Caen Field Car Park Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02367390 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

CAEN FIELD CAR PARK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B D Ellis

Mrs B Triggs

E H Manix

Mrs J G Manix

I P E Manix

SECRETARY:

I P E Manix

REGISTERED OFFICE:

The Custom House

The Strand

Barnstaple

Devon

EX31 1EU

REGISTERED NUMBER:

02367390 (England and Wales)

ACCOUNTANTS:

Perrins Limited

Chartered Accountants

The Custom House

The Strand

Barnstaple

Devon

EX31 1EU

FIXED ASSETS

Tangible assets

5

4,478

2,175

CURRENT ASSETS

Debtors

6

-

338

Cash at bank

13,428

5,763

13,428

6,101

CREDITORS

Amounts falling due within one year

7

6,786

2,836

NET CURRENT ASSETS

6,642

3,265

TOTAL ASSETS LESS CURRENT LIABILITIES

11,120

5,440

CAPITAL AND RESERVES

Called up share capital

8

1,800

1,800

Retained earnings

9

9,320

3,640

SHAREHOLDERS' FUNDS

11,120

5,440

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 and authorised for issue by the Board of Directors on 28 November 2018 and were signed on its behalf by:

I P E Manix - Director

E H Manix - Director

1.	STATUTORY INFORMATION

Caen Field Car Park Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on the going concern basis. The directors have considered the financial

position of the company for the twelve months from the date of approving these financial statements and

consider that the going concern basis is appropriate.

The company is dependant on the continued support of the directors.

It is the intention of the directors that the company will continue in its trading activities for a period of at least

twelve months from the date of approval of these financial statements

The directors, being sufficiently knowledgeable, consider that the company will be commercially able to

continue trading in the current economic climate.

The financial statements are prepared in sterling which is the functional currency of the company and rounded to

the nearest pound.

Tangible fixed assets

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

Land and buildings

-

not provided

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.

Financial instruments

Financial instruments are defined as a contract which gives rise to a financial asset of one entity and a financial

liability or equity instrument of another entity.

Basic financial instruments are classified under section 11 of FRS 102 and are held at amortised cost. These

include cash, trade debtors and creditors and other non-complicated loans.

Income recognition

Turnover represents net invoiced sales of goods and services, excluding value added tax and is derived from the

ordinary activities

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to

the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the

outcome of a contract cannot be estimated reliably.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2017

2,175

-

2,175

Additions

-

3,454

3,454

At 31 March 2018

2,175

3,454

5,629

DEPRECIATION

Charge for year

-

1,151

1,151

At 31 March 2018

-

1,151

1,151

NET BOOK VALUE

At 31 March 2018

2,175

2,303

4,478

At 31 March 2017

2,175

-

2,175

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

-

338

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Tax

1,375

623

Other creditors

138

-

Accrued expenses

5,273

2,213

6,786

2,836

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

18

Ordinary Shares

£100

1,800

1,800

9.

RESERVES

Retained

earnings

£

At 1 April 2017

3,640

Profit for the year

8,164

Dividends

(2,484

)

At 31 March 2018

9,320