C W Tomkins Limited - Accounts to registrar (filleted) - small 18.2
C W Tomkins Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| C W TOMKINS LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| C W TOMKINS LIMITED (REGISTERED NUMBER: 06340001) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 8 |
| C W TOMKINS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| BUSINESS ADDRESS: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 14 All Saints Street |
| Stamford |
| Lincolnshire |
| PE9 2PA |
| BANKERS: |
| 30-31 Long Causeway |
| Peterborough |
| Cambridgeshire |
| PE1 1XP |
| C W TOMKINS LIMITED (REGISTERED NUMBER: 06340001) |
| BALANCE SHEET |
| 30 JUNE 2018 |
| 2018 | 2017 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Share premium | 12 |
| Profit and loss reserve - non distributable | 12 |
| Retained earnings | 12 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| C W TOMKINS LIMITED (REGISTERED NUMBER: 06340001) |
| BALANCE SHEET - continued |
| 30 JUNE 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the director on |
| C W TOMKINS LIMITED (REGISTERED NUMBER: 06340001) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| 1. | STATUTORY INFORMATION |
| C W Tomkins Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| At the balance sheet date the company had net current liabilities of £334,401 (2017: £295,080). Net current |
| liabilities include £562,766 (2017: £564,766) owing to C W Tomkins and £647,400 (2017: £551,400 ) owing to |
| Stall-Mech Engineering Services Limited. |
| Stall-Mech Engineering Services Limited is a subsidiary of C W Tomkins Limited who own 100% of the issued |
| share capital.C W Tomkins, the director of Stall-Mech Engineering Services Limited, owns 100% of the issued |
| share capital of C W Tomkins Limited. |
| The director of C W Tomkins Limited considers the financial statements should be prepared on a going concern |
| basis because; |
| - the director of Stall-Mech Engineering Services Limited has given an undertaking not to withdraw monies |
| owed by C W Tomkins Limited to Stall-Mech Engineering Services Limited if it would prejudice the ability of C |
| W Tomkins Limited to continue as a going concern. |
| - C W Tomkins has given an undertaking not to withdraw monies lent to the company if it would prejudice the |
| company to continue as a going concern. |
| - in his opinion the company will achieve profitability in future periods. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Freehold property | - |
| Shipping containers | - |
| Plant and machinery | - |
| Office equipment | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost less impairment. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes |
| in fair value is recognised in profit or loss. |
| C W TOMKINS LIMITED (REGISTERED NUMBER: 06340001) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| Stocks |
| Stocks are stated at the lower of cost and fair value less costs to complete and sell after making due allowance |
| for slow moving and obsolete items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, |
| 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. |
| 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. |
| Fixed asset investments |
| Fixed asset investments represent long term investments and are stated at cost less impairment. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| C W TOMKINS LIMITED (REGISTERED NUMBER: 06340001) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Shipping | Plant and | Office |
| property | containers | machinery | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 July 2017 |
| Additions |
| At 30 June 2018 |
| DEPRECIATION |
| At 1 July 2017 |
| Charge for year |
| At 30 June 2018 |
| NET BOOK VALUE |
| At 30 June 2018 |
| At 30 June 2017 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group | Other |
| undertakings | investments | Totals |
| £ | £ | £ |
| COST |
| At 1 July 2017 | 533,730 |
| Additions | 93 |
| At 30 June 2018 | 533,823 |
| NET BOOK VALUE |
| At 30 June 2018 | 533,823 |
| At 30 June 2017 | 533,730 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 July 2017 |
| Revaluations | (2,500 | ) |
| At 30 June 2018 |
| NET BOOK VALUE |
| At 30 June 2018 |
| At 30 June 2017 |
| C W TOMKINS LIMITED (REGISTERED NUMBER: 06340001) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| 6. | INVESTMENT PROPERTY - continued |
| Fair value at 30 June 2018 is represented by: |
| £ |
| Valuation in 2016 | 367,432 |
| Valuation in 2018 | (2,500 | ) |
| Cost | 157,568 |
| 522,500 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 2018 | 2017 |
| £ | £ |
| Cost | 157,568 | 157,568 |
| Investment property was valued on an open market basis on 30 June 2018 by the director . |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| Prepayments and accrued income |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to group undertakings |
| Other taxes and social security |
| Other creditors |
| Director's current account | 562,766 | 564,766 |
| Accruals and deferred income |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans - 2-5 years |
| Bank loans - more than 5 years |
| C W TOMKINS LIMITED (REGISTERED NUMBER: 06340001) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
| 2018 | 2017 |
| £ | £ |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans - more than 5 years | 34,629 | 43,365 |
| 10. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2018 | 2017 |
| £ | £ |
| Bank loans |
| The bank loan is secured on the company's investment properties and tangible fixed assets. |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1 | 10,000 | 1 |
| (2017 - 1 ) |
| 12. | RESERVES |
| Non distributable reserve |
| £ |
| Balance at 1 July 2016 | 312,432 |
| Revaluation of investment property | (2,500 | ) |
| Deferred tax movement on investment property | 1,500 |
| Balance at 30 June 2017 | 311,432 |
| The aggregate surplus on re-measurement of investment properties and freehold properties, net of associated |
| deferred tax, is transferred to a separate non-distributable reserve in order to assist with the identification of |
| profits available for distribution. |