Champion Construction Limited - Accounts to registrar (filleted) - small 18.1

Champion Construction Limited - Accounts to registrar (filleted) - small 18.1

CHAMPION CONSTRUCTION LTD - Company Information

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REGISTERED NUMBER: 07869163 (England and Wales)















Unaudited Financial Statements

for the Year Ended

28 February 2018

for

Champion Construction Limited
The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP








Champion Construction Limited (Registered number: 07869163)

Contents of the Financial Statements
for the Year Ended 28 February 2018










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Champion Construction Limited

Company Information
for the Year Ended 28 February 2018







DIRECTORS: C A Andrews
Miss M Timson





SECRETARY: C A Andrews





REGISTERED OFFICE: Charnwood House
Harcourt Way
Meridian Business Park
Leicestershire
LE19 1WP





REGISTERED NUMBER: 07869163 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP
Page 1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Champion Construction Limited


The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain
other primary statements and the Report of the Directors are not required to be filed with the
Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Champion Construction Limited for the year ended 28 February 2018
which comprise the Income Statement, Balance Sheet and the related notes from the company's
accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Champion Construction Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Champion Construction Limited and state those matters that we have agreed to state to the Board of Directors of Champion Construction Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Champion Construction Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Champion Construction Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Champion Construction Limited. You consider that Champion Construction Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Champion Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


25 July 2018

This page does not form part of the statutory financial statements

Page 2
Champion Construction Limited (Registered number: 07869163)

Balance Sheet
28 February 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 735 144

CURRENT ASSETS
Cash at bank 81,444 71,483

CREDITORS
Amounts falling due within one year 5 31,234 34,592
NET CURRENT ASSETS 50,210 36,891
TOTAL ASSETS LESS CURRENT
LIABILITIES
50,945
37,035

PROVISIONS FOR LIABILITIES 140 29
NET ASSETS 50,805 37,006

CAPITAL AND RESERVES
Called up share capital 6 200 200
Retained earnings 50,605 36,806
SHAREHOLDERS' FUNDS 50,805 37,006

The notes form part of these financial statements

Page 3 continued...
Champion Construction Limited (Registered number: 07869163)

Balance Sheet - continued
28 February 2018


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 25 July 2018 and were signed on its
behalf by:





C A Andrews - Director


The notes form part of these financial statements

Page 4
Champion Construction Limited (Registered number: 07869163)

Notes to the Financial Statements
for the Year Ended 28 February 2018


1. STATUTORY INFORMATION

Champion Construction 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 the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on cost

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 2 (2017 - 1 ) .

Page 5 continued...
Champion Construction Limited (Registered number: 07869163)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2017 1,393
Additions 852
At 28 February 2018 2,245
DEPRECIATION
At 1 March 2017 1,249
Charge for year 261
At 28 February 2018 1,510
NET BOOK VALUE
At 28 February 2018 735
At 28 February 2017 144

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade creditors 1,078 1,275
Corporation tax 16,379 18,855
Social security and other taxes 60 -
VAT 7,198 7,674
Directors' current accounts 24 288
Accrued expenses 6,495 6,500
31,234 34,592

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.18 28.2.17
value: £    £   
200 Ordinary £1 200 200

Page 6