Registration number:
S S Construction (Wales) Ltd
for the Year Ended 31 May 2018
First Floor
Bank House
9 Bridge Street
Newcastle Emlyn
Carmarthenshire
SA38 9DX
S S Construction (Wales) Ltd
Contents
Company Information |
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Accountants' Report |
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Abridged Balance Sheet |
S S Construction (Wales) Ltd
Company Information
Director |
Mr Stephen Sean Hazelby |
Registered office |
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Accountants |
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Page 1 |
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
S S Construction (Wales) Ltd
for the Year Ended 31 May 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of S S Construction (Wales) Ltd for the year ended 31 May 2018 as set out on pages 3 to 3 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of S S Construction (Wales) Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of S S Construction (Wales) Ltd and state those matters that we have agreed to state to the Board of Directors of S S Construction (Wales) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S S Construction (Wales) Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that S S Construction (Wales) 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 S S Construction (Wales) Ltd. You consider that S S Construction (Wales) 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 S S Construction (Wales) 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.
......................................
Bank House
9 Bridge Street
Newcastle Emlyn
Carmarthenshire
SA38 9DX
Page 2 |
S S Construction (Wales) Ltd
(Registration number: 09044390)
Abridged Balance Sheet as at 31 May 2018
Note |
2018 |
2017 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current (liabilities)/assets |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial year ending 31 May 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
.........................................
Mr Stephen Sean Hazelby
Director
Page 3 |
S S Construction (Wales) Ltd
Detailed Profit and Loss Account for the Year Ended 31 May 2018
2018 |
2017 |
|
Turnover (analysed below) |
443,761 |
667,561 |
Cost of sales (analysed below) |
(373,585) |
(538,903) |
Gross profit |
70,176 |
128,658 |
Gross profit (%) |
15.81% |
19.27% |
Administrative expenses |
||
Establishment costs (analysed below) |
(17,349) |
(24,903) |
General administrative expenses (analysed below) |
(52,114) |
(71,034) |
Finance charges (analysed below) |
(1,863) |
(1,454) |
Depreciation costs (analysed below) |
(4,739) |
(5,280) |
(76,065) |
(102,671) |
|
Operating (loss)/profit |
(5,889) |
25,987 |
Interest payable and similar expenses (analysed below) |
- |
(3,580) |
(Loss)/profit before tax |
(5,889) |
22,407 |
Page 4 |
S S Construction (Wales) Ltd
Detailed Profit and Loss Account for the Year Ended 31 May 2018
2018 |
2017 |
Turnover |
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Sales |
443,761 |
667,561 |
Cost of sales |
||
Purchases |
10,177 |
6,506 |
Sub-Contractors |
363,408 |
532,397 |
373,585 |
538,903 |
Establishment costs |
||
Insurance |
(2,305) |
(4,333) |
Repairs and renewals |
(11,964) |
(17,570) |
Loose Tools |
(3,080) |
(3,000) |
(17,349) |
(24,903) |
General administrative expenses |
||
Telephone and fax |
(483) |
- |
Mobile Telephone |
(2,169) |
(1,962) |
Printing, postage and stationery |
(336) |
(500) |
Trade subscriptions |
(1,000) |
(1,331) |
Protective Clothing |
(350) |
(300) |
Hire of plant and machinery (Operating leases) |
(4,326) |
(3,512) |
Lease of motor vehicles (Operating leases) |
(3,955) |
(2,231) |
Sundry expenses |
(14) |
(217) |
Fuel |
(16,721) |
(20,839) |
Vehicle Insurance and Tax |
(1,490) |
(2,212) |
Travel and subsistence |
(5,993) |
(6,151) |
Advertising |
(11,542) |
(20,617) |
Accountancy fees |
(1,037) |
(1,316) |
Legal and professional fees |
(2,698) |
(9,846) |
(52,114) |
(71,034) |
Finance charges |
||
Bank charges |
(1,863) |
(1,454) |
Depreciation costs |
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Depreciation of plant and machinery (owned) |
(3,676) |
(5,155) |
Depreciation of motor vehicles (owned) |
(950) |
- |
Depreciation of office equipment (owned) |
(113) |
(125) |
(4,739) |
(5,280) |
Page 5 |