C T Glass Holdings Limited - Accounts to registrar (filleted) - small 18.2
C T Glass Holdings Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 29 February 2020 |
for |
C T Glass Holdings Limited |
C T Glass Holdings Limited (Registered number: 09986216) |
Contents of the Financial Statements |
for the Year Ended 29 February 2020 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
C T Glass Holdings Limited |
Company Information |
for the Year Ended 29 February 2020 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Sterling House |
1 Sheepscar Court |
Meanwood Road |
Leeds |
West Yorkshire |
LS7 2BB |
BANKERS: |
45 Hustlergate |
Bradford |
BD1 1NT |
C T Glass Holdings Limited (Registered number: 09986216) |
Balance Sheet |
29 February 2020 |
2020 | 2019 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
C T Glass Holdings Limited (Registered number: 09986216) |
Notes to the Financial Statements |
for the Year Ended 29 February 2020 |
1. | STATUTORY INFORMATION |
C T Glass Holdings Limited is a |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Exemption from preparing consolidated financial statements |
The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Valuation of investments |
Investments in subsidiaries are measured at cost less any accumulated impairments. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. |
Cash and cash equivalents |
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. |
Creditors |
Short term creditors are measured at the transaction price. |
Financial instruments |
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. |
Dividends |
Equity dividends are recognised when they become legally payable. Interim dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
C T Glass Holdings Limited (Registered number: 09986216) |
Notes to the Financial Statements - continued |
for the Year Ended 29 February 2020 |
5. | FIXED ASSET INVESTMENTS |
Investments |
in |
subsidiary |
companies |
£ |
COST |
At 1 March 2019 |
and 29 February 2020 |
NET BOOK VALUE |
At 29 February 2020 |
At 28 February 2019 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Other creditors |
8. | RELATED PARTY DISCLOSURES |
In accordance with the exemption allowed by Section 1A of FRS 102, no disclosures are made of transactions with other wholly owned member of companies of the CT Glass Group. |
No further transactions with related parties were undertaken such as are required to be disclosed under section 1A of FRS 102. |