Coppermill Building Construction Ltd - Accounts to registrar (filleted) - small 18.2

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019

FOR

COPPERMILL BUILDING CONSTRUCTION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J D Phelps

REGISTERED OFFICE:

1-2 Fishery Cottage

Coppermill Lane

Harefield

Middlesex

UB9 6HZ

REGISTERED NUMBER:

07293218 (England and Wales)

ACCOUNTANTS:

Leonard Mann & Co Limited

Chartered Accountants

2 Fountain Court

Victoria Square

St Albans

AL1 3TF

FIXED ASSETS

Tangible assets

4

22,062

31,739

CURRENT ASSETS

Debtors

5

66,782

23,613

Cash at bank

3,322

14,264

70,104

37,877

CREDITORS

Amounts falling due within one year

6

79,167

58,635

NET CURRENT LIABILITIES

(9,063

)

(20,758

)

TOTAL ASSETS LESS CURRENT LIABILITIES

12,999

10,981

CREDITORS

Amounts falling due after more than one year

7

8,365

16,761

NET ASSETS/(LIABILITIES)

4,634

(5,780

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

4,633

(5,781

)

SHAREHOLDERS' FUNDS

4,634

(5,780

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 30 September 2019 and were signed by:

J D Phelps - Director

1.	STATUTORY INFORMATION

Coppermill Building Construction Ltd is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced work done excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 10% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2018

and 30 June 2019

80,792

DEPRECIATION

At 1 July 2018

49,053

Charge for year

9,677

At 30 June 2019

58,730

NET BOOK VALUE

At 30 June 2019

22,062

At 30 June 2018

31,739

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 July 2018

and 30 June 2019

33,077

DEPRECIATION

At 1 July 2018

14,054

Charge for year

4,755

At 30 June 2019

18,809

NET BOOK VALUE

At 30 June 2019

14,268

At 30 June 2018

19,023

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

2,352

3,821

Other debtors

64,430

19,792

66,782

23,613

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Hire purchase contracts

11,153

8,002

Trade creditors

8,267

5,820

Taxation and social security

21,899

14,813

Other creditors

37,848

30,000

79,167

58,635

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Hire purchase contracts

8,365

16,761

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2019 and

30 June 2018:

2019

2018

£

£

J D Phelps

Balance outstanding at start of year

-

-

Amounts advanced

64,430

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

64,430

-