P.l.s Groundworks Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07782432 (England and Wales)

Unaudited Financial Statements

for the Period 1 October 2016 to 31 March 2018

for

P.l.s Groundworks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J A Percival

SECRETARY:

REGISTERED OFFICE:

Ledbury

Willow Street

Oswestry

Shropshire

SY11 1AJ

REGISTERED NUMBER:

07782432 (England and Wales)

ACCOUNTANTS:

Welch and Ellis

Ledbury

Willow Street

Oswestry

Shropshire

SY11 1AJ

FIXED ASSETS

Tangible assets

3

49,789

CURRENT ASSETS

Debtors

4

92,456

Cash at bank and in hand

69,139

161,595

CREDITORS

Amounts falling due within one year

5

32,368

NET CURRENT ASSETS

129,227

TOTAL ASSETS LESS CURRENT LIABILITIES

179,016

CREDITORS

Amounts falling due after more than one year

6

15,124

NET ASSETS

163,892

CAPITAL AND RESERVES

Called up share capital

2

Other reserves

176,158

Retained earnings

(12,268

)

163,892

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 30 June 2018 and were signed by:

J A Percival - Director

1.	STATUTORY INFORMATION

P.l.s Groundworks 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 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.

Taxation

Taxation for the period 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

period 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.

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.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

54,378

At 31 March 2018

54,378

DEPRECIATION

Charge for period

4,589

At 31 March 2018

4,589

NET BOOK VALUE

At 31 March 2018

49,789

4.

DEBTORS

£

Amounts falling due within one year:

Trade debtors

14,461

Other debtors

11,946

26,407

Amounts falling due after more than one year:

Amounts recoverable on contract

42,543

Other debtors

23,506

66,049

Aggregate amounts

92,456

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

2,122

Taxation and social security

36,576

Other creditors

(6,330

)

32,368

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Taxation and social security

15,124