Catterall & Co Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08505442 (England and Wales)

Financial Statements

for the Year Ended 30 April 2018

for

Catterall & Co Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C R Catterall

T J P Catterall

SECRETARY:

C R Catterall

REGISTERED OFFICE:

3 The Crescent

Carlton-in-Cleveland

MIDDLESBROUGH

North Yorkshire

TS9 7BH

REGISTERED NUMBER:

08505442 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

County Durham

DL3 7RT

FIXED ASSETS

Tangible assets

4

246

271

CURRENT ASSETS

Debtors

5

13,500

10,225

Cash at bank

8,811

6,399

22,311

16,624

CREDITORS

Amounts falling due within one year

6

19,230

13,708

NET CURRENT ASSETS

3,081

2,916

TOTAL ASSETS LESS CURRENT LIABILITIES

3,327

3,187

PROVISIONS FOR LIABILITIES

7

25

-

NET ASSETS

3,302

3,187

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

3,202

3,087

SHAREHOLDERS' FUNDS

3,302

3,187

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 27 September 2018 and were signed on its behalf by:

C R Catterall - Director

1.	STATUTORY INFORMATION

Catterall & Co 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.

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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Income Recognition

Income is recognised when the contractual rights to the good have been transferred to the buyer.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2017

2,779

Additions

113

At 30 April 2018

2,892

DEPRECIATION

At 1 May 2017

2,508

Charge for year

138

At 30 April 2018

2,646

NET BOOK VALUE

At 30 April 2018

246

At 30 April 2017

271

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

-

485

Prepayments and accrued income

13,500

9,740

13,500

10,225

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

1,505

323

Corporation tax

880

5,060

Taxation and social security

1,180

-

Directors' current accounts

14,115

7,325

Accruals and deferred income

1,550

1,000

19,230

13,708

7.	PROVISIONS FOR LIABILITIES

2018

2017

£

£

Deferred tax

25

-

Deferred

tax

£

Accelerated capital allowances

25

Balance at 30 April 2018

25

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES