TAD Construction Projects Limited - Accounts to registrar (filleted) - small 18.2

TAD Construction Projects Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 08986754(England and Wales)















TAD CONSTRUCTION PROJECTS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018






TAD CONSTRUCTION PROJECTS LIMITED (REGISTERED NUMBER: 08986754)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


TAD CONSTRUCTION PROJECTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTOR: T A Doyle





REGISTERED OFFICE: The Exchange
5 Bank Street
Bury
BL9 0DN





REGISTERED NUMBER: 08986754(England and Wales)





ACCOUNTANTS: DTE Business Advisers Limited
Chartered Accountants
The Exchange
5 Bank Street
Bury
BL9 0DN

TAD CONSTRUCTION PROJECTS LIMITED (REGISTERED NUMBER: 08986754)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2018

2018 2017
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 8,769 11,203

CURRENT ASSETS
Debtors 5 5,327 19,209
Cash at bank and in hand 28,811 28,043
34,138 47,252
CREDITORS
Amounts falling due within one year 6 (40,309 ) (76,536 )
NET CURRENT LIABILITIES (6,171 ) (29,284 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,598

(18,081

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,498 (18,181 )
SHAREHOLDERS' FUNDS 2,598 (18,081 )

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 4 December 2018and were signed by:





T A Doyle- Director


TAD CONSTRUCTION PROJECTS LIMITED (REGISTERED NUMBER: 08986754)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

TAD Construction Projects Limited is a private company, limited by shares, registered in England and Wales.
The company's registered number is 08986754 and the registered office address is The Exchange, 5 Bank Street,
Bury, BL9 0DN.

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.

The director has considered the business risks and believes that the company is well placed to manage these risks
successfully, thus the going concern basis of accounting has been adopted in preparing these financial statements.

Significant accounting judgements and estimates
There are currently no significant accounting estimates or judgements applied by the director which are
considered key to the preparation of the financial statements.

Revenue
Revenue represents the aggregate of the fair value of the sales of goods and services provided, net of value added
tax.

Revenue is recognised when a right to consideration has been obtained through performance under each contract.
Consideration accrues as contract activity progresses by reference to the value of the work performed. Revenue
is not recognised where the right to receive payment is contingent on events outside the control of the company.

Unbilled revenue is included in debtors as 'Amounts recoverable on contracts'.

Property, plant and equipment
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 and 25% on cost

The residual values, estimated useful lives and depreciation method of property, plant and equipment are
reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision
are recognised in the income statement when the change arises.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial
assets and liabilities like trade and other accounts receivable and payable and loans from other third parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for
objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised
in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost,
being the transaction price less any amounts settled.


TAD CONSTRUCTION PROJECTS LIMITED (REGISTERED NUMBER: 08986754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

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 the income statement in the period to which they relate.

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short term liquid
investments with original maturities of three months or less.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3(2017 - 2) .

TAD CONSTRUCTION PROJECTS LIMITED (REGISTERED NUMBER: 08986754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2017 25,828
Additions 623
At 31 March 2018 26,451
DEPRECIATION
At 1 April 2017 14,625
Charge for year 3,057
At 31 March 2018 17,682
NET BOOK VALUE
At 31 March 2018 8,769
At 31 March 2017 11,203

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 5,327 8,111
Amounts recoverable on contract - 11,098
5,327 19,209

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 12,830 36,191
Taxation and social security 5,216 12,867
Other creditors 22,263 27,478
40,309 76,536