Company Registration No. 08742048 (England and Wales)
AST BUILDING CONTRACTORS LTD
Unaudited accounts
for the year ended 31 October 2018
AST BUILDING CONTRACTORS LTD
Unaudited accounts
Contents
AST BUILDING CONTRACTORS LTD
Company Information
for the year ended 31 October 2018
Company Number
08742048 (England and Wales)
Registered Office
530B LEA BRIDGE ROAD
LEYTON
LONDON
E10 7DT
Accountants
Major's Accounts & Co Ltd
118 Sydenham Road
Sydenham
London
SE26 5JX
AST BUILDING CONTRACTORS LTD
Statement of financial position
as at
31 October 2018
Tangible assets
37,412
45,624
Cash at bank and in hand
29,804
12,395
Creditors: amounts falling due within one year
(22,843)
(34,917)
Net current assets/(liabilities)
7,436
(20,663)
Total assets less current liabilities
44,848
24,961
Creditors: amounts falling due after more than one year
(18,786)
(24,885)
Called up share capital
1
1
Profit and loss account
26,061
75
Shareholders' funds
26,062
76
For the year ending 31 October 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 director acknowledges his 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 15 July 2019.
Astrit Salihaj
Director
Company Registration No. 08742048
AST BUILDING CONTRACTORS LTD
Notes to the Accounts
for the year ended 31 October 2018
AST BUILDING CONTRACTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 08742048. The registered office is 530B LEA BRIDGE ROAD, LEYTON, LONDON, E10 7DT.
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
18% reducing balance
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 November 2017
58,796
At 31 October 2018
58,796
At 1 November 2017
13,172
Charge for the year
8,212
At 31 October 2018
21,384
At 31 October 2018
37,412
At 31 October 2017
45,624
AST BUILDING CONTRACTORS LTD
Notes to the Accounts
for the year ended 31 October 2018
6
Creditors: amounts falling due within one year
2018
2017
Obligations under finance leases and hire purchase contracts
7,966
8,005
Taxes and social security
13,030
17,378
Loans from directors
1,847
1,076
7
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
18,786
24,885
8
Share capital
2018
2017
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 3 (2017: 2).