Berkshire Buildings Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 02890551

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018

FOR

BERKSHIRE BUILDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R.K.H. Taylor

REGISTERED OFFICE:

1 High Street

Thatcham

Berks

RG19 3JG

REGISTERED NUMBER:

02890551

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

3

598

780

Investments

4

670

670

1,268

1,450

CURRENT ASSETS

Stocks

7,400

7,400

Debtors

5

24,885

36,160

Cash at bank and in hand

198,969

183,219

231,254

226,779

CREDITORS

Amounts falling due within one year

6

212,834

196,021

NET CURRENT ASSETS

18,420

30,758

TOTAL ASSETS LESS CURRENT LIABILITIES

19,688

32,208

PROVISIONS FOR LIABILITIES

156

156

NET ASSETS

19,532

32,052

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

7

16,532

29,052

SHAREHOLDERS' FUNDS

19,532

32,052

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 15 May 2018 and were signed by:

R.K.H. Taylor - Director

1.	STATUTORY INFORMATION

Berkshire Buildings Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets

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

Office equipment

-

25% 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 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.	TANGIBLE FIXED ASSETS

Plant and

Office

machinery

equipment

Totals

£

£

£

COST

At 1 February 2017

and 31 January 2018

639

7,468

8,107

DEPRECIATION

At 1 February 2017

377

6,950

7,327

Charge for year

52

130

182

At 31 January 2018

429

7,080

7,509

NET BOOK VALUE

At 31 January 2018

210

388

598

At 31 January 2017

262

518

780

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2017

and 31 January 2018

7,440

PROVISIONS

At 1 February 2017

and 31 January 2018

6,770

NET BOOK VALUE

At 31 January 2018

670

At 31 January 2017

670

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.18

31.1.17

£

£

Trade debtors

20,595

33,226

Other debtors

4,290

2,934

24,885

36,160

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.18

31.1.17

£

£

Trade creditors

21,468

13,800

Amounts owed to group undertakings

125,502

66,252

Taxation and social security

11,907

11,100

Other creditors

53,957

104,869

212,834

196,021

7.

RESERVES

Retained

earnings

£

At 1 February 2017

29,052

Profit for the year

50,052

Dividends

(62,572

)

At 31 January 2018

16,532