CPP Rowley Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04595190 (England and Wales)

Financial Statements

for the Year Ended 31 December 2018

for

CPP Rowley Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

J P Rowley

P Rowley

SECRETARY:

P Rowley

REGISTERED OFFICE:

Unit 8, Griffin Mill

London Road

Thrupp

Stroud

Gloucestershire

GL5 2AZ

REGISTERED NUMBER:

04595190 (England and Wales)

ACCOUNTANTS:

GCSD Accountants Limited

Chartered Accountants

701 Stonehouse Park

Sperry Way

Stonehouse

Gloucestershire

GL10 3UT

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Directors 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 CPP Rowley Limited for the year ended 31 December 2018 which

comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CPP Rowley Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CPP Rowley Limited and state those matters that we have agreed to state to the Board of Directors of CPP Rowley Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CPP Rowley Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CPP Rowley 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 CPP Rowley Limited. You consider that CPP Rowley 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 CPP Rowley 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.

GCSD Accountants Limited

Chartered Accountants

3 April 2019

FIXED ASSETS

Intangible assets

4

1,231

1,530

Investments

5

120

120

1,351

1,650

CURRENT ASSETS

Cash at bank and in hand

65

32

CREDITORS

Amounts falling due within one year

6

367

960

NET CURRENT LIABILITIES

(302

)

(928

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,049

722

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

30

30

Retained earnings

919

592

SHAREHOLDERS' FUNDS

1,049

722

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 3 April 2019 and were signed on its behalf by:

P Rowley - Director

1.	STATUTORY INFORMATION

CPP Rowley 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 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Intangible fixed assets

The costs of maintaining and renewing the registered trademarks of the company are capitalised

and amortised over the period for which the trademarks are registered.

Investments in subsidiaries

Investments in subsidiary 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 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 2 ).

4.	INTANGIBLE FIXED ASSETS

Trademarks

£

COST

At 1 January 2018

and 31 December 2018

2,994

AMORTISATION

At 1 January 2018

1,464

Amortisation for year

299

At 31 December 2018

1,763

NET BOOK VALUE

At 31 December 2018

1,231

At 31 December 2017

1,530

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2018

and 31 December 2018

120

NET BOOK VALUE

At 31 December 2018

120

At 31 December 2017

120

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

77

35

Other creditors

290

925

367

960

7.	CONTINGENT LIABILITIES

The company has formed a VAT group with its subsidiary company and has given a cross guarantee.

In the event of the subsidiary's failure to settle its VAT liability, the guarantee will be called upon.