Callow & Griffiths Limited - Accounts to registrar (filleted) - small 18.2

Callow & Griffiths Limited - Accounts to registrar (filleted) - small 18.2

CALLOW & GRIFFITHS LIMITED - Company Information

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UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2018

FOR

CALLOW & GRIFFITHS LIMITED
Evans Weir
The Victoria
25 St Pancras
Chichester
West Sussex
PO19 7LT








CALLOW & GRIFFITHS LIMITED (REGISTERED NUMBER: 09779595)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CALLOW & GRIFFITHS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2018







DIRECTORS: L R M Griffiths
G Callow





REGISTERED OFFICE: C/o Evans Weir
The Victoria
25 St Pancras
Chichester
West Sussex
PO19 7LT





REGISTERED NUMBER: 09779595 (England and Wales)





ACCOUNTANTS: Evans Weir
The Victoria
25 St Pancras
Chichester
West Sussex
PO19 7LT
Page 1
CALLOW & GRIFFITHS LIMITED (REGISTERED NUMBER: 09779595)

BALANCE SHEET
30TH SEPTEMBER 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,319 28,381

CURRENT ASSETS
Stocks 18,090 1,080
Debtors 5 26,730 19,739
Cash at bank and in hand 69,822 12,013
114,642 32,832
CREDITORS
Amounts falling due within one year 6 66,766 35,753
NET CURRENT ASSETS/(LIABILITIES) 47,876 (2,921 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
86,195
25,460

CREDITORS
Amounts falling due after more than one
year
7
12,368
7,124
NET ASSETS 73,827 18,336

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 72,827 17,336
SHAREHOLDERS' FUNDS 73,827 18,336

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 notes form part of these financial statements

Page 2 continued...
CALLOW & GRIFFITHS LIMITED (REGISTERED NUMBER: 09779595)

BALANCE SHEET - continued
30TH SEPTEMBER 2018


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 25th January 2019 and were signed on its behalf
by:




L R M Griffiths - Director



G Callow - Director


The notes form part of these financial statements

Page 3
CALLOW & GRIFFITHS LIMITED (REGISTERED NUMBER: 09779595)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2018

1. STATUTORY INFORMATION

Callow & Griffiths 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Page 4 continued...
CALLOW & GRIFFITHS LIMITED (REGISTERED NUMBER: 09779595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2018

2. ACCOUNTING POLICIES - continued

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 4 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st October 2017 41,695
Additions 22,547
At 30th September 2018 64,242
DEPRECIATION
At 1st October 2017 13,314
Charge for year 12,609
At 30th September 2018 25,923
NET BOOK VALUE
At 30th September 2018 38,319
At 30th September 2017 28,381

Page 5 continued...
CALLOW & GRIFFITHS LIMITED (REGISTERED NUMBER: 09779595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2018

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st October 2017
and 30th September 2018 17,800
DEPRECIATION
At 1st October 2017
and 30th September 2018 6,119
NET BOOK VALUE
At 30th September 2018 11,681
At 30th September 2017 11,681

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 23,041 18,144
Other debtors 3,689 1,595
26,730 19,739

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts 8,805 4,317
Trade creditors 485 1,303
Taxation and social security 52,054 27,677
Other creditors 5,422 2,456
66,766 35,753

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Hire purchase contracts 12,368 7,124

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £90,000 were paid to the directors .

Page 6