Caracalla 1947 Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08084344 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2019

for

Caracalla 1947 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R G Wheat

D A Appleyard

REGISTERED OFFICE:

13-14 Buckingham Street

London

WC2N 6DF

REGISTERED NUMBER:

08084344 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

FIXED ASSETS

Tangible assets

4

11,429

14,286

CURRENT ASSETS

Stocks

27,330

35,159

Debtors

5

19,516

6,343

Cash at bank

14,861

10,580

61,707

52,082

CREDITORS

Amounts falling due within one year

6

(384,769

)

(312,030

)

NET CURRENT LIABILITIES

(323,062

)

(259,948

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(311,633

)

(245,662

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(311,733

)

(245,762

)

SHAREHOLDERS' FUNDS

(311,633

)

(245,662

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 February 2020 and were signed on its behalf by:

D A Appleyard - Director

1.	STATUTORY INFORMATION

Caracalla 1947 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.

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

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.

Plant and machinery etc

-

25% on cost and 20% 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

The company balance sheet shows that liabilities exceed assets by £311,633 (2018 £245,662). The company's

operations have been funded by loans from the directors and other creditors, all of whom have undertaken not to

withdraw their support until the company is able to fund its own operations from realised profits. For this reason

the directors consider it appropriate to prepare these accounts on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2018

52,212

Disposals

(921

)

At 31 May 2019

51,291

DEPRECIATION

At 1 June 2018

37,926

Charge for year

2,857

Eliminated on disposal

(921

)

At 31 May 2019

39,862

NET BOOK VALUE

At 31 May 2019

11,429

At 31 May 2018

14,286

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.19

31.5.18

£

£

Trade debtors

18,847

6,343

Other debtors

669

-

19,516

6,343

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.19

31.5.18

£

£

Trade creditors

27,430

7,481

Taxation and social security

7,139

2,179

Other creditors

350,200

302,370

384,769

312,030