P J Linnane (Building Contractor) Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04724805 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

P J Linnane (Building Contractor) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P J Linnane

SECRETARY:

Mrs J Linnane

REGISTERED OFFICE:

Flat 2

20 Harlow Moor Drive

Harrogate

North Yorkshire

HG2 0JX

REGISTERED NUMBER:

04724805 (England and Wales)

ACCOUNTANTS:

A.G.L. Accountancy Services Limited

Flat 2

20 Harlow Moor Drive

Harrogate

North Yorkshire

HG2 0JX

FIXED ASSETS

Tangible assets

4

445

445

CURRENT ASSETS

Debtors

5

20,833

3,348

Cash at bank

9,931

4,878

30,764

8,226

CREDITORS

Amounts falling due within one year

6

16,731

7,042

NET CURRENT ASSETS

14,033

1,184

TOTAL ASSETS LESS CURRENT LIABILITIES

14,478

1,629

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

14,476

1,627

SHAREHOLDERS' FUNDS

14,478

1,629

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

The members have not required the company to obtain an audit of its financial statements for the year 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 29 June 2018 and were signed by:

P J Linnane - Director

1.	STATUTORY INFORMATION

P J Linnane (Building Contractor) 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.

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

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.

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 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

and 31 March 2018

13,520

DEPRECIATION

At 1 April 2017

and 31 March 2018

13,075

NET BOOK VALUE

At 31 March 2018

445

At 31 March 2017

445

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

20,833

3,263

Other debtors

-

85

20,833

3,348

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

5,934

155

Taxation and social security

8,390

5,896

Other creditors

2,407

991

16,731

7,042