Company Registration No. 9087521 (England and Wales)
Building Masters LTD
Unaudited accounts
for the year ended 30 June 2019
Building Masters LTD
Unaudited accounts
Contents
Building Masters LTD
Company Information
for the year ended 30 June 2019
Company Number
9087521 (England and Wales)
Registered Office
4 St. Margarets Close
Iver
SL0 0DB
Accountants
C & Y Associates LTD
344-348 High Road
Ilford
Essex
IG1 1QP
Building Masters LTD
Statement of financial position
as at
30 June 2019
Tangible assets
3,851
4,697
Cash at bank and in hand
8,114
5,332
Creditors: amounts falling due within one year
(9,306)
(8,529)
Net current liabilities
(1,192)
(3,197)
Called up share capital
100
100
Profit and loss account
2,559
1,400
Shareholders' funds
2,659
1,500
For the year ending 30 June 2019 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 26 November 2019.
Sandeep SINGH
Director
Company Registration No. 9087521
Building Masters LTD
Notes to the Accounts
for the year ended 30 June 2019
Building Masters LTD is a private company, limited by shares, registered in England and Wales, registration number 9087521. The registered office is 4 St. Margarets Close, Iver, SL0 0DB .
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% on reducing balance method
Computer equipment
18% on reducing balance method
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2018
5,175
3,013
8,188
At 30 June 2019
5,175
3,013
8,188
At 1 July 2018
2,949
542
3,491
Charge for the year
401
445
846
At 30 June 2019
3,350
987
4,337
At 30 June 2019
1,825
2,026
3,851
At 30 June 2018
2,226
2,471
4,697
Building Masters LTD
Notes to the Accounts
for the year ended 30 June 2019
5
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
3,506
6,030
Proposed dividends
2,600
-
6
Average number of employees
During the year the average number of employees was 2 (2018: 2).