REGISTERED NUMBER: SC170781 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

A & D PIPEWORK (SOUTH) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L ee

P Fee

SECRETARY:

Mrs E D M Fee

REGISTERED OFFICE:

5 Kings Court

Falkirk

FK1 1PG

REGISTERED NUMBER:

SC170781 (Scotland)

ACCOUNTANTS:

Martin Robertson Associates Ltd

5 Kings Court

Falkirk

FK1 1PG

FIXED ASSETS

Tangible assets

3

23,408

24,056

CURRENT ASSETS

Cash at bank

16,688

45,013

CREDITORS

Amounts falling due within one year

4

(549

)

(18

)

NET CURRENT ASSETS

16,139

44,995

TOTAL ASSETS LESS CURRENT LIABILITIES

39,547

69,051

CAPITAL AND RESERVES

Called up share capital

602

602

Retained earnings

38,945

68,449

SHAREHOLDERS' FUNDS

39,547

69,051

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 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 18 December 2018 and were signed on its behalf by:

L ee - Director

1.	STATUTORY INFORMATION

A & D Pipework (South) Ltd is a private company, limited by shares , registered in Scotland. 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.

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

Financial instruments

All financial assets and liabilities are measured at fair value. The fair value of an asset or liability at the year-end

is the amount for which it could be exchanged or settled, on that date between two transactions under market

conditions knowledgeable, willing parties in an arms length transaction.

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.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2017

and 31 March 2018

32,413

4,529

36,942

DEPRECIATION

At 1 April 2017

8,357

4,529

12,886

Charge for year

648

-

648

At 31 March 2018

9,005

4,529

13,534

NET BOOK VALUE

At 31 March 2018

23,408

-

23,408

At 31 March 2017

24,056

-

24,056

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Other creditors

549

18

5.	RELATED PARTY DISCLOSURES

Mr Laurence Fee controls the company.