcher Builders Ltd. 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.
Together Accounting Limited
17-19 St Georges Street
Norwich
Norfolk
NR3 1AB
19 November 2019
M A Pitcher Builders Ltd
Statement of financial position
as at
30 November 2018
Tangible assets
11,993
14,175
Cash at bank and in hand
15,902
6,572
Creditors: amounts falling due within one year
(39,344)
(18,302)
Net current assets
9,625
9,016
Total assets less current liabilities
21,618
23,191
Provisions for liabilities
Deferred tax
(4,672)
(3,842)
Called up share capital
10
10
Profit and loss account
16,936
19,339
Shareholders' funds
16,946
19,349
For the year ending 30 November 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 19 November 2019.
Mr. Mark Pitcher
Director
Company Registration No. 08276485
M A Pitcher Builders Ltd
Notes to the Accounts
for the year ended 30 November 2018
M A Pitcher Builders Ltd is a private company, limited by shares, registered in England and Wales, registration number 08276485. The registered office is C/O Together Accounting Limited, 17-19 St. George's Street, Norwich, Norfolk, NR3 1AB, 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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 Method
Motor vehicles
25% - Reducing Balance Method
Computer equipment
33% - Straight Line Method
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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 is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
M A Pitcher Builders Ltd
Notes to the Accounts
for the year ended 30 November 2018
4
Intangible fixed assets
Goodwill
At 1 December 2017
15,000
At 30 November 2018
15,000
At 1 December 2017
15,000
At 30 November 2018
15,000
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2017
2,904
28,280
2,202
33,386
Additions
1,234
-
732
1,966
At 30 November 2018
4,138
28,280
2,934
35,352
At 1 December 2017
1,328
15,887
1,996
19,211
Charge for the year
703
3,098
347
4,148
At 30 November 2018
2,031
18,985
2,343
23,359
At 30 November 2018
2,107
9,295
591
11,993
At 30 November 2017
1,576
12,393
206
14,175
Trade debtors
1,398
13,591
Accrued income and prepayments
1,315
1,842
Other debtors
30,354
5,313
7
Creditors: amounts falling due within one year
2018
2017
Obligations under finance leases and hire purchase contracts
1,290
1,128
Trade creditors
28,695
7,408
Taxes and social security
6,399
7,066
M A Pitcher Builders Ltd
Notes to the Accounts
for the year ended 30 November 2018
8
Deferred taxation
2018
2017
Accelerated capital allowances
4,672
3,842
Provision at start of year
3,842
2,832
Charged to the profit and loss account
830
1,010
Provision at end of year
4,672
3,842
9
Share capital
2018
2017
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
The company is controlled by the Directors' who owe 100% of the called up share capital.
11
Average number of employees
During the year the average number of employees was 0 (2017: 0).