C P Business Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04431249 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019

FOR

C P BUSINESS SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

R J Pritchard

Registered office:

First Floor

44 High Street

Newport Pagnell

Buckinghamshire

MK16 8AQ

Registered number:

04431249 (England and Wales)

Accountants:

Clark Pritchard

First Floor

44 High Street

Newport Pagnell

Buckinghamshire

MK16 8AQ

Current assets

Debtors

3

56,858

61,950

Cash at bank and in hand

401

301

57,259

62,251

Creditors

Amounts falling due within one year

4

30,153

35,373

Net current assets

27,106

26,878

Total assets less current liabilities

27,106

26,878

Creditors

Amounts falling due after more than one year

5

-

1,050

Net assets

27,106

25,828

Capital and reserves

Called up share capital

200

200

Retained earnings

26,906

25,628

Shareholders' funds

27,106

25,828

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 director acknowledges his 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 director on 29 February 2020 and were signed by:

R J Pritchard - Director

1.	Statutory information

C P Business Services 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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.

Debtors: amounts falling due within one year

2019

2018

£

£

Trade debtors

56,858

61,950

4.

Creditors: amounts falling due within one year

2019

2018

£

£

Trade creditors

3,949

1,939

Taxation and social security

26,204

33,434

30,153

35,373

5.

Creditors: amounts falling due after more than one year

2019

2018

£

£

Trade creditors

-

1,050