The Can Makers Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01729487 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

THE CAN MAKERS LIMITED

A COMPANY LIMITED BY GUARANTEE

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S J Gresty

Mr M Arsand

SECRETARY:

Mr W W Boyd

REGISTERED OFFICE:

Unit 8, Sunfield Business Park

New Mill Road

Finchampstead

Wokingham

Berkshire

RG40 4QT

REGISTERED NUMBER:

01729487 (England and Wales)

AUDITORS:

FKCA Limited

Statutory Auditor

Prospero House

46-48 Rothesay Road

Luton

Bedfordshire

LU1 1QZ

CURRENT ASSETS

Debtors

4

6,459

6,094

Cash at bank

32,963

17,374

39,422

23,468

CREDITORS

Amounts falling due within one year

5

4,358

13,166

NET CURRENT ASSETS

35,064

10,302

TOTAL ASSETS LESS CURRENT LIABILITIES

35,064

10,302

RESERVES

Income and expenditure account

35,064

10,302

35,064

10,302

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 16 May 2019 and were signed on its behalf by:

Mr M Arsand - Director

1.	STATUTORY INFORMATION

The Can Makers Limited is a private company, limited by guarantee , registered in England and Wales. The

company's 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Following the decision to transfer the activities and assets of the Can Makers Limited to MPMA Limited with

effect from 1st January 2019, the Company is now dormant with no trade but still a going concern.

Turnover

Turnover represents net subscriptions and contributions paid during the calendar year, excluding value added

tax.

Financial instruments

Basic financial instruments are recognised at amortised cost.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

886

-

VAT

5,573

6,094

6,459

6,094

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

3,126

6,836

Corporation tax

2

1

Accrued expenses

1,230

6,329

4,358

13,166

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen Mason BSc ACA (Senior Statutory Auditor)

for and on behalf of FKCA Limited

7.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the board of directors.

8.	SHARE CAPITAL

The company has no share capital as it is limited by guarantee.