Charlton Baker Limited 31/03/2018 iXBRL
Charlton Baker Limited 31/03/2018 iXBRL
Company registration number:
07179787
Unaudited filleted financial statements
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
|
|
|
||
|
||
Company number |
|
|
Registered office |
|
|
|
||
|
||
|
||
Business address |
|
|
|
||
|
||
|
||
Statement of financial position
31 March 2018
2018 | 2017 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Intangible assets | 5 |
|
|
||||||
Tangible assets | 6 |
|
|
||||||
Investments | 7 |
|
|
||||||
_______ | _______ | ||||||||
|
|
||||||||
Current assets | |||||||||
Stocks |
|
|
|||||||
Debtors | 8 |
|
|
||||||
Cash at bank and in hand |
|
|
|||||||
_______ | _______ | ||||||||
|
|
||||||||
Creditors: amounts falling due | |||||||||
within one year | 9 |
(
|
(
|
||||||
_______ | _______ | ||||||||
Net current liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Total assets less current liabilities |
|
|
|||||||
Creditors: amounts falling due | |||||||||
after more than one year | 10 |
(
|
(
|
||||||
Provisions for liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Net assets |
|
|
|||||||
_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
|
|
|||||||
_______ | _______ | ||||||||
Shareholders funds |
|
|
|||||||
_______ | _______ | ||||||||
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
21 December 2018
, and are signed on behalf of the board by:
Director
Company registration number:
07179787
Notes to the financial statements
Year ended 31 March 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7-7c Snuff Street, Devizes, Wiltshire, SN10 1DU.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Goodwill
Intangible assets
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill | - |
|
|
Combined other intangible assets | - |
|
|
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment | - |
|
|
|
Motor vehicles | - |
|
|
|
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
Stocks
Provisions
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
26
(2017:
25
).
5.
Intangible assets
Goodwill | Other intangible assets | Total | ||
£ | £ | £ | ||
Cost | ||||
At 1 April 2017 and 31 March 2018 |
|
|
|
|
_______ | _______ | _______ | ||
Amortisation | ||||
At 1 April 2017 |
|
|
|
|
Charge for the year |
|
|
|
|
_______ | _______ | _______ | ||
At 31 March 2018 |
|
|
|
|
_______ | _______ | _______ | ||
Carrying amount | ||||
At 31 March 2018 |
|
|
|
|
_______ | _______ | _______ | ||
At 31 March 2017 |
|
|
|
|
_______ | _______ | _______ | ||
6.
Tangible assets
Fixtures, fittings and equipment | Motor vehicles | Total | ||
£ | £ | £ | ||
Cost | ||||
At 1 April 2017 |
|
|
|
|
Additions | 20,037 | - | 20,037 | |
Disposals | - |
(
|
(
|
|
_______ | _______ | _______ | ||
At 31 March 2018 |
|
- |
|
|
_______ | _______ | _______ | ||
Depreciation | ||||
At 1 April 2017 |
|
|
|
|
Charge for the year |
|
- |
|
|
Disposals | - |
(
|
(
|
|
_______ | _______ | _______ | ||
At 31 March 2018 |
|
- |
|
|
_______ | _______ | _______ | ||
Carrying amount | ||||
At 31 March 2018 |
|
- |
|
|
_______ | _______ | _______ | ||
At 31 March 2017 |
|
|
|
|
_______ | _______ | _______ | ||
7.
Investments
Other investments other than loans | Total | ||
£ | £ | ||
Cost | |||
At 1 April 2017 |
|
|
|
Additions |
|
|
|
_______ | _______ | ||
At 31 March 2018 |
|
|
|
_______ | _______ | ||
Impairment | |||
At 1 April 2017 and 31 March 2018 | - | - | |
_______ | _______ | ||
Carrying amount | |||
At 31 March 2018 |
|
|
|
_______ | _______ | ||
At 31 March 2017 |
|
|
|
_______ | _______ | ||
8.
Debtors
2018 | 2017 | |||
£ | £ | |||
Trade debtors |
|
|
||
Other debtors |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
9.
Creditors: amounts falling due within one year
2018 | 2017 | |||
£ | £ | |||
Bank loans and overdrafts |
|
|
||
Trade creditors |
|
|
||
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
|
||
Social security and other taxes |
|
|
||
Other creditors |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
Creditors: amounts falling due within one year The total amount of creditors for which security has been given amounted to £42,168 (2017: £42, 168).
10.
Creditors: amounts falling due after more than one year
2018 | 2017 | |||
£ | £ | |||
Bank loans and overdrafts |
|
|
||
_______ | _______ | |||
Creditors: amounts falling due after more than one year The total amount of creditors for which security has been given amounted to £229,579 (2017: £254, 382). Net obligations under bank loans are secured by the directors.