| Crocodile Products Limited |
| Registered Number:07904764 |
For the year ended 30 June 2017
England and Wales
Unaudited Financial Statements
Crocodile Products Limited
Statement of Financial Position
2016
2017
| Property, plant and equipment |
63,933
21,478
2
63,933
21,478
793,069
804,359
| Trade and other receivables |
185,651
254,811
3
315,564
| Cash and cash equivalents |
773,582
1,832,752
1,294,284
| Trade and other payables: amounts falling due within one |
| year |
(1,197,525)
(1,554,349)
4
96,759
278,403
Net current assets
| Total assets less current liabilities |
342,336
118,237
342,336
Net assets
118,237
200
200
342,136
118,037
342,336
118,237
Shareholders' funds
| For the year ended 30 June 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| 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. |
| These financial statements were approved and authorised for issue by the Board on 14 September 2017 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 June 2017
Crocodile Products Limited
Notes to the Financial Statements
Statutory Information
| Crocodile Products Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 07904764. |
Spring Garden Mill
New Street
Milnsbridge
Huddersfield
HD3 4LN
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 30 June 2017
Crocodile Products Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
27,396
8,775
18,621
56,828
45,855
10,973
29,594
54,630
84,224
| Provision for depreciation and impairment |
5,918
2,194
3,724
Charge for year
14,373
10,047
4,326
20,291
12,241
8,050
21,544
42,389
63,933
14,897
6,581
21,478
| 3. Trade and other receivables |
2016
2017
130,488
96,960
| Prepayments and accrued income |
114,323
78,691
10,000
10,000
185,651
254,811
| 4. Trade and other payables: amounts falling due within one year |
2016
2017
769,198
559,352
| Taxation and social security |
190,565
123,940
| Accruals and deferred income |
25,008
31,259
| Directors' current accounts |
11,341
21,340
558,237
461,634
1,554,349
1,197,525
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