Steel Erecting Services Ltd - Accounts to registrar (filleted) - small 17.3
Steel Erecting Services Ltd - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 28 February 2017 |
| for |
| STEEL ERECTING SERVICES LIMITED |
| STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |
| Contents of the Financial Statements |
| for the year ended 28 February 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| STEEL ERECTING SERVICES LIMITED |
| Company Information |
| for the year ended 28 February 2017 |
| Director: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| Chartered Accountants |
| Northside House |
| 69 Tweedy Road |
| Bromley |
| Kent |
| BR1 3WA |
| STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |
| Balance Sheet |
| 28 February 2017 |
| 28.2.17 | 29.2.16 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Current assets |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets/(liabilities) | ( |
) |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital | 8 |
| Retained earnings | 9 |
| Shareholders' funds |
| 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. |
| STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |
| Balance Sheet - continued |
| 28 February 2017 |
| 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 |
| STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |
| Notes to the Financial Statements |
| for the year ended 28 February 2017 |
| 1. | Statutory information |
| Steel Erecting Services Limited is a |
| 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 |
| 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 |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| 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. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |
| Notes to the Financial Statements - continued |
| for the year ended 28 February 2017 |
| 4. | Intangible fixed assets |
| Goodwill |
| £ |
| Cost |
| At 1 March 2016 |
| and 28 February 2017 |
| Amortisation |
| At 1 March 2016 |
| and 28 February 2017 |
| Net book value |
| At 28 February 2017 |
| At 29 February 2016 |
| 5. | Tangible fixed assets |
| Fixtures |
| Plant and | and |
| machinery | fittings | Totals |
| £ | £ | £ |
| Cost |
| At 1 March 2016 |
| Additions |
| At 28 February 2017 |
| Depreciation |
| At 1 March 2016 |
| Charge for year |
| At 28 February 2017 |
| Net book value |
| At 28 February 2017 |
| At 29 February 2016 |
| 6. | Debtors: amounts falling due within one year |
| 28.2.17 | 29.2.16 |
| £ | £ |
| Trade debtors |
| Other debtors |
| STEEL ERECTING SERVICES LIMITED (REGISTERED NUMBER: 04993918) |
| Notes to the Financial Statements - continued |
| for the year ended 28 February 2017 |
| 7. | Creditors: amounts falling due within one year |
| 28.2.17 | 29.2.16 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 28.2.17 | 29.2.16 |
| value: | £ | £ |
| Ordinary | £1 | 2 | 2 |
| 9. | Reserves |
| Retained |
| earnings |
| £ |
| At 1 March 2016 |
| Profit for the year |
| Dividends | ( |
) |
| At 28 February 2017 |
| 10. | Related party disclosures |
| During the year, total dividends of £44,000 (2016 - £25,200) were paid to the director . |
| Mr and Mrs Dowler own the property from which the company operates. During the year, the company paid |
| £24,000 (2016: £24,000) in rent to them. |
| 11. | First year adoption |
| The Company has transitioned to FRS 102 from previously being prepared under the historical cost convention |
| and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015) as at |
| 1st March 2016. |
| Reconciliation of equity |
| No transitional adjustments were required. |
| Reconciliation of profit or loss for the year |
| No transitional adjustments were required. |