CPR Shopfitting Limited - Accounts to registrar (filleted) - small 18.2
CPR Shopfitting Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| CPR SHOPFITTING LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED |
| 30 JUNE 2019 |
| CPR SHOPFITTING LIMITED (REGISTERED NUMBER: 07299827) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2019 |
| Page |
| Company information | 1 |
| Income statement | 2 |
| Balance sheet | 3 |
| Notes to the financial statements | 5 |
| CPR SHOPFITTING LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JUNE 2019 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| St Andrews House |
| Yale Business Village |
| Ellice Way |
| Wrexham |
| Wrexham CB |
| LL13 7YL |
| CPR SHOPFITTING LIMITED (REGISTERED NUMBER: 07299827) |
| INCOME STATEMENT |
| FOR THE YEAR ENDED 30 JUNE 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| Turnover |
| Cost of sales |
| Gross profit |
| Distribution costs |
| Administrative expenses |
| 439,691 | 607,835 |
| (12,023 | ) | (334,948 | ) |
| Other operating income |
| Operating loss | 4 | ( |
) | ( |
) |
| Interest payable and similar expenses |
| Loss before taxation | ( |
) | ( |
) |
| Tax on loss | ( |
) | ( |
) |
| Loss for the financial year | ( |
) | ( |
) |
| CPR SHOPFITTING LIMITED (REGISTERED NUMBER: 07299827) |
| BALANCE SHEET |
| 30 JUNE 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 5 |
| Tangible assets | 6 |
| Current assets |
| Stocks |
| Debtors | 7 |
| Cash in hand |
| Creditors |
| Amounts falling due within one year | 8 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) | ( |
) |
| Creditors |
| Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net liabilities | ( |
) | ( |
) |
| CPR SHOPFITTING LIMITED (REGISTERED NUMBER: 07299827) |
| BALANCE SHEET - continued |
| 30 JUNE 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| Capital and reserves |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| CPR SHOPFITTING LIMITED (REGISTERED NUMBER: 07299827) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2019 |
| 1. | Statutory information |
| CPR Shopfitting Limited is a |
| 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding |
| discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Fixtures & fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and |
| handling costs in bringing stocks to their present location and condition. |
| 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. |
| CPR SHOPFITTING LIMITED (REGISTERED NUMBER: 07299827) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2019 |
| 2. | Accounting policies - continued |
| 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. |
| Hire purchase and leasing commitments |
| 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 year was |
| 4. | Operating loss |
| The operating loss is stated after charging: |
| 2019 | 2018 |
| £ | £ |
| Depreciation - owned assets |
| Goodwill amortisation |
| CPR SHOPFITTING LIMITED (REGISTERED NUMBER: 07299827) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2019 |
| 5. | Intangible fixed assets |
| Goodwill |
| £ |
| Cost |
| At 1 July 2018 |
| and 30 June 2019 |
| Amortisation |
| At 1 July 2018 |
| Amortisation for year |
| At 30 June 2019 |
| Net book value |
| At 30 June 2019 |
| At 30 June 2018 |
| 6. | Tangible fixed assets |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| Cost |
| At 1 July 2018 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 June 2019 |
| Depreciation |
| At 1 July 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 June 2019 |
| Net book value |
| At 30 June 2019 |
| At 30 June 2018 |
| CPR SHOPFITTING LIMITED (REGISTERED NUMBER: 07299827) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2019 |
| 7. | Debtors: amounts falling due within one year |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 8. | Creditors: amounts falling due within one year |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts (see note 10) |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 9. | Creditors: amounts falling due after more than one year |
| 2019 | 2018 |
| £ | £ |
| Bank loans (see note 10) |
| Hire purchase contracts |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 42,695 | - |
| 10. | Loans |
| An analysis of the maturity of loans is given below: |
| 2019 | 2018 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank overdrafts |
| Bank loans |
| CPR SHOPFITTING LIMITED (REGISTERED NUMBER: 07299827) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2019 |
| 10. | Loans - continued |
| 2019 | 2018 |
| £ | £ |
| Amounts falling due between one and two years: |
| Bank loans - 1-2 years |
| Amounts falling due between two and five years: |
| Bank loans - 2-5 years |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | - |
| 11. | Secured debts |
| The following secured debts are included within creditors: |
| 2019 | 2018 |
| £ | £ |
| Bank overdrafts |
| Bank loans |
| 12. | Directors' advances, credits and guarantees |
| The following advances and credits to a director subsisted during the years ended 30 June 2019 and |
| 30 June 2018: |
| 2019 | 2018 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| CPR SHOPFITTING LIMITED (REGISTERED NUMBER: 07299827) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2019 |
| 13. | Related party disclosures |
| Included in Other Creditors is £ 148,876 (2018 £ 142,257 ) owed to C Owen a director of the |
| business. |
| Other loans are shown in Note 12 . |
| The loans have no interest charged and are repayable on demand. |
| Included in trade creditors is £54,407 and in trade debtors £18205 owed to / from CPR Electrical |
| Limited a company owned by CPR Holdings Limited a company owned by the directors. |