S & S Site Services (Nationwide) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04753338 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2020

FOR

S & S SITE SERVICES (NATIONWIDE) LIMITED

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

R S Garvey

REGISTERED OFFICE:

Unit 51

Kelleythorpe Industrial Estate

Driffield

East Yorkshire

YO25 9DJ

REGISTERED NUMBER:

04753338 (England and Wales)

ACCOUNTANTS:

Bradbury & Co (Accountants) Limited

34 Middle Street South

Driffield

East Yorkshire

YO25 6PS

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S & S Site Services (Nationwide) Limited for the year ended 30 June 2020 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of S & S Site Services (Nationwide) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of S & S Site Services (Nationwide) Limited and state those matters that we have agreed to state to the director of S & S Site Services (Nationwide) Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that S & S Site Services (Nationwide) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of S & S Site Services (Nationwide) Limited. You consider that S & S Site Services (Nationwide) Limited 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 financial statements of S & S Site Services (Nationwide) Limited. 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 financial statements.

Bradbury & Co (Accountants) Limited

34 Middle Street South

Driffield

East Yorkshire

YO25 6PS

Date: .............................................

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

247,012

263,862

247,012

263,862

CURRENT ASSETS

Stocks

77,100

88,286

Debtors

6

110,817

209,949

Cash at bank and in hand

174,177

127,618

362,094

425,853

CREDITORS

Amounts falling due within one year

7

(140,398

)

(274,679

)

NET CURRENT ASSETS

221,696

151,174

TOTAL ASSETS LESS CURRENT LIABILITIES

468,708

415,036

PROVISIONS FOR LIABILITIES

(17,100

)

(17,100

)

NET ASSETS

451,608

397,936

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

451,508

397,836

SHAREHOLDERS' FUNDS

451,608

397,936

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 20 April 2021 and were signed by:

R S Garvey - Director

1.	STATUTORY INFORMATION

S & S Site Services (Nationwide) Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of seven years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 16 (2019 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2019

and 30 June 2020

49,000

AMORTISATION

At 1 July 2019

and 30 June 2020

49,000

NET BOOK VALUE

At 30 June 2020

-

At 30 June 2019

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2019

and 30 June 2020

178,000

152,138

330,138

DEPRECIATION

At 1 July 2019

9,045

57,231

66,276

Charge for year

8,873

7,977

16,850

At 30 June 2020

17,918

65,208

83,126

NET BOOK VALUE

At 30 June 2020

160,082

86,930

247,012

At 30 June 2019

168,955

94,907

263,862

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

92,313

192,391

Other debtors

18,504

17,558

110,817

209,949

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

12,749

70,372

Taxation and social security

109,967

107,486

Other creditors

17,682

96,821

140,398

274,679