Cuerden Consultants Limited - Period Ending 2017-03-31

Registration number: 00493464

Cuerden Consultants Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2017

Crossley & Davis
Ground Floor Seneca House
Links Point, Amy Johnson Way
Blackpool
FY4 2FF

Cuerden Consultants Limited

Profit and Loss Account for the Year Ended 31 March 2017

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

The notes on pages 3 to 6 form an integral part of these financial statements.

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Cuerden Consultants Limited

(Registration number: 00493464)
Balance Sheet as at 31 March 2017

	Note	2017 £	2016 £
Fixed assets
Tangible assets	3	1	1
Investments	4	914	914
		915	915
Capital and reserves
Called up share capital	6	100	100
Profit and loss account		815	815
Total equity		915	915

For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 19 December 2017 and signed on its behalf by:
 

.........................................

Mr Philip Milton Barker

Director

The notes on pages 3 to 6 form an integral part of these financial statements.

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Cuerden Consultants Limited

Notes to the Financial Statements for the Year Ended 31 March 2017

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
256-280 Ribbleton Lane
Preston
Lancashire
PR1 5EB
England

These financial statements were authorised for issue by the Board on 19 December 2017.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Other plant and equipment	-

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Cuerden Consultants Limited

Notes to the Financial Statements for the Year Ended 31 March 2017

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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Cuerden Consultants Limited

Notes to the Financial Statements for the Year Ended 31 March 2017

3	Tangible assets

	Other property, plant and equipment  £	Total £
Cost or valuation
At 1 April 2016	341	341
At 31 March 2017	341	341
Depreciation
At 1 April 2016	340	340
At 31 March 2017	340	340
Carrying amount
At 31 March 2017	1	1
At 31 March 2016	1	1

4	Investments in subsidiaries, joint ventures and associates

	2017 £	2016 £
Investments in subsidiaries	914	914

Subsidiaries	£
Cost or valuation
At 1 April 2016	914
Provision
Carrying amount
At 31 March 2017	914
At 31 March 2016	914

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

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Cuerden Consultants Limited

Notes to the Financial Statements for the Year Ended 31 March 2017

Undertaking	Registered office	Holding	Proportion of voting rights and shares held
			2017	2016
Subsidiary undertakings
Cuerden Motors (Bamber Bridge) Limited	256-280 Ribbleton Lane Preston Lancashire PR1 5EB	Ordinary Shares	64%	64%
	England

The principal activity of Cuerden Motors (Bamber Bridge) Limited is Sale of used cars and light motor vehicles

5

Debtors

	2017 £	2016 £
	-	-

6	Share capital

Allotted, called up and fully paid shares

	2017		2016
	No.	£	No.	£
Ordinary Shares of £1 each	100	100	100	100

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