Central Hydraulic Loaders Limited Filleted accounts for Companies House (small and micro)
Central Hydraulic Loaders Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
3044515
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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Provisions
Taxation including deferred tax |
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Net assets |
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Capital and reserves
Called up share capital |
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Fair value reserve |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
10 November 2021
, and are signed on behalf of the board by:
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Director |
Company registration number:
3044515
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Notes to the Financial Statements |
Year ended 31 July 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Central House, Hedging Lane, Wilnecote, Tamworth, Staffordshire, B77 5HH.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Disclosure exemptions
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Government grants
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
17
(2020:
21
).
5.
Tangible assets
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 August 2020 |
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Additions |
– |
– |
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Disposals |
– |
– |
– |
(
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(
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At 31 July 2021 |
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Depreciation |
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At 1 August 2020 |
– |
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Charge for the year |
– |
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Disposals |
– |
– |
– |
(
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(
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At 31 July 2021 |
– |
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Carrying amount |
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At 31 July 2021 |
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At 31 July 2020 |
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6.
Debtors
2021 |
2020 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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The bank overdraft facility is secured by way of a fixed charge over book debt and a floating charge over all other assets dated 19 September 2019.
The mortgage is secured by way of a debenture dated 1 October 2019 over the premises at Hedging Lane, Dosthill, Tamworth.
8.
Creditors:
amounts falling due after more than one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
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Other creditors |
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The bank overdraft facility is secured by way of a fixed charge over book debt and a floating charge over all other assets dated 19 September 2019.
The mortgage is secured by way of a debenture dated 1 October 2019 over the premises at Hedging Lane, Dosthill, Tamworth.
9.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2021 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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2020 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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10.
Related party transactions
The company was not under overall control during the year of any one individual, however
Mrs T E Sharratt
is the managing director and a shareholder of the company. During the year there were no transactions with related parties.