The Copier Company (UK) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03203461

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

THE COPIER COMPANY (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Cavanagh

D Cavanagh

REGISTERED OFFICE:

Enfield House

Enfield Avenue

Leeds

West Yorkshire

LS7 1QN

REGISTERED NUMBER:

03203461

ACCOUNTANTS:

Brosnans

Chartered Accountants

Birkby House

Bailiff Bridge

Brighouse

West Yorkshire

HD6 4JJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

27,186

28,776

27,186

28,776

CURRENT ASSETS

Stocks

42,550

30,000

Debtors

6

301,262

249,697

Cash at bank

184,636

154,982

528,448

434,679

CREDITORS

Amounts falling due within one year

7

533,378

441,299

NET CURRENT LIABILITIES

(4,930

)

(6,620

)

TOTAL ASSETS LESS CURRENT LIABILITIES

22,256

22,156

PROVISIONS FOR LIABILITIES

4,180

4,127

NET ASSETS

18,076

18,029

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

17,976

17,929

SHAREHOLDERS' FUNDS

18,076

18,029

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 applicable to companies subject to the small companies regime.

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 23 September 2019 and were signed on its behalf by:

S Cavanagh - Director

1.	STATUTORY INFORMATION

The Copier Company (UK) Limited is a private company, limited by shares , registered in Not

specified/Other. The company's registered number and registered office address can be found on

the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The significant accounting policies applied in the preparation of these financial statements are set

out below. These policies have been consistently applied to all years presented unless otherwise

stated.

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.

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of four years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

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

Plant and machinery etc

-

15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation

and accumulated impairment losses. Cost includes costs directly attributable to making the asset

capable of operating as intended.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2017 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2018

and 31 December 2018

23,000

AMORTISATION

At 1 January 2018

and 31 December 2018

23,000

NET BOOK VALUE

At 31 December 2018

-

At 31 December 2017

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2018

37,105

Additions

4,023

At 31 December 2018

41,128

DEPRECIATION

At 1 January 2018

8,329

Charge for year

5,613

At 31 December 2018

13,942

NET BOOK VALUE

At 31 December 2018

27,186

At 31 December 2017

28,776

6.

DEBTORS

2018

2017

£

£

Amounts falling due within one year:

Trade debtors

68,840

105,114

Other debtors

5,488

3,000

74,328

108,114

Amounts falling due after more than one year:

Other debtors

226,934

141,583

Aggregate amounts

301,262

249,697

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

365,801

293,430

Taxation and social security

80,603

64,111

Other creditors

86,974

83,758

533,378

441,299

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

The company is controlled by the directors.

The directors and their related parties owed the company £226,934 at the year end (2017 -

£141,582).