Custom Crafted Limited - Accounts to registrar (filleted) - small 18.2
Custom Crafted Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| CUSTOM CRAFTED LIMITED |
| Financial Statements |
| For The Year Ended 31 March 2018 |
| CUSTOM CRAFTED LIMITED (REGISTERED NUMBER: 09443351) |
| Contents of the Financial Statements |
| For The Year Ended 31 March 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| CUSTOM CRAFTED LIMITED |
| Company Information |
| For The Year Ended 31 March 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Statutory Auditor |
| Bridge House |
| London Bridge |
| London |
| SE1 9QR |
| CUSTOM CRAFTED LIMITED (REGISTERED NUMBER: 09443351) |
| Balance Sheet |
| 31 March 2018 |
| 2018 | 2017 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 3 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| CUSTOM CRAFTED LIMITED (REGISTERED NUMBER: 09443351) |
| Notes to the Financial Statements |
| For The Year Ended 31 March 2018 |
| 1. | STATUTORY INFORMATION |
| Custom Crafted Limited is a |
| 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 accounts have been prepared on a going concern basis as the parent company, Fireclad Limited, has |
| indicated that it will continue to support the company for a period of at least twelve months from the balance |
| sheet date. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party |
| transactions with wholly owned subsidiaries within the group. |
| Significant judgements and estimates |
| The preparation of financial statements requires management to make judgements, estimates and assumptions |
| about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates |
| and underlying assumptions are based on historical experience and other factors that are considered to be |
| relevant. Actual results may differ from these estimates. |
| The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates |
| are recognised in the period in which the estimate is revised if the revision affects only that period, or in the |
| period of the revision and future periods if the revision affects both current and future periods. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Amounts recoverable on long-term contracts are stated at the lower of cost and net realisable value. Long-term |
| contract balances are stated at net cost less foreseeable losses less any applicable payments on account. Provided |
| that the outcome of the long-term contracts can bes assessed with reasonable certainty, such contracts are valued |
| at cost plus attributable profit earned to date and consists of material and direct labour costs attributable profit |
| earned to date. |
| 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. |
| CUSTOM CRAFTED LIMITED (REGISTERED NUMBER: 09443351) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2018 |
| 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. |
| 3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Amounts recoverable on contract |
| Other debtors |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| 5. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 6. | ULTIMATE CONTROLLING PARTY |
| The directors of the company regard Adparo Group Limited, a company incorporated in the UK to be the |
| ultimate parent company. Mr D Flynn and Mr M Skinner are considered the ultimate controlling party due to |
| their majority shareholding in Adparo Group Limited. |