C&G Cladding Limited,Ltd - AccountsLtd - Accounts

C&G Cladding Limited,Ltd - AccountsLtd - Accounts

C&G CLADDING LIMITED - Company Information

Print Friendly Version

2016-04-01 08748534 2017-03-31 08748534 2016-04-01 2017-03-31 08748534 2016-03-31 08748534 2015-04-01 2016-03-31 08748534 uk-core:WithinOneYear 2016-03-31 08748534 uk-core:WithinOneYear 2017-03-31 08748534 uk-core:AfterOneYear 2016-03-31 08748534 uk-core:AfterOneYear 2017-03-31 08748534 uk-core:ShareCapital 2017-03-31 08748534 uk-core:ShareCapital 2016-03-31 08748534 uk-core:RetainedEarningsAccumulatedLosses 2017-03-31 08748534 uk-core:RetainedEarningsAccumulatedLosses 2016-03-31 08748534 uk-bus:Director1 2016-04-01 2017-03-31 08748534 uk-core:ToolsEquipment 2016-04-01 2017-03-31 08748534 uk-core:CommercialMotorVehicles 2016-04-01 2017-03-31 08748534 uk-core:FurnitureFittings 2016-04-01 2017-03-31 08748534 uk-core:ToolsEquipment 2016-03-31 08748534 uk-core:FurnitureFittings 2016-03-31 08748534 uk-core:CommercialMotorVehicles 2016-03-31 08748534 uk-core:CommercialMotorVehicles 2017-03-31 08748534 uk-core:FurnitureFittings 2017-03-31 08748534 uk-core:ToolsEquipment 2017-03-31 08748534 uk-core:AfterOneYear 2016-04-01 2017-03-31 iso4217:GBP 08748534 uk-bus:AuditExemptWithAccountantsReport 2016-04-01 2017-03-31 08748534 uk-bus:FRS102 2016-04-01 2017-03-31 08748534 uk-bus:FullAccounts 2016-04-01 2017-03-31 08748534 uk-bus:PrivateLimitedCompanyLtd 2016-04-01 2017-03-31
C&G Cladding Limited
Registered Number:08748534
For the year ended 31 March 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2017
C&G Cladding Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
As at 31 March 2017
C&G Cladding Limited
Statement of Financial Position
Registered Number :
08748534
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
23,296
5,204
2
23,296
5,204
Current assets
Inventories
9,961
8,646
Trade and other receivables
30,654
57,955
3
76,894
Cash and cash equivalents
102,632
169,233
117,509
Trade and other payables: amounts falling due within one
year
(68,022)
(66,532)
4
49,487
102,701
Net current assets
Total assets less current liabilities
125,997
54,691
Trade and other payables: amounts falling due after more
than one year
-
(7,813)
5
118,184
Net assets
54,691
Capital and reserves
Called up share capital
100
100
Retained earnings
118,084
54,591
118,184
54,691
Shareholders' funds
For the year ended 31 March 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 31 March 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
1 of 5
4
For the year ended 31 March 2017
C&G Cladding Limited
Statement of Financial Position Continued
Mr Christopher Colin Day Director
These financial statements were approved and authorised for issue by the Board on 15 December 2017 and were signed by:
The notes form part of these financial statements
2 of 5
5
For the year ended 31 March 2017
C&G Cladding Limited
Notes to the Financial Statements
Statutory Information
C&G Cladding Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08748534.
Registered address:
7 Willow Close
Flanderwell
Rotherham
S66 2QB
The presentation currency is £ sterling.
1. Accounting policies
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:
33% Straight line
Computer equipment
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
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
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
3 of 5
6
For the year ended 31 March 2017
C&G Cladding Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost or valuation
At 01 April 2016
10,193
2,527
1,860
5,806
26,432
1,432
-
25,000
Additions
At 31 March 2017
30,806
1,860
3,959
36,625
Provision for depreciation and impairment
At 01 April 2016
4,989
1,564
279
3,146
Charge for year
8,340
1,188
237
6,915
At 31 March 2017
13,329
2,752
516
10,061
At 31 March 2017
Net book value
20,745
1,344
1,207
23,296
At 31 March 2016
2,660
1,581
963
5,204
3. Trade and other receivables
2016
2017
£
£
Amounts owed by group undertakings and participating interests
12,000
-
Other debtors
45,955
30,654
30,654
57,955
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Taxation and social security
61,800
46,078
Other creditors
4,732
21,944
66,532
68,022
5. Trade and other payables: amounts falling due after more than one year
2016
2017
£
£
Other creditors
7,813
-
Finance obligations are secured on the assets held under the finance agreements.
4 of 5
7
For the year ended 31 March 2017
C&G Cladding Limited
Notes to the Financial Statements Continued
6. Related party transactions
At the balance sheet date the company owed the directors £28 (2016: £15,166).
Within debtors is an amount of £12,000 owing from Aven Sheds & Fencing Limited, a company of which Mr C Day is
a director and Mrs G Day is a secretary.
The ultimate controlling party is the directors.
5 of 5