Company Registration No. 08759090 (England and Wales)
Seymour Building Company Limited
Unaudited accounts
for the year ended 31 March 2020
Seymour Building Company Limited
Unaudited accounts
Contents
Seymour Building Company Limited
Company Information
for the year ended 31 March 2020
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 (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2020.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2020. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
MC Accountancy Limited
4 Catterick Road
Bicester
Oxfordshire
OX26 1AW
29 May 2020
Seymour Building Company Limited
Statement of financial position
as at
31 March 2020
Cash at bank and in hand
243,048
171,070
Creditors: amounts falling due within one year
(111,073)
(94,599)
Net current assets
303,405
156,267
Total assets less current liabilities
303,405
164,310
Provisions for liabilities
Net assets
303,405
162,782
Called up share capital
150
150
Profit and loss account
303,255
162,632
Shareholders' funds
303,405
162,782
For the year ending 31 March 2020 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.
The financial statements were approved by the Board and authorised for issue on 29 May 2020 and were signed on its behalf by
Clive Seymour
Director
Company Registration No. 08759090
Seymour Building Company Limited
Notes to the Accounts
for the year ended 31 March 2020
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.
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
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.
4
Intangible fixed assets
Goodwill
Seymour Building Company Limited
Notes to the Accounts
for the year ended 31 March 2020
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2019
2,573
32,408
34,981
At 31 March 2020
2,573
32,408
34,981
At 1 April 2019
2,274
24,664
26,938
Charge for the year
299
7,744
8,043
At 31 March 2020
2,573
32,408
34,981
At 31 March 2019
299
7,744
8,043
Trade debtors
171,280
47,719
Accrued income and prepayments
-
31,927
7
Creditors: amounts falling due within one year
2020
2019
Trade creditors
22,744
35,254
Taxes and social security
79,823
49,996
Loans from directors
4,986
5,018
8
Share capital
2020
2019
Allotted, called up and fully paid:
150 Ordinary shares of £1 each
150
150
Seymour Building Company Limited
Notes to the Accounts
for the year ended 31 March 2020
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors'Loan Account
(5,018)
32
-
(4,986)
Transactions took place through the Directors' account during the year totaling £32. these represent amounts paid / credited by / to Clive Seymour,
Amounts owed to Clive Seymour totaled £4,986 to 31 March 2020 (2019 - £5,018)
10
Average number of employees
During the year the average number of employees was 3 (2019: 3).