CW Partitions & Floors Limited - Accounts to registrar (filleted) - small 17.3
CW Partitions & Floors Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 October 2016 |
| for |
| CW Partitions & Floors Limited |
| CW Partitions & Floors Limited (Registered number: 06743009) |
| Contents of the Financial Statements |
| for the year ended 31 October 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| CW Partitions & Floors Limited |
| Company Information |
| for the year ended 31 October 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| CW Partitions & Floors Limited (Registered number: 06743009) |
| Balance Sheet |
| 31 October 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 3 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the director on |
| CW Partitions & Floors Limited (Registered number: 06743009) |
| Notes to the Financial Statements |
| for the year ended 31 October 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts have been prepared on the going concern basis which assumes that the company will continue in |
| operational existence for the foreseeable future, which the directors consider appropriate. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Exemption from preparing a cash flow statement |
| The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt |
| from the requirement to prepare such a statement under Financial Reporting Standard 1 Cash flow statements |
| and Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Turnover |
| Turnover represents the net invoiced value of sales made during the year, excluding value added tax. |
| Tangible fixed assets |
| Motor vehicles | - |
| Stocks |
| Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net |
| realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow |
| moving, obsolete or damaged stock where the net realisable value is less than cost. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| A deferred tax asset is regarded as recoverable and therefore recognised only when, on the basis fo all available |
| evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the |
| future reversal of the underlying timing differences can be deducted. |
| Deferred tax is measured on a non-discounted basis at the average tax rates that are expected to apply in the |
| periods in which the timing differences are expected to reverse, based on the tax rates and laws which have been |
| enacted or substantively enacted by the balance sheet date. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| CW Partitions & Floors Limited (Registered number: 06743009) |
| Notes to the Financial Statements - continued |
| for the year ended 31 October 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Motor |
| vehicles |
| £ |
| COST |
| At 1 November 2015 |
| Disposals | ( |
) |
| At 31 October 2016 |
| DEPRECIATION |
| At 1 November 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 October 2016 |
| NET BOOK VALUE |
| At 31 October 2016 |
| At 31 October 2015 |
| 3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade debtors |
| Fire Lining Systems Limited |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts |
| Accrued expenses |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | CONTROL |
| The controlling party is |