Company Registration No. 04622247 (England and Wales)
C3 Midlands Ltd.
Unaudited accounts
for the year ended 31 December 2018
C3 Midlands Ltd.
Unaudited accounts
Contents
C3 Midlands Ltd.
Company Information
for the year ended 31 December 2018
Directors
Emrys Karemo
Jenny Karemo
Company Number
04622247 (England and Wales)
Registered Office
Unit 7 Hockley Industrial Estate
Pitsford Street
Birmingham
B18 6PT
England
C3 Midlands Ltd.
Statement of financial position
as at 31 December 2018
Tangible assets
316,193
400,561
Cash at bank and in hand
114,178
130,671
Creditors: amounts falling due within one year
(330,216)
(347,518)
Net current liabilities
(6,266)
(17,399)
Total assets less current liabilities
309,927
383,162
Creditors: amounts falling due after more than one year
(74,072)
(164,107)
Provisions for liabilities
Deferred tax
(52,671)
(67,220)
Net assets
183,184
151,835
Called up share capital
100
100
Profit and loss account
183,084
151,735
Shareholders' funds
183,184
151,835
For the year ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 11 September 2019.
Emrys Karemo
Director
Company Registration No. 04622247
C3 Midlands Ltd.
Notes to the Accounts
for the year ended 31 December 2018
C3 Midlands Ltd. is a private company, limited by shares, registered in England and Wales, registration number 04622247. The registered office is Unit 7 Hockley Industrial Estate, Pitsford Street, Birmingham, B18 6PT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. As the goodwill has been fully amortised, it has been eliminated.
4
Intangible fixed assets
Total
Other increase/(decrease)
(23,389)
C3 Midlands Ltd.
Notes to the Accounts
for the year ended 31 December 2018
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Tangible fixed assets
Total
At 31 December 2018
754,029
Charge for the year
88,959
At 31 December 2018
437,836
At 31 December 2018
316,193
At 31 December 2017
400,561
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Deferred taxation
2018
2017
Accelerated capital allowances
52,671
67,220
Provision at start of year
67,220
55,454
(Credited)/charged to the profit and loss account
(14,549)
11,766
Provision at end of year
52,671
67,220
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Average number of employees
During the year the average number of employees was 18 (2017: 18).
