The Communications & Leisure Group Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02773687 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

The Communications & Leisure Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Barnard

Mrs V E Barnard

SECRETARY:

C Hoy

REGISTERED OFFICE:

39-41 High Street

Great Dunmow

Essex

CM6 1AE

REGISTERED NUMBER:

02773687 (England and Wales)

ACCOUNTANTS:

NSO Associates LLP

75 Springfield Road

Chelmsford

Essex

CM2 6JB

FIXED ASSETS

55,046

Tangible assets

4

53,784

CURRENT ASSETS

24,139

Debtors

5

15,356

70,487

Cash at bank

128,921

94,626

144,277

CREDITORS

105,906

Amounts falling due within one year

6

106,545

(11,280

)

NET CURRENT ASSETS/(LIABILITIES)

37,732

43,766

TOTAL ASSETS LESS CURRENT LIABILITIES

91,516

CAPITAL AND RESERVES

1,900

Called up share capital

1,900

41,866

Retained earnings

89,616

43,766

SHAREHOLDERS' FUNDS

91,516

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 6 September 2019 and were signed on its behalf by:

R J Barnard - Director

1.	STATUTORY INFORMATION

The Communications & Leisure Group Ltd 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 represents net invoiced sales of goods and services excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 25% on 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.

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 2 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2018

and 31 December 2018

80,838

DEPRECIATION

At 1 January 2018

25,792

Charge for year

1,262

At 31 December 2018

27,054

NET BOOK VALUE

At 31 December 2018

53,784

At 31 December 2017

55,046

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade debtors

-

8,670

Other debtors

15,356

15,469

15,356

24,139

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade creditors

6,749

9,543

Taxation and social security

13,150

9,550

Other creditors

86,646

86,813

106,545

105,906

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R J Barnard.