Company Registration No. 08759090 (England and Wales)
Seymour Building Company Limited
Unaudited accounts
for the year ended 31 March 2017
Seymour Building Company Limited
Unaudited accounts
Contents
Seymour Building Company Limited
Company Information
for the year ended 31 March 2017
Company Number
08759090 (England and Wales)
Registered Office
54 CHURCHWAY
HADDENHAM
AYLESBURY
Buckinghamshire
HP17 8HA
England
Accountants
MC Accountancy Limited
4 Catterick Road
Bicester
Oxfordshire
OX26 1AW
Seymour Building Company Limited
Accountants' report
Accountants' report to the director of Seymour Building Company Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Seymour Building Company Limited for the year ended
31 March 2017 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 Seymour Building Company Limited, as a body, in accordance with the terms of our engagement letter dated 25 March 2016. Our work has been undertaken solely to prepare for your approval the accounts of Seymour Building Company 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 Seymour Building Company Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Seymour Building Company 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 profit of Seymour Building Company Limited. You consider that Seymour Building Company 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 Seymour Building Company 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.
MC Accountancy Limited
4 Catterick Road
Bicester
Oxfordshire
OX26 1AW
30 November 2017
Seymour Building Company Limited
Statement of financial position
as at
31 March 2017
Intangible assets
2,000
4,000
Tangible assets
5,557
8,946
Cash at bank and in hand
147,810
118,801
Creditors: amounts falling due within one year
(59,780)
(126,505)
Net current assets
88,592
58,613
Total assets less current liabilities
96,149
71,559
Provisions for liabilities
Deferred tax
(1,111)
(1,789)
Called up share capital
10
10
Profit and loss account
95,028
69,760
Shareholders' funds
95,038
69,770
For the year ending 31 March 2017 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 30 November 2017.
Clive Seymour
Director
Company Registration No. 08759090
Seymour Building Company Limited
Notes to the Accounts
for the year ended 31 March 2017
Seymour Building Company Limited is a private company, limited by shares, registered in England and Wales, registration number 08759090. The registered office is 54 CHURCHWAY, HADDENHAM, AYLESBURY, Buckinghamshire, HP17 8HA, England.
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.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
20% Straight Line
Motor vehicles
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over 5 years (20%). Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Seymour Building Company Limited
Notes to the Accounts
for the year ended 31 March 2017
4
Intangible fixed assets
Goodwill
Charge for the year
2,000
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2016
1,217
16,918
18,135
At 31 March 2017
2,573
16,918
19,491
At 1 April 2016
729
8,460
9,189
Charge for the year
515
4,230
4,745
At 31 March 2017
1,244
12,690
13,934
At 31 March 2017
1,329
4,228
5,557
At 31 March 2016
488
8,458
8,946
Accrued income and prepayments
-
66,307
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
14,954
91,878
Taxes and social security
16,065
6,342
Loans from directors
28,136
27,682
Seymour Building Company Limited
Notes to the Accounts
for the year ended 31 March 2017
8
Share capital
2017
2016
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors'Loan Account
(27,682)
(454)
-
(28,136)
(27,682)
(454)
-
(28,136)
Transactions took place through the Directors' account during the year totalling £454. these represent amounts paid / credited by / to Clive Seymour, these totalled £28,136 to 31 March 2017 (2016 - £27,682)
10
Average number of employees
During the year the average number of employees was 2 (2016: 2).