Company Registration No. 04622247 (England and Wales)
C3 Midlands Ltd.
Unaudited accounts
for the year ended 31 December 2019
C3 Midlands Ltd.
Statement of financial position
as at 31 December 2019
Tangible assets
265,736
316,193
Cash at bank and in hand
80,081
114,178
Creditors: amounts falling due within one year
(390,506)
(330,216)
Net current liabilities
(28,605)
(6,266)
Total assets less current liabilities
237,131
309,927
Creditors: amounts falling due after more than one year
-
(74,072)
Provisions for liabilities
Deferred tax
(44,321)
(52,671)
Net assets
192,810
183,184
Called up share capital
100
100
Profit and loss account
192,710
183,084
Shareholders' funds
192,810
183,184
For the year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2020 and were signed on its behalf by
Emrys Karemo
Director
Company Registration No. 04622247
C3 Midlands Ltd.
Notes to the Accounts
for the year ended 31 December 2019
C3 Midlands Ltd. is a private company, limited by shares, registered in England and Wales, registration number 04622247. The registered office is Unit 7 Hockley Industrial Estate, Pitsford Street, Birmingham, B18 6PT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Total
At 31 December 2019
777,360
Charge for the year
77,798
At 31 December 2019
511,624
At 31 December 2019
265,736
At 31 December 2018
316,193
5
Average number of employees
During the year the average number of employees was 18 (2018: 18).
