Charles H Coward Limited - Limited company - abbreviated - 11.0.0
Charles H Coward Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| CHARLES H COWARD LIMITED |
| ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013 |
| CHARLES H COWARD LIMITED (REGISTERED NUMBER: 00456385) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| CHARLES H COWARD LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BANKERS: |
| CHARLES H COWARD LIMITED (REGISTERED NUMBER: 00456385) |
| ABBREVIATED BALANCE SHEET |
| 31 DECEMBER 2013 |
| 31/12/13 | 31/12/12 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Share premium |
| Revaluation reserve |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| CHARLES H COWARD LIMITED (REGISTERED NUMBER: 00456385) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 DECEMBER 2013 |
| 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. |
| The financial statements were approved by the Board of Directors on on its behalf by: |
| CHARLES H COWARD LIMITED (REGISTERED NUMBER: 00456385) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the |
| revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller |
| Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Goodwill |
| The directors have conducted an impairment view and decided that it would be more appropriate if |
| the reminder of the acquired goodwill is written off in equal annual instalments over the estimated |
| useful economic life of 20 years. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Patterns and dies | - |
| Freehold land and buildings are formally revalued every three years by Chartered Surveyors to open |
| market value. They are revalued by the directors in the interim if they consider the value to be |
| materially different than that stated in the accounts. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date where transactions or events have occurred at that date that will result in an |
| obligation to pay more, or a right to pay less or to receive more, tax. |
| Foreign currencies |
| Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the |
| rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at |
| the date of the transactions. All differences are taken to the Profit and Loss account. |
| Hire purchase and leasing commitments |
| Rentals payable under operating leases are charged against income on a straight line basis over the |
| lease term. |
| Pension costs and other post-retirement benefits |
| The company operates pension schemes for the benefit of the directors. The funds of the schemes are |
| administered by Trustees and are separate from the company. It is a defined contribution pension |
| scheme. Contributions are charged to the profit and loss account in the period to which they relate. |
| Investments |
| Fixed assets investments are stated at cost less provision for permanent diminution in value. |
| CHARLES H COWARD LIMITED (REGISTERED NUMBER: 00456385) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| 1. | ACCOUNTING POLICIES - continued |
| Government grants |
| Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit |
| and loss account over the expected useful life of the assets. Grants towards revenue expenditure are |
| released to the profit and loss account as the related expenditure is incurred. |
| Group accounts |
| The company is entitled to the exemption under Section 248 of the Companies Act 1985 from the |
| obligation to prepare group accounts. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| and 31 December 2013 |
| AMORTISATION |
| At 1 January 2013 |
| Amortisation for year |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST OR VALUATION |
| At 1 January 2013 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2013 |
| DEPRECIATION |
| At 1 January 2013 |
| Charge for year |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| CHARLES H COWARD LIMITED (REGISTERED NUMBER: 00456385) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 January 2013 |
| and 31 December 2013 | 63,416 |
| PROVISIONS |
| At 1 January 2013 |
| and 31 December 2013 | 23,216 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| The company's investments at the balance sheet date in the share capital of companies include the |
| following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary £1 | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 100 | 100 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary £1 | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1 | 1 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary £1 | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 687 | 394 |
| Profit for the year | 293 | 221 |
| CHARLES H COWARD LIMITED (REGISTERED NUMBER: 00456385) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 31/12/13 | 31/12/12 |
| £ | £ |
| Repayable by instalments | 51,771 | 140,585 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/12/13 | 31/12/12 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary "A" | £1 |
| 8,725 | 10,975 |