Control Office Supplies Ltd - Accounts to registrar (filleted) - small 22.3
Control Office Supplies Ltd - Accounts to registrar (filleted) - small 22.3
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 April 2021 to 30 June 2022 |
for |
Control Office Supplies Ltd |
Control Office Supplies Ltd (Registered number: 01398371) |
Contents of the Financial Statements |
for the Period 1 April 2021 to 30 June 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Control Office Supplies Ltd |
Company Information |
for the Period 1 April 2021 to 30 June 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
67 Westow Street |
Upper Norwood |
London |
SE19 3RW |
Control Office Supplies Ltd (Registered number: 01398371) |
Balance Sheet |
30 June 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
Investment property | 6 |
CURRENT ASSETS |
Stocks |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 9 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
Control Office Supplies Ltd (Registered number: 01398371) |
Balance Sheet - continued |
30 June 2022 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Control Office Supplies Ltd (Registered number: 01398371) |
Notes to the Financial Statements |
for the Period 1 April 2021 to 30 June 2022 |
1. | STATUTORY INFORMATION |
Control Office Supplies Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
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 |
Plant and machinery | - |
Motor vehicles | - |
Office and computer equipment | - |
The Freehold properties are not depreciated because in the opinion of the directors, the properties are being maintained to such a standard that their estimated residual values are not less than their cost. |
Investment property |
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement. |
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 period 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. |
Control Office Supplies Ltd (Registered number: 01398371) |
Notes to the Financial Statements - continued |
for the Period 1 April 2021 to 30 June 2022 |
3. | ACCOUNTING POLICIES - continued |
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 period 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. |
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. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 April 2021 |
Disposals | ( |
) |
At 30 June 2022 |
DEPRECIATION |
At 1 April 2021 |
Eliminated on disposal | ( |
) |
At 30 June 2022 |
NET BOOK VALUE |
At 30 June 2022 |
At 31 March 2021 |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 April 2021 |
Disposals | ( |
) |
At 30 June 2022 |
NET BOOK VALUE |
At 30 June 2022 |
At 31 March 2021 |
Control Office Supplies Ltd (Registered number: 01398371) |
Notes to the Financial Statements - continued |
for the Period 1 April 2021 to 30 June 2022 |
6. | INVESTMENT PROPERTY - continued |
The investment properties are valued annually by the directors on an open market existing use basis. |
The historical cost of the investment properties amounts to £67,000 (2021 - £67,000). |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security | ( |
) |
Other creditors |
9. | RESERVES |
Fair |
Retained | value |
earnings | reserve | Totals |
£ | £ | £ |
At 1 April 2021 | 868,504 |
Deficit for the period | ( |
) | ( |
) |
Dividends | ( |
) | ( |
) |
Revaluation of property | 169,000 | (169,000 | ) | - |
Deferred tax provision | (53,510 | ) | 53,510 | - |
At 30 June 2022 | 1,300 |
10. | RELATED PARTY DISCLOSURES |
Ms C D Coop and Mr M D Coop are the ultimate controlling parties of the company by virtue of their joint ownership of the shareholdings of the parent company, CDMC Holdings Limited. |