Company Registration No. 4891983 (England and Wales)
Leicestershire Carpentry Services Limited
Unaudited accounts
for the period from 1 October 2018 to 31 March 2019
Leicestershire Carpentry Services Limited
Unaudited accounts
Contents
Leicestershire Carpentry Services Limited
Company Information
for the period from 1 October 2018 to 31 March 2019
Company Number
4891983 (England and Wales)
Registered Office
12 Cross Lane
Mountsorrel
Loughborough
Leicestershire
LE12 7BY
Accountants
Keighwood Ltd
Keighwood House
12 The Range
Langham, Oakham
Rutland
LE15 7EB
Leicestershire Carpentry Services Limited
Statement of financial position
as at
31 March 2019
Tangible assets
1,135
1,300
Cash at bank and in hand
6,586
19,062
Creditors: amounts falling due within one year
(20,466)
(21,934)
Net current assets/(liabilities)
154
(346)
Total assets less current liabilities
1,289
954
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
1,287
702
Shareholders' funds
1,289
704
For the period ending 31 March 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 2 October 2019.
R F Hughes
Director
Company Registration No. 4891983
Leicestershire Carpentry Services Limited
Notes to the Accounts
for the period from 1 October 2018 to 31 March 2019
Leicestershire Carpentry Services Limited is a private company, limited by shares, registered in England and Wales, registration number 4891983. The registered office is 12 Cross Lane, Mountsorrel, Loughborough, Leicestershire, LE12 7BY.
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 period, 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
25% reducing value
Motor vehicles
25% reducing value
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Leicestershire Carpentry Services Limited
Notes to the Accounts
for the period from 1 October 2018 to 31 March 2019
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2018
12,690
10,250
22,940
At 31 March 2019
12,690
10,250
22,940
At 1 October 2018
11,895
9,745
21,640
Charge for the period
65
100
165
At 31 March 2019
11,960
9,845
21,805
At 31 March 2019
730
405
1,135
At 30 September 2018
795
505
1,300
Finished goods
1,250
1,250
7
Creditors: amounts falling due within one year
2019
2018
Trade creditors
5,527
5,048
Taxes and social security
12,765
16,786
Loans from directors
2,074
-
8
Share capital
2019
2018
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the period the average number of employees was 2 (2018: 2).