Company Registration No. 07623286 (England and Wales)
Copper Beech Trading Ltd
Unaudited accounts
for the year ended 31 May 2017
Copper Beech Trading Ltd
Unaudited accounts
Contents
Copper Beech Trading Ltd
Company Information
for the year ended 31 May 2017
Directors
J L Tyndale
K L Tyndale
Company Number
07623286 (England and Wales)
Registered Office
120 QUEENS ROAD
HERSHAM
WALTON-ON-THAMES
SURREY
KT12 5LL
ENGLAND
Accountants
JIS Systems Ltd
Tempest House
Lyon Road
Walton-on-Thames
Surrey
KT12 3PU
Copper Beech Trading Ltd
Statement of financial position
as at 31 May 2017
Tangible assets
5,499
7,106
Cash at bank and in hand
87,606
174,102
Creditors: amounts falling due within one year
(51,752)
(91,007)
Net current assets
98,836
146,358
Net assets
104,335
153,464
Called up share capital
2
2
Profit and loss account
104,333
153,462
Shareholders' funds
104,335
153,464
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 February 2018.
J L Tyndale
Director
Company Registration No. 07623286
Copper Beech Trading Ltd
Notes to the Accounts
for the year ended 31 May 2017
Copper Beech Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 07623286. The registered office is 120 QUEENS ROAD, HERSHAM, WALTON-ON-THAMES, SURREY, KT12 5LL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 May 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
Copper Beech Trading Ltd
Notes to the Accounts
for the year ended 31 May 2017
4
Tangible fixed assets
Fixtures & fittings
Finished goods
48,000
45,872
Trade debtors
14,982
17,829
Accrued income and prepayments
-
(438)
7
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
495
22,448
Trade creditors
2,435
4,836
Taxes and social security
40,895
33,536
Other creditors
8,000
8,000
Loans from directors
(73)
22,187
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
