REGISTERED NUMBER: 04235399 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2017

FOR

A&R SCAFFOLDING (COTSWOLDS) LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

DIRECTORS:

R M Wellings

A F Swirski

SECRETARY:

R M Wellings

REGISTERED OFFICE:

Wisloe Road

Cambridge

Dursley

Gloucestershire

GL2 7AF

REGISTERED NUMBER:

04235399 (England and Wales)

ACCOUNTANT:

Sarah Garside FCA

6 Longway Avenue

Charlton Kings

Cheltenham

Gloucestershire

GL53 9JL

FIXED ASSETS

Tangible assets

4

29,091

36,785

CURRENT ASSETS

Debtors

5

360,185

287,467

Cash in hand

-

100

360,185

287,567

CREDITORS

Amounts falling due within one year

6

303,286

243,961

NET CURRENT ASSETS

56,899

43,606

TOTAL ASSETS LESS CURRENT LIABILITIES

85,990

80,391

CREDITORS

Amounts falling due after more than one year

7

26,188

32,138

NET ASSETS

59,802

48,253

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

59,702

48,153

SHAREHOLDERS' FUNDS

59,802

48,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors on 26 April 2018 and were signed on its behalf by:

R M Wellings - Director

1.	STATUTORY INFORMATION

A&R Scaffolding (Cotswolds) 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.

FIRST YEAR ADOPTION OF FINANCIAL REPORTING STANDARD 102 ( FRS 102) SECTION 1A

These financial statements for the year ended 31 July 2017 are the first that are prepared in accordance with

FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of

transition to FRS 102 Section 1A is 1 August 2015.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Turnover is recognised when scaffolding has been delivered in accordance with the customers instructions.

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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2016

and 31 July 2017

155,604

1,314

47,017

2,041

205,976

DEPRECIATION

At 1 August 2016

125,588

1,314

40,248

2,041

169,191

Charge for year

6,003

-

1,691

-

7,694

At 31 July 2017

131,591

1,314

41,939

2,041

176,885

NET BOOK VALUE

At 31 July 2017

24,013

-

5,078

-

29,091

At 31 July 2016

30,016

-

6,769

-

36,785

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Trade debtors

336,980

282,232

Other debtors

474

474

Tax

4,761

4,761

Prepayments

17,970

-

360,185

287,467

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Bank loans and overdrafts

30,392

28,028

Trade creditors

141,709

116,155

Tax

6,498

-

Social security and other taxes

53,744

34,719

VAT

48,042

50,566

Other creditors

-

36

Directors' current accounts

21,901

13,457

Accrued expenses

1,000

1,000

303,286

243,961

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.17

31.7.16

£

£

Bank loans - 2-5 years

26,188

32,138

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the two directors R M Wellings and A F Swirski who each own 50% of the

issued share capital.