C & K Services (UK) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05367106 (England and Wales)

Unaudited Financial Statements For The Year Ended 28 February 2019

for

C & K Services (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C K Price

Mrs L Price

SECRETARY:

C K Price

REGISTERED OFFICE:

7 Billing Road

Northampton

NORTHAMPTONSHIRE

NN1 5AN

REGISTERED NUMBER:

05367106 (England and Wales)

ACCOUNTANTS:

Harris & Clarke LLP

7 Billing Road

Northampton

NORTHAMPTONSHIRE

NN1 5AN

FIXED ASSETS

Tangible assets

4

8,537

11,514

CURRENT ASSETS

Stocks

2,000

5,000

Debtors

5

21,569

12,771

Cash at bank and in hand

10,520

3,802

34,089

21,573

CREDITORS

Amounts falling due within one year

6

40,625

25,071

NET CURRENT LIABILITIES

(6,536

)

(3,498

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,001

8,016

CREDITORS

Amounts falling due after more than one year

7

(1,664

)

(5,941

)

PROVISIONS FOR LIABILITIES

(1,622

)

(2,187

)

NET LIABILITIES

(1,285

)

(112

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(1,287

)

(114

)

SHAREHOLDERS' FUNDS

(1,285

)

(112

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 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 28 November 2019 and were signed on its behalf by:

C K Price - Director

1.	STATUTORY INFORMATION

C & K Services (UK) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 15% 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

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

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2018

and 28 February 2019

14,700

1,570

22,000

1,930

40,200

DEPRECIATION

At 1 March 2018

12,895

1,142

12,912

1,737

28,686

Charge for year

451

64

2,272

190

2,977

At 28 February 2019

13,346

1,206

15,184

1,927

31,663

NET BOOK VALUE

At 28 February 2019

1,354

364

6,816

3

8,537

At 28 February 2018

1,805

428

9,088

193

11,514

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 March 2018

and 28 February 2019

22,000

DEPRECIATION

At 1 March 2018

12,912

Charge for year

2,272

At 28 February 2019

15,184

NET BOOK VALUE

At 28 February 2019

6,816

At 28 February 2018

9,088

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

20,945

5,570

Other debtors

624

7,201

21,569

12,771

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

15,961

2,990

Hire purchase contracts

1,889

3,530

Trade creditors

1,050

2,926

Taxation and social security

6,884

4,742

Other creditors

14,841

10,883

40,625

25,071

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Hire purchase contracts

-

1,878

Other creditors

1,664

4,063

1,664

5,941