Campbell and Campbell Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02852117 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2021

for

Campbell and Campbell Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Ash

REGISTERED OFFICE:

20 Victoria Road

Hale

Altrincham

Cheshire

WA15 9AD

REGISTERED NUMBER:

02852117 (England and Wales)

ACCOUNTANTS:

DLA Chartered Accountants

36A Market Street

New Mills

High Peak

SK22 4AA

FIXED ASSETS

Tangible assets

4

15,942

18,577

CURRENT ASSETS

Stocks

2,960

3,540

Debtors

5

2,530

3,025

Cash at bank and in hand

34,762

10,832

40,252

17,397

CREDITORS

Amounts falling due within one year

6

56,401

35,418

NET CURRENT LIABILITIES

(16,149

)

(18,021

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(207

)

556

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(209

)

554

(207

)

556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 29 September 2022 and were signed by:

M Ash - Director

1.	STATUTORY INFORMATION

Campbell and Campbell 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2020 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2020

139,398

5,879

5,008

6,533

156,818

Additions

515

-

-

-

515

At 30 September 2021

139,913

5,879

5,008

6,533

157,333

DEPRECIATION

At 1 October 2020

122,204

4,961

4,984

6,092

138,241

Charge for year

2,769

229

6

146

3,150

At 30 September 2021

124,973

5,190

4,990

6,238

141,391

NET BOOK VALUE

At 30 September 2021

14,940

689

18

295

15,942

At 30 September 2020

17,194

918

24

441

18,577

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade debtors

2,530

3,025

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Tax

425

136

Social security and other taxes

9,090

1,607

VAT

7,251

3,919

Directors' current accounts

35,626

25,860

Accrued expenses

4,009

3,896

56,401

35,418