CCD Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04837801 (England and Wales)

Unaudited Financial Statements

for the Period 1 October 2018 to 31 December 2019

for

CCD Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A F Jackson

REGISTERED OFFICE:

Unit C Anchor House

School Lane

Chandlers Ford

EASTLEIGH

Hampshire

SO53 4DY

REGISTERED NUMBER:

04837801 (England and Wales)

ACCOUNTANTS:

Arlington Accountants Limited

Unit C Anchor House

School Lane

Chandlers ford

Eastleigh

Hampshire

SO53 4DY

FIXED ASSETS

Tangible assets

4

4,252

8,969

CURRENT ASSETS

Stocks

2,000

2,000

Debtors

5

10,214

39,860

Cash at bank

2

-

12,216

41,860

CREDITORS

Amounts falling due within one year

6

32,341

55,974

NET CURRENT LIABILITIES

(20,125

)

(14,114

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,873

)

(5,145

)

CREDITORS

Amounts falling due after more than one year

7

1,230

9,885

NET LIABILITIES

(17,103

)

(15,030

)

CAPITAL AND RESERVES

Called up share capital

66

66

Retained earnings

(17,169

)

(15,096

)

SHAREHOLDERS' FUNDS

(17,103

)

(15,030

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 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 director on 25 March 2020 and were signed by:

S Collier - Director

1.	STATUTORY INFORMATION

CCD Solutions 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

-

25% 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 period 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2018 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2018

44,401

Disposals

(30,061

)

At 31 December 2019

14,340

DEPRECIATION

At 1 October 2018

35,432

Charge for period

1,798

Eliminated on disposal

(27,142

)

At 31 December 2019

10,088

NET BOOK VALUE

At 31 December 2019

4,252

At 30 September 2018

8,969

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

Plant and

machinery

etc

£

COST

At 1 October 2018

and 31 December 2019

14,340

DEPRECIATION

At 1 October 2018

8,290

Charge for period

1,798

At 31 December 2019

10,088

NET BOOK VALUE

At 31 December 2019

4,252

At 30 September 2018

6,050

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

12,398

Other debtors

10,214

27,462

10,214

39,860

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

19,678

29,742

Hire purchase contracts

1,625

2,743

Trade creditors

-

13,775

Amounts owed to group undertakings

8,731

-

Taxation and social security

667

8,074

Other creditors

1,640

1,640

32,341

55,974

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Bank loans

850

7,225

Hire purchase contracts

380

2,660

1,230

9,885

8.	ULTIMATE CONTROLLING PARTY

The company Tekguys Ltd is considered the ultimate controlling party by virtue of its 100% interest in the issued

share capital of the reporting company.