Charles Beddington Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04224989 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2017

FOR

CHARLES BEDDINGTON LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

C Beddington

REGISTERED OFFICE:

16 Savile Row

London

W1S 3PL

REGISTERED NUMBER:

04224989 (England and Wales)

ACCOUNTANT:

SBM Associates Limited

24 Wandsworth Road

London

SW8 2JW

FIXED ASSETS

Tangible assets

4

146

500

CURRENT ASSETS

Stocks

803,999

722,802

Debtors

5

532,611

222,921

Cash at bank and in hand

879,944

48,808

2,216,554

994,531

CREDITORS

Amounts falling due within one year

6

885,733

277,117

NET CURRENT ASSETS

1,330,821

717,414

TOTAL ASSETS LESS CURRENT LIABILITIES

1,330,967

717,914

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,330,867

717,814

SHAREHOLDERS' FUNDS

1,330,967

717,914

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 8 May 2018 and were signed by:

C Beddington - Director

1.	STATUTORY INFORMATION

Charles Beddington Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2016

and 31 May 2017

32,252

32,383

64,635

DEPRECIATION

At 1 June 2016

32,252

31,883

64,135

Charge for year

-

354

354

At 31 May 2017

32,252

32,237

64,489

NET BOOK VALUE

At 31 May 2017

-

146

146

At 31 May 2016

-

500

500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

431,627

111,565

Other debtors

100,984

111,356

532,611

222,921

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

150,393

155,229

Taxation and social security

217,343

41,795

Other creditors

517,997

80,093

885,733

277,117

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £120,000 (2016 - £620,000) were paid to the director .

8.	ULTIMATE CONTROLLING PARTY

The controlling party is C Beddington.