Combustion Consultancy Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05241833 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2020

for

Combustion Consultancy Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J R Watson

REGISTERED OFFICE:

Pippins, Cherry Drive

Forty Green

Beaconsfield

Buckinghamshire

HP9 1XP

REGISTERED NUMBER:

05241833 (England and Wales)

ACCOUNTANTS:

Friends.Tax LLP

Pippins

Cherry Drive

Forty Green

Beaconsfield

Buckinghamshire

HP9 1XP

FIXED ASSETS

Intangible assets

4

30,000

40,000

Tangible assets

5

33,540

27,512

63,540

67,512

CURRENT ASSETS

Stocks

6,000

30,000

Debtors

6

1,866

72,981

Cash at bank

86,448

53,419

94,314

156,400

CREDITORS

Amounts falling due within one year

7

65,034

166,133

NET CURRENT ASSETS/(LIABILITIES)

29,280

(9,733

)

TOTAL ASSETS LESS CURRENT LIABILITIES

92,820

57,779

CREDITORS

Amounts falling due after more than one year

8

(8,039

)

-

PROVISIONS FOR LIABILITIES

(6,781

)

(2,771

)

NET ASSETS

78,000

55,008

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

77,900

54,908

SHAREHOLDERS' FUNDS

78,000

55,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 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 and authorised for issue on 13 November 2020 and were signed by:

J R Watson - Director

1.	STATUTORY INFORMATION

Combustion Consultancy Services 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

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.

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 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.

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

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.

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 1 (2019 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2019

and 30 June 2020

100,000

AMORTISATION

At 1 July 2019

60,000

Amortisation for year

10,000

At 30 June 2020

70,000

NET BOOK VALUE

At 30 June 2020

30,000

At 30 June 2019

40,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 July 2019

29,490

1,398

34,101

64,989

Additions

-

-

16,727

16,727

At 30 June 2020

29,490

1,398

50,828

81,716

DEPRECIATION

At 1 July 2019

12,443

620

24,414

37,477

Charge for year

3,008

280

7,411

10,699

At 30 June 2020

15,451

900

31,825

48,176

NET BOOK VALUE

At 30 June 2020

14,039

498

19,003

33,540

At 30 June 2019

17,047

778

9,687

27,512

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

Motor

vehicles

£

COST

Additions

16,727

At 30 June 2020

16,727

DEPRECIATION

Charge for year

4,182

At 30 June 2020

4,182

NET BOOK VALUE

At 30 June 2020

12,545

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.20

30.6.19

£

£

Trade debtors

582

71,697

Other debtors

1,284

1,284

1,866

72,981

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.20

30.6.19

£

£

Hire purchase contracts

6,365

-

Trade creditors

60

2,799

Taxation and social security

19,364

16,585

Other creditors

39,245

146,749

65,034

166,133

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.20

30.6.19

£

£

Hire purchase contracts

8,039

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.20

30.6.19

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

During the year the company paid rents to the CCS Ltd Pension Scheme of £5,500 (2019: £4,125).