Cawarden Demo Co Limited - Accounts to registrar (filleted) - small 17.3
Cawarden Demo Co Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2018 |
| for |
| Cawarden Demo Co Limited |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Chartered Accountants' Report | 8 |
| Cawarden Demo Co Limited |
| Company Information |
| for the Year Ended 31 January 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Hanover Court |
| 5 Queen Street |
| Lichfield |
| Staffordshire |
| WS13 6QD |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Balance Sheet |
| 31 January 2018 |
| 2018 | 2017 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | 10 |
| 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. |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Balance Sheet - continued |
| 31 January 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Profit and loss has not been delivered. |
| The financial statements were approved by the director on |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2018 |
| 1. | STATUTORY INFORMATION |
| Cawarden Demo Co Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in |
| bringing stocks to their present location and condition. |
| Stocks are valued at the lower of cost and estimated selling prices less costs to sell. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, except to the |
| extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2018 |
| 3. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
| of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | TANGIBLE FIXED ASSETS |
| Freehold | Plant and | Motor |
| property | machinery | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 February 2017 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 January 2018 |
| DEPRECIATION |
| At 1 February 2017 |
| Charge for year |
| At 31 January 2018 |
| NET BOOK VALUE |
| At 31 January 2018 |
| At 31 January 2017 |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2018 |
| 5. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and | Motor |
| machinery | vehicles | Totals |
| £ | £ | £ |
| COST |
| At 1 February 2017 |
| Additions |
| Transfer to ownership | (150,100 | ) | (36,584 | ) | (186,684 | ) |
| At 31 January 2018 |
| DEPRECIATION |
| At 1 February 2017 |
| Charge for year |
| Transfer to ownership | (80,414 | ) | (29,289 | ) | (109,703 | ) |
| At 31 January 2018 |
| NET BOOK VALUE |
| At 31 January 2018 |
| At 31 January 2017 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Amounts owed by participating interests | 216,886 | 50,500 |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Amounts owed to participating interests | - | 8,260 |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2018 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 10. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 February 2017 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 January 2018 |
| 11. | RELATED PARTY DISCLOSURES |
| Cawarden Co. Limited |
| Associated company |
| Sales to Cawarden Co. Limited £119,862 (2017 £344,712) |
| Included in trade debtors £40,000 (2017 £30,000) |
| Purchases from Cawarden Co. Limited £113,800 (2017 £nil) |
| Included in trade creditors £44,800 (2017 £nil) |
| Loan |
| 2018 | 2017 |
| £ | £ |
| Amount due from/(to) related party at the balance sheet date | 159,386 | (8,260 | ) |
| W D Crooks |
| Director and shareholder |
| Loan |
| 2018 | 2017 |
| £ | £ |
| Amount due to related party at the balance sheet date | 9,947 | - |
| 12. | ULTIMATE CONTROLLING PARTY |
| The controlling party is W D Crooks. |
| Chartered Accountants' Report to the Director |
| on the Unaudited Financial Statements of |
| Cawarden Demo Co Limited |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
| a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
| Report of the Director are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Cawarden Demo Co Limited for the year ended 31 January 2018 which comprise the Profit and |
| loss, Balance Sheet and the related notes from the company's accounting records and from information and explanations |
| you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the director of Cawarden Demo Co Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cawarden Demo Co Limited and state those matters that we have agreed to state to the director of Cawarden Demo Co Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cawarden Demo Co Limited and its director for our work or for this report. |
| It is your duty to ensure that Cawarden Demo Co Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cawarden Demo Co Limited. You consider that Cawarden Demo Co Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Cawarden Demo Co Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Hanover Court |
| 5 Queen Street |
| Lichfield |
| Staffordshire |
| WS13 6QD |