Cooper Weston Electrical Contractors Lim - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07993927 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Cooper Weston Electrical Contractors

Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S P D Weston

S C D Cooper

REGISTERED OFFICE:

Anova House

Wickhurst Lane

Broadbridge Heath

Horsham

West Sussex

RH12 3LZ

REGISTERED NUMBER:

07993927 (England and Wales)

ACCOUNTANTS:

Anova

Chartered Accountants

Anova House

Wickhurst Lane

Broadbridge Heath

Horsham

West Sussex

RH12 3LZ

FIXED ASSETS

Tangible assets

4

2,200

2,947

CURRENT ASSETS

Stocks

2,000

2,000

Debtors

5

16,226

(5,752

)

Cash at bank

79,346

70,349

97,572

66,597

CREDITORS

Amounts falling due within one year

6

53,219

24,287

NET CURRENT ASSETS

44,353

42,310

TOTAL ASSETS LESS CURRENT LIABILITIES

46,553

45,257

CREDITORS

Amounts falling due after more than one year

7

22,749

45,917

NET ASSETS/(LIABILITIES)

23,804

(660

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

23,802

(662

)

SHAREHOLDERS' FUNDS

23,804

(660

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 1 October 2018 and were signed on its behalf by:

S C D Cooper - Director

1.	STATUTORY INFORMATION

Cooper Weston Electrical Contractors Ltd 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.

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.

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.

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 7 (2017 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

and 31 March 2018

7,194

DEPRECIATION

At 1 April 2017

4,247

Charge for year

747

At 31 March 2018

4,994

NET BOOK VALUE

At 31 March 2018

2,200

At 31 March 2017

2,947

5.

DEBTORS

31.3.18

31.3.17

£

£

Amounts falling due within one year:

Trade debtors

2,575

(5,752

)

Other debtors

8,282

-

10,857

(5,752

)

Amounts falling due after more than one year:

Other debtors

5,369

-

Aggregate amounts

16,226

(5,752

)

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Bank loans and overdrafts

73

154

Trade creditors

27,071

9,077

Taxation and social security

26,075

15,056

53,219

24,287

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Other creditors

22,749

45,917

8.	ULTIMATE CONTROLLING PARTY

The controlling party is S C D Cooper.