The Corporate Action Company Ltd,Ltd - AccountsLtd - Accounts

The Corporate Action Company Ltd,Ltd - AccountsLtd - Accounts

THE CORPORATE ACTION COMPANY LIMITED - Company Information

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2019-04-01 04042724 2020-03-31 04042724 2019-04-01 2020-03-31 04042724 2019-03-31 04042724 2018-04-01 2019-03-31 04042724 uk-core:WithinOneYear 2019-03-31 04042724 uk-core:WithinOneYear 2020-03-31 04042724 uk-core:ShareCapital 2020-03-31 04042724 uk-core:ShareCapital 2019-03-31 04042724 uk-core:RetainedEarningsAccumulatedLosses 2020-03-31 04042724 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 04042724 uk-bus:Director1 2019-04-01 2020-03-31 04042724 uk-core:ToolsEquipment 2019-04-01 2020-03-31 04042724 uk-core:MotorVehicles 2019-04-01 2020-03-31 04042724 uk-core:ToolsEquipment 2019-03-31 04042724 uk-core:MotorVehicles 2019-03-31 04042724 uk-core:MotorVehicles 2020-03-31 04042724 uk-core:ToolsEquipment 2020-03-31 iso4217:GBP xbrli:pure 04042724 uk-bus:AuditExempt-NoAccountantsReport 2019-04-01 2020-03-31 04042724 uk-bus:FRS102 2019-04-01 2020-03-31 04042724 uk-bus:FullAccounts 2019-04-01 2020-03-31 04042724 uk-bus:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31
The Corporate Action Company Ltd
Registered Number:04042724
For the year ended 31 March 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2020
The Corporate Action Company Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2020
The Corporate Action Company Ltd
Statement of Financial Position
Registered Number :
04042724
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
1,231
10,564
2
1,231
10,564
Current assets
Trade and other receivables
174,720
207,695
3
1,014,495
Cash and cash equivalents
1,327,954
1,535,649
1,189,215
Trade and other payables: amounts falling due within one year
(377,835)
(606,297)
4
811,380
929,352
Net current assets
Total assets less current liabilities
930,583
821,944
930,583
Net assets
821,944
Capital and reserves
Called up share capital
100
100
Retained earnings
930,483
821,844
930,583
821,944
Shareholders' funds
For the year ended 31 March 2020 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 of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Shaun Woodrow Director
These financial statements were approved and authorised for issue by the Board on 14 October 2020 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2020
The Corporate Action Company Ltd
Notes to the Financial Statements
Statutory Information
The Corporate Action Company Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04042724.
Registered address:
The Barracks Business Centre Yeomanry Suite
Wakefield Road
Pontefract
WF8 4HH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial
statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Reducing balance
Computer equipment
25 Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
£
£
£
Cost or valuation
At 01 April 2019
31,853
3,453
28,400
430
430
-
Additions
-
(28,400)
Disposals
(28,400)
At 31 March 2020
-
3,883
3,883
Provision for depreciation and impairment
At 01 April 2019
21,289
1,875
19,414
Charge for year
777
777
-
(19,414)
-
(19,414)
On disposal
At 31 March 2020
2,652
2,652
-
At 31 March 2020
Net book value
-
1,231
1,231
At 31 March 2019
8,986
1,578
10,564
2 of 3
5
For the year ended 31 March 2020
The Corporate Action Company Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2019
2020
£
£
Trade debtors
8,443
-
Other debtors
199,252
174,720
174,720
207,695
4. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Trade creditors
35,239
3,623
Taxation and social security
35,671
39,689
Other creditors
535,387
334,523
606,297
377,835
5. Average number of persons employed
During the year the average number of employees was 4 (2019 : 4)
3 of 3