Control Pest UK Ltd - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 07966317 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

CONTROL PEST UK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J R Hobbins

REGISTERED OFFICE:

20 Apple Way

Old Basing

Basingstoke

Hampshire

RG24 7HA

REGISTERED NUMBER:

07966317 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Unit 4 Brunel Buildings

Brunel Road

Newton Abbot

Devon

TQ12 4PB

BANKERS:

NatWest

123 Winchester Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2UA

FIXED ASSETS

Intangible assets

4

7,600

8,075

Tangible assets

5

9,423

5,644

17,023

13,719

CURRENT ASSETS

Stocks

9,000

7,000

Debtors

6

11,723

18,693

Cash at bank

18,069

5,257

38,792

30,950

CREDITORS

Amounts falling due within one year

7

22,118

18,386

NET CURRENT ASSETS

16,674

12,564

TOTAL ASSETS LESS CURRENT LIABILITIES

33,697

26,283

PROVISIONS FOR LIABILITIES

1,884

1,129

NET ASSETS

31,813

25,154

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

31,713

25,054

SHAREHOLDERS' FUNDS

31,813

25,154

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 22 December 2016 and were signed by:

Mr J R Hobbins - Director

1.	STATUTORY INFORMATION

Control Pest UK Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

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

-

20% on reducing balance

Computer equipment

-

25% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2015

and 31 March 2016

9,500

AMORTISATION

At 1 April 2015

1,425

Amortisation for year

475

At 31 March 2016

1,900

NET BOOK VALUE

At 31 March 2016

7,600

At 31 March 2015

8,075

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2015

7,716

-

305

8,021

Additions

3,871

285

2,744

6,900

At 31 March 2016

11,587

285

3,049

14,921

DEPRECIATION

At 1 April 2015

2,217

-

160

2,377

Charge for year

2,317

43

761

3,121

At 31 March 2016

4,534

43

921

5,498

NET BOOK VALUE

At 31 March 2016

7,053

242

2,128

9,423

At 31 March 2015

5,499

-

145

5,644

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

11,565

17,971

Prepayments

158

722

11,723

18,693

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

-

29

Tax

7,028

6,466

Social security and other taxes

577

228

VAT

3,117

522

Other creditors

277

1,317

Directors' current accounts

8,595

7,508

Accrued expenses

2,524

2,316

22,118

18,386

8.	OTHER FINANCIAL COMMITMENTS

The company is committed to non-cancellable operating leases to the total of £6,501.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Mr J Hobbins, the director, has given a personal guarantee in respect of the bank overdraft

and bank loan of £25,000.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £24,000 were paid to the director .

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J R Hobbins.