C & P Jewellers Limited Filleted accounts for Companies House (small and micro)
C & P Jewellers Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
09246828
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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Net assets |
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Statement of Financial Position (continued) |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
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Share premium account |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
19 March 2020
, and are signed on behalf of the board by:
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Director |
Company registration number:
09246828
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Notes to the Financial Statements |
Year ended 31 October 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Clinton Avenue, Nottingham, Nottinghamshire, NG5 1AW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings |
- |
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Equipment |
- |
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Impairment of fixed assets
Stocks
Provisions
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
17
(2018:
25
).
5.
Tangible assets
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 November 2018 and 31 October 2019 |
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Depreciation |
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At 1 November 2018 |
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Charge for the year |
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At 31 October 2019 |
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Carrying amount |
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At 31 October 2019 |
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At 31 October 2018 |
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6.
Debtors
2019 |
2018 |
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£ |
£ |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
– |
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Social security and other taxes |
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Directors current accounts |
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Other creditors |
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8.
Related party transactions
The company is controlled by Mr A Cope, Mr J Cope and Ms S Leake, the company managing directors. The directors have lent money to the company on an interest free & unsecured basis. The amount outstanding on this loan at the year end was £57 (2018:£57). In the year the company lent £70,000 to G & F Cope & Co (Retail) Ltd of which both directors of C & P Jewellers Ltd are both directors and shareholders of this company.