Cluson Engineering Limited - Accounts to registrar (filleted) - small 18.2
Cluson Engineering Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2020 |
| FOR |
| CLUSON ENGINEERING LIMITED |
| CLUSON ENGINEERING LIMITED (REGISTERED NUMBER: 01229152) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| CLUSON ENGINEERING LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 APRIL 2020 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 24 Landport Terrace |
| Portsmouth |
| Hampshire |
| PO1 2RG |
| BANKERS: |
| Market Square |
| Petersfield |
| Hampshire |
| GU32 3HQ |
| CLUSON ENGINEERING LIMITED (REGISTERED NUMBER: 01229152) |
| BALANCE SHEET |
| 30 APRIL 2020 |
| 2020 | 2019 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| CLUSON ENGINEERING LIMITED (REGISTERED NUMBER: 01229152) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2020 |
| 1. | STATUTORY INFORMATION |
| Cluson Engineering 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 |
| There were no material departures from the standard. |
| Tangible fixed assets |
| Plant and machinery | - |
| Equipment | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and estimated selling price less costs to sell, after making |
| allowances for obsolete and slow moving items. |
| Financial instruments |
| Debtors |
| Short term debtors are measured at transaction price (which is usually the retail or invoice price), less |
| any impairment losses for bad and doubtful debts. |
| Loans and other financial assets are initially recognised at transaction price including any transaction |
| costs and subsequently measured at amortised cost determined using the effective interest method, |
| less any impairment losses for bad or doubtful debts. |
| Creditors |
| Short term creditors are measured at transaction price (which is usually the invoice price). |
| Loans and other financial liabilities are initially recognised at transaction price net of any transaction |
| costs and subsequently measured at amortised cost determined using the effective interest method. |
| 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 |
| CLUSON ENGINEERING LIMITED (REGISTERED NUMBER: 01229152) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor |
| machinery | Equipment | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 May 2019 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 April 2020 |
| DEPRECIATION |
| At 1 May 2019 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 April 2020 |
| NET BOOK VALUE |
| At 30 April 2020 |
| At 30 April 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments and accrued income |
| There are no amounts falling due after more than one year. |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Social security and other taxes |
| Directors' current accounts | 122,818 | 114,301 |
| Accruals and deferred income |
| Trade Creditors |