Criton Electrical Services Limited - Accounts to registrar (filleted) - small 18.2
Criton Electrical Services Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| CRITON ELECTRICAL SERVICES LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2017 |
| CRITON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 05974229) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| For The Year Ended 30 November 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 6 |
| CRITON ELECTRICAL SERVICES LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 30 November 2017 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Bentley Bridge House |
| Chesterfield Road |
| Matlock |
| Derbyshire |
| DE4 5LE |
| CRITON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 05974229) |
| BALANCE SHEET |
| 30 November 2017 |
| 2017 | 2016 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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. |
| CRITON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 05974229) |
| BALANCE SHEET - continued |
| 30 November 2017 |
| The financial statements were approved by the director on |
| CRITON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 05974229) |
| NOTES TO THE FINANCIAL STATEMENTS |
| For The Year Ended 30 November 2017 |
| 1. | STATUTORY INFORMATION |
| Criton Electrical Services Limited is a |
| 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 |
| The directors have reviewed the company's current activities, future prospects and finance facilities. |
| The company has orders for work covering a period of several months ahead and continues to receive |
| enquiries to quote for further work. Many enquiries are from existing/returning customers and the |
| directors are confident that further orders will be obtained as the company has a good reputation for |
| reliability and the quality of its work. The company does not have any borrowings and has sufficient |
| cash reserves to allow it to continue to trade for the foreseeable future. As a result of this review the |
| directors have continued to adopt the going concern basis of accounting. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured |
| at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, |
| 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. |
| CRITON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 05974229) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 30 November 2017 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Hire purchase and leasing commitments |
| Assets held under finance leases and hire purchase contracts, which are those where substantially all |
| the risks and rewards of ownership of the asset have passed to the company, are capitalised in the |
| balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase |
| obligation is treated in the balance sheet as a liability. |
| The interest element of the rental obligations is charged to the profit and loss account over the period |
| of the lease and represents a constant proportion of the balance of capital repayments outstanding. |
| Rentals paid under operating leases are charged to income as incurred over the lease term. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 December 2016 |
| and 30 November 2017 |
| AMORTISATION |
| At 1 December 2016 |
| Charge for year |
| At 30 November 2017 |
| NET BOOK VALUE |
| At 30 November 2017 |
| At 30 November 2016 |
| CRITON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 05974229) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 30 November 2017 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor | Computer |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 December 2016 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 November 2017 |
| DEPRECIATION |
| At 1 December 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 November 2017 |
| NET BOOK VALUE |
| At 30 November 2017 |
| At 30 November 2016 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | RELATED PARTY DISCLOSURES |
| During the year the company has not entered into any material transactions with related parties that |
| have not been concluded under normal market conditions. |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |