C W Tomkins Limited - Limited company - abbreviated

REGISTERED NUMBER: 06340001 (England and Wales)

C W TOMKINS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

6

Chartered Accountants' Report

7

DIRECTOR:

C W Tomkins

SECRETARY:

Mrs D Todorovic

REGISTERED OFFICE:

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

REGISTERED NUMBER:

06340001 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 All Saints Street

Stamford

Lincolnshire

PE9 2PA

BANKERS:

TSB

30-31 Long Causeway

Peterborough

Cambridgeshire

PE1 1XP

FIXED ASSETS

Tangible assets

2

196,703

219,615

Investments

3

533,697

730,400

753,312

CURRENT ASSETS

Stocks

569,487

562,948

Debtors

243,319

269,016

Cash at bank

2,274

14,713

815,080

846,677

CREDITORS

Amounts falling due within one year

4

929,537

1,103,307

NET CURRENT LIABILITIES

(114,457

)

(256,630

)

TOTAL ASSETS LESS CURRENT LIABILITIES

615,943

496,682

CREDITORS

Amounts falling due after more than one
year

4

102,963

109,557

NET ASSETS

512,980

387,125

CAPITAL AND RESERVES

Called up share capital

5

1

Share premium

1,321,517

Profit and loss account

(808,538

)

(934,393

)

SHAREHOLDERS' FUNDS

512,980

387,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 March 2015 and were signed by:

C W Tomkins - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Freehold property

-

2% on cost and not provided

Shipping containers

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Office equipment

-

33% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Fixed asset investments

Fixed asset investments represent long term investments and are stated at cost less provision for permanent

diminution in value.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

246,038

Disposals

(20,880

)

At 30 June 2014

225,158

DEPRECIATION

At 1 July 2013

26,423

Charge for year

4,637

Eliminated on disposal

(2,605

)

At 30 June 2014

28,455

NET BOOK VALUE

At 30 June 2014

196,703

At 30 June 2013

219,615

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2013

and 30 June 2014

533,697

NET BOOK VALUE

At 30 June 2014

533,697

At 30 June 2013

533,697

The company's investments at the balance sheet date in the share capital of companies include the following:

Stall-Mech Engineering Services Limited

Nature of business: Pipework engineering

%

Class of shares:

holding

Ordinary

100.00

2014

2013

£

Aggregate capital and reserves

367,526

287,812

Profit for the year

92,649

109,425

Specialised Automobile Services (Turrino Wheels) Limited

Nature of business: Manufacture and repair of wire wheels

%

Class of shares:

holding

Ordinary

87.50

2014

2013

£

Aggregate capital and reserves

(237,815

)

(129,285

)

Loss for the year

(108,530

)

(29,114

)

4.

CREDITORS

Creditors include an amount of £ 111,852 (2013 - £ 118,264 ) for which security has been given.

They also include the following debts falling due in more than five years:

2014

2013

£

Repayable by instalments

67,407

74,731

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1

Ordinary

£1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to six) have

been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of C W Tomkins Limited for the year ended 30 June 2014 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of C W Tomkins Limited in accordance with our terms of engagement. Our

work has been undertaken solely to prepare for your approval the financial statements of C W Tomkins Limited and

state those matters that we have agreed to state to the director of C W Tomkins Limited in this report in accordance

with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or

assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that C W Tomkins Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and profit of C W Tomkins

Limited. You consider that C W Tomkins Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of C W Tomkins Limited. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial

statements.

Duncan & Toplis Limited

14 All Saints Street

Stamford

Lincolnshire

PE9 2PA

30 March 2015

C W Tomkins Limited - Limited company - abbreviated - 11.6

C W Tomkins Limited - Limited company - abbreviated - 11.6