A & T Surfacing Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05662276 (England and Wales)

A & T Surfacing Ltd

Unaudited Financial Statements for the Year Ended 30 November 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T N Slater

G C P Etchells

REGISTERED OFFICE:

Construction House

Green Lane

Heywood

Lancashire

OL10 1NE

REGISTERED NUMBER:

05662276 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,068,551

1,050,317

CURRENT ASSETS

Debtors

5

2,117,721

2,191,001

Prepayments and accrued income

-

1,829

Cash at bank

2,377,807

1,727,028

4,495,528

3,919,858

CREDITORS

Amounts falling due within one year

6

1,021,345

1,489,822

NET CURRENT ASSETS

3,474,183

2,430,036

TOTAL ASSETS LESS CURRENT LIABILITIES

4,542,734

3,480,353

CREDITORS

Amounts falling due after more than one year

7

88,649

77,017

NET ASSETS

4,454,085

3,403,336

CAPITAL AND RESERVES

Called up share capital

8

1,104

1,104

Retained earnings

9

4,452,981

3,402,232

SHAREHOLDERS' FUNDS

4,454,085

3,403,336

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

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

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 7 May 2020 and were signed on its behalf by:

T N Slater - Director

G C P Etchells - Director

1.	STATUTORY INFORMATION

A & T Surfacing 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipmt

-

15% on reducing balance

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2018 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Office

machinery

fittings

vehicles

equipmt

Totals

£

£

£

£

£

COST

At 1 December 2018

1,564,837

4,795

451,953

6,677

2,028,262

Additions

217,726

5,885

159,364

603

383,578

Disposals

(195,000

)

-

-

-

(195,000

)

At 30 November 2019

1,587,563

10,680

611,317

7,280

2,216,840

DEPRECIATION

At 1 December 2018

665,336

3,709

306,449

2,451

977,945

Charge for year

146,456

1,047

76,228

726

224,457

Eliminated on disposal

(54,113

)

-

-

-

(54,113

)

At 30 November 2019

757,679

4,756

382,677

3,177

1,148,289

NET BOOK VALUE

At 30 November 2019

829,884

5,924

228,640

4,103

1,068,551

At 30 November 2018

899,501

1,086

145,504

4,226

1,050,317

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.19

30.11.18

£

£

Trade debtors

1,011,901

2,035,276

Other debtors

1,101,300

116,300

VAT

-

39,425

Prepayments and accrued income

4,520

-

2,117,721

2,191,001

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.19

30.11.18

£

£

Hire purchase contracts

90,362

134,422

Trade creditors

622,788

1,166,457

Tax

253,078

166,900

Social security and other taxes

9,759

18,396

VAT

40,909

-

Pension creditor

-

1

Net Pay Creditor

1,328

-

Directors' current accounts

1,954

1,984

Accrued expenses

1,167

1,662

1,021,345

1,489,822

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.19

30.11.18

£

£

Hire purchase contracts

88,649

77,017

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.19

30.11.18

value:

£

£

1,000

Ordinary

£1

1,000

1,000

100

Ordinary A

£1

100

100

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

1

Ordinary D

£1

1

1

1

ordinary E

£1

1

1

1,104

1,104

9.

RESERVES

Retained

earnings

£

At 1 December 2018

3,402,232

Profit for the year

1,252,938

Dividends

(202,189

)

At 30 November 2019

4,452,981