Norfolk Refrigeration Catering Limited
|
Registered Number
:
05652510
|
For the year ended 31 December 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2017
Norfolk Refrigeration Catering Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Norfolk Refrigeration Catering Limited
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
131,810
20,962
2
131,810
20,962
3,932
3,815
3
Trade and other receivables
|
63,949
48,185
4
86,769
Cash and cash equivalents
|
7,993
59,993
154,650
Trade and other payables
:
amounts falling due within one year
|
(128,637)
(122,900)
5
26,013
(62,907)
Net current liabilities
Total assets less current liabilities
|
68,903
46,975
Trade and other payables
:
amounts falling due after more than
|
one year
|
-
(19,149)
6
(4,992)
(3,983)
Provisions for liabilities
|
44,762
Net assets
42,992
100
100
44,662
42,892
44,762
42,992
Shareholders' funds
For the year ended 31 December 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
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.
|
Mr Ian Michael Ellis Director
|
Mr Roy William Ellis Director
|
These financial statements were approved and authorised for issue by the Board on 15 August 2018 and were signed by:
|
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For the year ended 31 December 2017
Norfolk Refrigeration Catering Limited
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 5
For the year ended 31 December 2017
Norfolk Refrigeration Catering Limited
Notes to the Financial Statements
Statutory Information
Norfolk Refrigeration Catering Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
05652510
.
|
Principal place of business
:
|
1 Kettlewell Yard
Austin Fields Industrial Estate
King's Lynn
Norfolk
PE30 1PH
49 Castle Rising Road
South Wootton
King's Lynn
Norfolk
PE30 3JA
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as modified by the revaluation of certain
|
assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
|
3 of 5
For the year ended 31 December 2017
Norfolk Refrigeration Catering Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
39,304
4,691
34,613
-
121,754
470
15,746
105,538
-
(6,792)
-
(6,792)
105,538
43,567
5,161
154,266
Provision for depreciation and impairment
|
18,342
1,868
16,474
-
Charge for year
8,757
823
7,934
-
(4,643)
-
(4,643)
-
22,456
2,691
19,765
-
105,538
23,802
2,470
131,810
-
18,139
2,823
20,962
2016
2017
3,815
3,932
4
.
Trade and other receivables
|
2016
2017
40,752
57,894
7,433
6,055
63,949
48,185
5
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
4,463
-
8,537
17,655
Taxation and social security
|
11,974
31,739
97,926
79,243
122,900
128,637
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For the year ended 31 December 2017
Norfolk Refrigeration Catering Limited
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2016
2017
19,149
-
7
.
Related party transactions
|
Name
:
Roy Ellis
&
Ian Ellis
|
Current year
: (
£
89
,
425
)
|
Previous year
: (
£
73
,
072
)
|
Related Party Transactions
|
The credit movement of £
16
,
353
is represented by dividends not taken
.
|
8
.
Guarantees and other financial commitments
|
The company operates a defined contribution pension scheme
.
The scheme and its assets are held by independent
|
managers
.
The pension charge represents contributions due from the company and amounted to £
2
,
119
(
2016
-
£
1
,
200
)
|
Pension commitments
9
.
Average number of persons employed
|
During the year the average number of employees was 6 - (2016 : 6)
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