SCM Services (Berkshire) Ltd - Limited company accounts 16.3

REGISTERED NUMBER: 08961227 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

SCM SERVICES (BERKSHIRE) LTD

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

S Mainwaring

SECRETARY:

S Mainwaring

REGISTERED OFFICE:

13 Meadow Way

Old Windsor

Berkshire

SL4 2NX

REGISTERED NUMBER:

08961227 (England and Wales)

ACCOUNTANTS:

Stiles & Company

Chartered Certified Accountants

2 Lake End Court

Taplow

Maidenhead

Berkshire

SL6 0JQ

The director presents his report with the financial statements of the company for the year ended 31 March 2017.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Administration, handyman and estate management

DIRECTOR

S Mainwaring held office during the whole of the period from 1 April 2016 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

S Mainwaring - Director

10 August 2017

TURNOVER

38,033

40,274

Cost of sales

788

641

GROSS PROFIT

37,245

39,633

Administrative expenses

13,599

12,561

OPERATING PROFIT and

PROFIT BEFORE TAXATION

23,646

27,072

Tax on profit

4,729

5,414

PROFIT FOR THE FINANCIAL YEAR

18,917

21,658

CURRENT ASSETS

Debtors

4

-

5,000

Cash at bank

13,213

24,475

13,213

29,475

CREDITORS

Amounts falling due within one year

5

12,519

29,698

NET CURRENT ASSETS/(LIABILITIES)

694

(223

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

694

(223

)

CAPITAL AND RESERVES

Called up share capital

6

100

Retained earnings

7

594

(323

)

SHAREHOLDERS' FUNDS

694

(223

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 10 August 2017 and were signed by:

S Mainwaring - Director

1.	STATUTORY INFORMATION

SCM Services (Berkshire) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Trade debtors

-

5,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Taxation and social security

4,729

5,415

Other creditors

7,790

24,283

12,519

29,698

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

100

Ordinary

£1

100

7.

RESERVES

Retained

earnings

£

At 1 April 2016

(323

)

Profit for the year

18,917

Dividends

(18,000

)

At 31 March 2017

594