Company Registration No. 6156588 (England and Wales)
MULTI UTILITY + SURFACING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017
PAGES FOR FILING WITH REGISTRAR
MULTI UTILITY + SURFACING LIMITED
COMPANY INFORMATION
Directors
J Riddle
P Henman
Company number
6156588
Registered office
7 Shaftesbury Drive
Stotfold
Hitchin
Herts
SG5 4FS
MULTI UTILITY + SURFACING LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
MULTI UTILITY + SURFACING LIMITED
BALANCE SHEET
AS AT
31 MARCH 2017
31 March 2017
- 1 -
2017
2016
Notes
£
£
£
£
Fixed assets
Tangible assets
2
60,205
274
Current assets
Stock and work in progress
5,220
18,670
Debtors
3
634,727
439,603
Cash at bank and in hand
576,037
177,187
1,215,984
635,460
Creditors: amounts falling due within one year
4
(300,096)
(217,097)
Net current assets
915,888
418,363
Total assets less current liabilities
976,093
418,637
Capital and reserves
Called up share capital
5
1
1
Profit and loss reserves
976,092
418,636
Total equity
976,093
418,637

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Directors' responsibilities:

 

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

The financial statements were approved by the board of directors and authorised for issue on 21 December 2017 and are signed on its behalf by:
J Riddle
Director
Company Registration No. 6156588
MULTI UTILITY + SURFACING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017
- 2 -
1
Accounting policies
Company information

Multi Utility + Surfacing Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Shaftesbury Drive, Stotfold, Hitchin, Herts, SG5 4FS.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% reducing balance
Office Equipment
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

MULTI UTILITY + SURFACING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2017
- 3 -
2
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2016
650
Additions
80,000
At 31 March 2017
80,650
Depreciation and impairment
At 1 April 2016
376
Depreciation charged in the year
20,069
At 31 March 2017
20,445
Carrying amount
At 31 March 2017
60,205
At 31 March 2016
274
3
Debtors
2017
2016
Amounts falling due within one year:
£
£
Trade debtors
225,761
439,603
Other debtors
408,966
-
634,727
439,603
4
Creditors: amounts falling due within one year
2017
2016
£
£
Trade creditors
4,263
11,430
Corporation tax
148,901
82,233
Other taxation and social security
145,282
121,784
Other creditors
1,650
1,650
300,096
217,097
MULTI UTILITY + SURFACING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2017
- 4 -
5
Called up share capital
2017
2016
£
£
Ordinary share capital
Authorised
100 Ordinary of £1 each
100
100
Issued and fully paid
1 Ordinary of £1 each
1
1
2017-03-312016-04-01falseCCH SoftwareCCH Accounts Production 2017.200No description of principal activity61565882016-04-012017-03-316156588bus:Director12016-04-012017-03-316156588bus:Director22016-04-012017-03-316156588bus:RegisteredOffice2016-04-012017-03-3161565882017-03-3161565882016-03-316156588core:OtherPropertyPlantEquipment2017-03-316156588core:OtherPropertyPlantEquipment2016-03-316156588core:CurrentFinancialInstruments2017-03-316156588core:CurrentFinancialInstruments2016-03-316156588core:Non-currentFinancialInstruments2017-03-316156588core:ShareCapital2017-03-316156588core:ShareCapital2016-03-316156588core:RetainedEarningsAccumulatedLosses2017-03-316156588core:RetainedEarningsAccumulatedLosses2016-03-316156588bus:SmallCompaniesRegimeForAccounts2016-04-012017-03-316156588core:PlantMachinery2016-04-012017-03-316156588core:FurnitureFittings2016-04-012017-03-316156588core:OtherPropertyPlantEquipment2016-03-316156588core:OtherPropertyPlantEquipment2016-04-012017-03-316156588bus:PrivateLimitedCompanyLtd2016-04-012017-03-316156588bus:FRS1022016-04-012017-03-316156588bus:AuditExempt-NoAccountantsReport2016-04-012017-03-316156588bus:FullAccounts2016-04-012017-03-31xbrli:purexbrli:sharesiso4217:GBP