Chain Bar Electrical Engineers Limited
|
Registered Number
:
06100473
|
For the year ended 31 August 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2018
Chain Bar Electrical Engineers Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Chain Bar Electrical Engineers Limited
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
17,733
23,104
3
17,733
23,104
Trade and other receivables
|
57,802
97,673
4
130,102
Cash and cash equivalents
|
241,112
338,785
187,904
Trade and other payables
:
amounts falling due within one year
|
(48,099)
(172,385)
5
139,805
166,400
Net current assets
Total assets less current liabilities
|
184,133
162,909
(3,369)
(4,390)
Provisions for liabilities
|
180,764
Net assets
158,519
2
2
180,762
158,517
180,764
158,519
Shareholders' funds
For the year ended 31 August 2018 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 August 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their 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 applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 29 November 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 August 2018
Chain Bar Electrical Engineers Limited
Notes to the Financial Statements
Statutory Information
Chain Bar Electrical Engineers Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
06100473
.
|
49 Mazebrook Crescent
Gomersal
Cleckheaton
Bradford, West Yorkshire
BD19 4BS
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, 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:
|
Plant and machinery
Computer equipment
Motor vehicles
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.
|
2
.
Intangible fixed assets
|
Goodwill
80,000
80,000
80,000
80,000
-
-
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For the year ended 31 August 2018
Chain Bar Electrical Engineers Limited
Notes to the Financial Statements Continued
3
.
Property
,
plant and equipment
|
Motor vehicles
39,829
4,445
31,365
4,019
416
416
-
-
4,019
31,365
4,861
40,245
Provision for depreciation and impairment
|
16,725
3,600
11,063
2,062
Charge for year
5,787
416
5,077
294
22,512
4,016
16,140
2,356
1,663
15,225
845
17,733
1,957
20,302
845
23,104
4
.
Trade and other receivables
|
2017
2018
53,646
47,389
44,027
10,413
57,802
97,673
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
8,651
9,240
Taxation and social security
|
68,322
34,868
95,412
3,991
172,385
48,099
6
.
Average number of persons employed
|
During the year the average number of employees was 2 (2017 : 2)
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