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Unaudited Financial Statements |
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for the Year Ended 30 November 2016 |
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for |
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Cliffside Windows Limited |
REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Year Ended 30 November 2016 |
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for |
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Cliffside Windows Limited |
Cliffside Windows Limited (Registered number: 00924406) |
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Contents of the Financial Statements |
for the year ended 30 November 2016 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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Cliffside Windows Limited |
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Company Information |
for the year ended 30 November 2016 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
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Cliffside Windows Limited (Registered number: 00924406) |
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Balance Sheet |
30 November 2016 |
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2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
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Investments | 3 |
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CURRENT ASSETS |
Stocks | 4 |
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Debtors | 5 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 6 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital | 8 |
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Profit and loss account | 9 |
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SHAREHOLDERS' FUNDS |
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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. |
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The financial statements were approved by the Board of Directors on
its behalf by: |
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Cliffside Windows Limited (Registered number: 00924406) |
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Notes to the Financial Statements |
for the year ended 30 November 2016 |
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1. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
At 30th November 2016 the company has agreed sufficient borrowing facilities in order to meet its |
working capital requirements hence the financial statements are prepared on a going concern |
basis. |
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Accounting convention |
The financial statements have been prepared under the historical cost convention and in |
accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
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Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
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Tangible fixed assets |
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Fixtures and fittings | - |
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Computer equipment | - |
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Stocks |
Stocks and work in progress are valued at the lower of cost and net realisable value, after making |
due allowance for obsolete and slow moving items. |
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Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
at the balance sheet date. |
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Leasing commitments |
Rentals payable under operating leases are charged to the profit and loss account on a straight line |
basis over the period of the lease. |
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2. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 December 2015 |
and 30 November 2016 |
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DEPRECIATION |
At 1 December 2015 |
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Charge for year |
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At 30 November 2016 |
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NET BOOK VALUE |
At 30 November 2016 |
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At 30 November 2015 |
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Cliffside Windows Limited (Registered number: 00924406) |
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Notes to the Financial Statements - continued |
for the year ended 30 November 2016 |
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3. | FIXED ASSET INVESTMENTS |
Unlisted |
investments |
£ |
COST |
At 1 December 2015 |
and 30 November 2016 | 1,375 |
NET BOOK VALUE |
At 30 November 2016 |
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At 30 November 2015 |
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4. | STOCKS |
2016 | 2015 |
£ | £ |
Stocks |
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Work-in-progress |
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5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2016 | 2015 |
£ | £ |
Trade debtors | 43,247 | 41,153 |
Other debtors | 95,299 | 118,685 |
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6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2016 | 2015 |
£ | £ |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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7. | LOANS |
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An analysis of the maturity of loans is given below: |
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2016 | 2015 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank overdrafts |
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8. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
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Ordinary | £1 |
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Cliffside Windows Limited (Registered number: 00924406) |
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Notes to the Financial Statements - continued |
for the year ended 30 November 2016 |
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9. | RESERVES |
Profit |
and loss |
account |
£ |
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At 1 December 2015 |
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Profit for the year |
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At 30 November 2016 |
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10. | PENSION COMMITMENTS |
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The company operates a non-contributory pension scheme. It is a defined contribution scheme and |
contributions are charged in the profit and loss account as they accrue. The charge for the year |
was £nil (2015: £nil) |
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11. | RELATED PARTY DISCLOSURES |
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Cliffside Construction Co Limited |
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A company in which Mr N Hunt is a shareholder |
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During the year Cliffside Construction Co Limited made sales of £75,404 (2015 £72,236). Cliffside |
Construction Co Limited also charged Cliffside Windows Limited £182,762 (2015 £150,945) for |
administration and £19,861 (2015 £29,991) for the use of vehicles and plant during the year. |
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2016 | 2015 |
£ | £ |
Amount due from related party at the balance sheet date |
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12. | ULTIMATE CONTROLLING PARTY |
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The controlling party is
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The ultimate controlling party is
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