Company Registration No. 05245761 (England and Wales)
Cramer (UK) Limited
Unaudited accounts
for the year ended 31 October 2017
Cramer (UK) Limited
Unaudited accounts
Contents
Cramer (UK) Limited
Company Information
for the year ended 31 October 2017
Directors
David S Ewens
Mary J Ewens
Company Number
05245761 (England and Wales)
Registered Office
BRAMWELL BARN
WESTHAM
WEDMORE
SOMERSET
BS28 4UY
Accountants
Sophie Trafford
Cramer (UK) Limited
Statement of financial position
as at 31 October 2017
Intangible assets
7,000
8,000
Cash at bank and in hand
569,849
501,805
Creditors: amounts falling due within one year
(95,302)
(143,655)
Net current assets
663,576
597,569
Net assets
670,576
605,569
Called up share capital
5
5
Profit and loss account
670,571
605,564
Shareholders' funds
670,576
605,569
For the year ending 31 October 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 24 July 2018.
David S Ewens
Director
Company Registration No. 05245761
Cramer (UK) Limited
Notes to the Accounts
for the year ended 31 October 2017
Cramer (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 05245761. The registered office is BRAMWELL BARN, WESTHAM, WEDMORE, SOMERSET, BS28 4UY.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Stocks is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Cramer (UK) Limited
Notes to the Accounts
for the year ended 31 October 2017
4
Intangible fixed assets
Goodwill
Finished goods
63,857
80,427
Trade debtors
125,168
158,988
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
93,143
141,940
Loans from directors
443
80
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
4 B Ordinary shares of £1 each
4
4
9
Average number of employees
During the year the average number of employees was 3 (2016: 3).
