Corrib Services Limited - Accounts to registrar (filleted) - small 18.2

Corrib Services Limited - Accounts to registrar (filleted) - small 18.2

CORRIB SERVICES LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v19.1.1.57 09830412 director 1.11.17 31.10.18 31.10.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure098304122017-10-31098304122018-10-31098304122017-11-012018-10-31098304122016-10-31098304122016-11-012017-10-31098304122017-10-3109830412ns15:EnglandWales2017-11-012018-10-3109830412ns14:PoundSterling2017-11-012018-10-3109830412ns10:Director12017-11-012018-10-3109830412ns10:PrivateLimitedCompanyLtd2017-11-012018-10-3109830412ns10:SmallEntities2017-11-012018-10-3109830412ns10:AuditExemptWithAccountantsReport2017-11-012018-10-3109830412ns10:SmallCompaniesRegimeForDirectorsReport2017-11-012018-10-3109830412ns10:SmallCompaniesRegimeForAccounts2017-11-012018-10-3109830412ns10:FullAccounts2017-11-012018-10-3109830412ns10:RegisteredOffice2017-11-012018-10-3109830412ns5:CurrentFinancialInstruments2018-10-3109830412ns5:CurrentFinancialInstruments2017-10-3109830412ns5:ShareCapital2018-10-3109830412ns5:ShareCapital2017-10-3109830412ns5:RetainedEarningsAccumulatedLosses2018-10-3109830412ns5:RetainedEarningsAccumulatedLosses2017-10-3109830412ns5:FurnitureFittings2017-11-012018-10-3109830412ns5:ComputerEquipment2017-11-012018-10-3109830412ns5:FurnitureFittings2017-10-3109830412ns5:ComputerEquipment2017-10-3109830412ns5:FurnitureFittings2018-10-3109830412ns5:ComputerEquipment2018-10-3109830412ns5:FurnitureFittings2017-10-3109830412ns5:ComputerEquipment2017-10-3109830412ns5:CostValuation2018-10-3109830412ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-10-3109830412ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-10-31


REGISTERED NUMBER: 09830412 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2018

FOR

CORRIB SERVICES LIMITED
CORRIB SERVICES LIMITED (REGISTERED NUMBER: 09830412)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

CORRIB SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2018







DIRECTOR: Mr M K Monaghan





REGISTERED OFFICE: 1 Andromeda House
Calleva Park
Aldermaston
Reading
Berkshire
RG7 8AP





REGISTERED NUMBER: 09830412 (England and Wales)





ACCOUNTANTS: Dove Marsh & Jones
1 Andromeda House
Calleva Park
Aldermaston
Reading
Berkshire
RG7 8AP
Page 1
CORRIB SERVICES LIMITED (REGISTERED NUMBER: 09830412)

STATEMENT OF FINANCIAL POSITION
31 October 2018

31.10.18 31.10.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,140 4,822
Investments 5 50 50
3,190 4,872

CURRENT ASSETS
Debtors 6 6,000 9,288
Cash at bank 12,896 2,392
18,896 11,680
CREDITORS
Amounts falling due within one
year
7
5,258
1,776
NET CURRENT ASSETS 13,638 9,904
TOTAL ASSETS LESS CURRENT
LIABILITIES
16,828
14,776

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 16,728 14,676
SHAREHOLDERS' FUNDS 16,828 14,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 8 July 2019 and were
signed by:





Mr M K Monaghan - Director


The notes form part of these financial statements

Page 2
CORRIB SERVICES LIMITED (REGISTERED NUMBER: 09830412)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2018

1. STATUTORY INFORMATION

Corrib Services 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 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on cost

Investments in associates
Investments in associate undertakings are recognised at 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 statement
of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have
originated but not reversed at the statement of financial position 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 5 (2017 - 4 ) .

Page 3 continued...
CORRIB SERVICES LIMITED (REGISTERED NUMBER: 09830412)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2018

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2017
and 31 October 2018 587 6,373 6,960
DEPRECIATION
At 1 November 2017 141 1,997 2,138
Charge for year 89 1,593 1,682
At 31 October 2018 230 3,590 3,820
NET BOOK VALUE
At 31 October 2018 357 2,783 3,140
At 31 October 2017 446 4,376 4,822

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 November 2017
and 31 October 2018 50
NET BOOK VALUE
At 31 October 2018 50
At 31 October 2017 50

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.18 31.10.17
£    £   
Trade debtors 6,000 -
Amounts owed by associates - 5,950
Tax - 3,266
VAT - 72
6,000 9,288

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.18 31.10.17
£    £   
Trade creditors - 144
Amounts owed to associates 50 -
Social security and other
taxes
79
(164
)
VAT 2,389 -
Other creditors - 537
Directors' current accounts 2,740 1,259
5,258 1,776

8. ULTIMATE CONTROLLING PARTY

In the opinion of the director the company is controlled by the
shareholders acting in concert.

Page 4
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CORRIB SERVICES LIMITED

The following reproduces the text of the report prepared for the director in
respect of the company's annual unaudited financial statements. In accordance
with the Companies Act 2006, the company is only required to file a Statement of
Financial Position. Readers are cautioned that the Income Statement and certain
other primary statements and the Report of the Director are not required to be
filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we
have prepared for your approval the financial statements of Corrib Services
Limited for the year ended 31 October 2018 which comprise the Statement of
Income and Retained Earnings, Statement of Financial Position and the related
notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Corrib Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Corrib Services Limited and state those matters that we have agreed to state to the director of Corrib Services Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Corrib Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Corrib Services Limited. You consider that Corrib Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Corrib Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Dove Marsh & Jones
1 Andromeda House
Calleva Park
Aldermaston
Reading
Berkshire
RG7 8AP


8 July 2019

This page does not form part of the statutory financial statements

Page 5