REGISTERED NUMBER: 04801733 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

A A Pike Construction Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A A Pike

REGISTERED OFFICE:

22 Wessex Park

Bancombe Business Park

Somerton

Somerset

TA11 6SB

REGISTERED NUMBER:

04801733 (England and Wales)

ACCOUNTANTS:

Somerset Accountancy Services Ltd

22 Wessex Park

Bancombe Business Estate

Somerton

Somerset

TA11 6SB

FIXED ASSETS

Intangible assets

4

4,000

5,000

Tangible assets

5

483,744

545,991

487,744

550,991

CURRENT ASSETS

Stocks

960

1,240

Debtors

6

452,120

338,046

Cash at bank

54,518

41,784

507,598

381,070

CREDITORS

Amounts falling due within one year

174,696

153,961

NET CURRENT ASSETS

332,902

227,109

TOTAL ASSETS LESS CURRENT LIABILITIES

820,646

778,100

PROVISIONS FOR LIABILITIES

63,493

91,745

NET ASSETS

757,153

686,355

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

7

120,175

130,845

Retained earnings

636,976

555,508

SHAREHOLDERS' FUNDS

757,153

686,355

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 5 November 2018 and were signed by:

Mr A A Pike - Director

1.	STATUTORY INFORMATION

A A Pike 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 as modified by the revaluation of certain assets.

Changes in accounting policies

Goodwill is now being depreciated at 20% on cost

Freehold Property is now being depreciated at 10% of the valuation at 31.3.17

Turnover

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

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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, 20% on reducing balance and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

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 6 (2017 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2017

and 31 March 2018

5,000

AMORTISATION

Amortisation for year

1,000

At 31 March 2018

1,000

NET BOOK VALUE

At 31 March 2018

4,000

At 31 March 2017

5,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2017

1,015,908

Additions

80,619

Disposals

(29,613

)

Revaluations

(10,670

)

At 31 March 2018

1,056,244

DEPRECIATION

At 1 April 2017

469,917

Charge for year

123,741

Eliminated on disposal

(21,158

)

At 31 March 2018

572,500

NET BOOK VALUE

At 31 March 2018

483,744

At 31 March 2017

545,991

Cost or valuation at 31 March 2018 is represented by:

Totals

£

Valuation in 2016

172,582

Valuation in 2017

(41,737

)

Valuation in 2018

(10,670

)

Cost

936,069

1,056,244

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Other debtors

81,012

-

7.

RESERVES

Revaluation

reserve

£

At 1 April 2017

130,845

Asset revaluation

(10,670

)

At 31 March 2018

120,175