Complete Fire Protection Watford Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04281270 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2018

for

Complete Fire Protection Watford Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

A J Byron

S O'Donohue

D P Wright

R S Mackey

REGISTERED OFFICE:

Unit 32

Moor Park Industrial Centre

Tolpits Lane

Watford

Hertfordshire

WD18 9SP

REGISTERED NUMBER:

04281270 (England and Wales)

ACCOUNTANTS:

Haines Watts

4 Claridge Court

Lower Kings Road

Berkhamsted

Hertfordshire

HP4 2AF

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 Complete Fire Protection Watford Limited for the year ended

30 September 2018 which comprise the Income Statement, Balance Sheet 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 Complete Fire Protection Watford 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 Complete Fire Protection Watford Limited and state those matters that we have agreed to state to the Board of Directors of Complete Fire Protection Watford 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 Complete Fire Protection Watford Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Complete Fire Protection Watford 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 Complete Fire Protection Watford Limited. You consider that Complete Fire Protection Watford 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 Complete Fire Protection Watford 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.

Haines Watts

4 Claridge Court

Lower Kings Road

Berkhamsted

Hertfordshire

HP4 2AF

14 May 2019

FIXED ASSETS

Tangible assets

4

75,037

69,434

CURRENT ASSETS

Stocks

18,000

18,000

Debtors

5

113,621

100,363

Cash at bank

59,086

70,097

190,707

188,460

CREDITORS

Amounts falling due within one year

6

82,620

109,447

NET CURRENT ASSETS

108,087

79,013

TOTAL ASSETS LESS CURRENT LIABILITIES

183,124

148,447

CREDITORS

Amounts falling due after more than one year

7

-

(1,719

)

PROVISIONS FOR LIABILITIES

(13,175

)

(11,102

)

NET ASSETS

169,949

135,626

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

168,949

134,626

SHAREHOLDERS' FUNDS

169,949

135,626

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 14 May 2019 and were signed on its behalf by:

R S Mackey - Director

1.	STATUTORY INFORMATION

Complete Fire Protection Watford 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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2017 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2017

9,303

203,058

212,361

Additions

-

33,007

33,007

Disposals

-

(23,483

)

(23,483

)

At 30 September 2018

9,303

212,582

221,885

DEPRECIATION

At 1 October 2017

9,303

133,624

142,927

Charge for year

-

25,057

25,057

Eliminated on disposal

-

(21,136

)

(21,136

)

At 30 September 2018

9,303

137,545

146,848

NET BOOK VALUE

At 30 September 2018

-

75,037

75,037

At 30 September 2017

-

69,434

69,434

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade debtors

108,039

95,605

Other debtors

5,582

4,758

113,621

100,363

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Bank loans and overdrafts

860

10,313

Hire purchase contracts

-

1,301

Trade creditors

27,466

49,438

Taxation and social security

47,127

39,681

Other creditors

7,167

8,714

82,620

109,447

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.18

30.9.17

£

£

Other creditors

-

1,719