Charles Cook & Company Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 05632155 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Charles Cook & Company Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C Cook

V L Neath

SECRETARY:

V L Neath

REGISTERED OFFICE:

Bush House

77, 79 & 81 Alma Road

Clifton

Bristol

BS8 2DP

REGISTERED NUMBER:

05632155 (England and Wales)

ACCOUNTANTS:

Pure Professionals Limited

Chartered Accountants & Tax Advisers

12 Whiteladies Road

Clifton

Bristol

BS8 1PD

BANKERS:

Handelsbanken

Bristol Branch

40 Queen Square

Bristol

BS1 4QP

FIXED ASSETS

Tangible assets

4

6,792

5,608

CURRENT ASSETS

Stocks

28,000

15,200

Debtors

235,730

141,686

Cash at bank

101,270

84,986

365,000

241,872

CREDITORS

Amounts falling due within one year

233,942

171,804

NET CURRENT ASSETS

131,058

70,068

TOTAL ASSETS LESS CURRENT LIABILITIES

137,850

75,676

CREDITORS

Amounts falling due after more than one year

(18,958

)

-

PROVISIONS FOR LIABILITIES

(1,317

)

(1,071

)

NET ASSETS

117,575

74,605

CAPITAL AND RESERVES

Called up share capital

1,477

1,477

Retained earnings

116,098

73,128

SHAREHOLDERS' FUNDS

117,575

74,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 28 June 2017 and were signed on its behalf by:

C Cook - Director

1.	STATUTORY INFORMATION

Charles Cook & Company 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 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.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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 that have been enacted or

substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement

of financial position 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.

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 13 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

16,771

Additions

4,954

At 31 March 2017

21,725

DEPRECIATION

At 1 April 2016

11,163

Charge for year

3,770

At 31 March 2017

14,933

NET BOOK VALUE

At 31 March 2017

6,792

At 31 March 2016

5,608