Company Registration No. 08850233 (England and Wales)
Tom Cridland Limited
Annual report and unaudited accounts
for the year ended 31 January 2017
Tom Cridland Limited
Annual report and unaudited accounts
Contents
Tom Cridland Limited
Company Information
for the year ended 31 January 2017
Directors
Thomas Peter Jonathan Cridland
Deborah Marx
Company Number
08850233 (England and Wales)
Registered Office
Home Farm House
Peterborough
PE8 5SG
Accountants
UK Online Accountant
International House
24 Holborn Viaduct
London
EC1A 2BN
Tom Cridland Limited
Accountants' report
Accountants' report to the board of directors of Tom Cridland Limited on the preparation of the unaudited statutory accounts for the year ended 31 January 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Tom Cridland Limited for the year ended
31 January 2017 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Tom Cridland Limited, as a body, in accordance with the terms of our engagement letter dated 12 March 2017. Our work has been undertaken solely to prepare for your approval the accounts of Tom Cridland Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tom Cridland Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Tom Cridland Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Tom Cridland Limited. You consider that Tom Cridland Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Tom Cridland Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
UK Online Accountant
International House
24 Holborn Viaduct
London
EC1A 2BN
17 March 2017
Tom Cridland Limited
Statement of financial position
as at
31 January 2017
Intangible assets
8,925
9,450
Cash at bank and in hand
100
100
Creditors: amounts falling due within one year
(44,370)
(3,153)
Net current assets
83,110
2,947
Total assets less current liabilities
92,035
12,397
Creditors: amounts falling due after more than one year
-
(23,304)
Net assets/(liabilities)
92,035
(10,907)
Called up share capital
100
100
Profit and loss account
91,935
(11,007)
Shareholders' funds
92,035
(10,907)
For the year ending 31 January 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 17 March 2017.
Thomas Peter Jonathan Cridland
Director
Company Registration No. 08850233
Tom Cridland Limited
Statement of Changes in Equity
as at
31 January 2017
Share
capital
Profit
& loss
account
Total
At 1 February 2015
100
(8,998)
(8,898)
Loss for the year
(2,009)
(2,009)
At 31 January 2016
100
(11,007)
(10,907)
At 1 February 2016
100
(11,007)
(10,907)
Profit for the year
102,942
102,942
At 31 January 2017
100
91,935
92,035
Tom Cridland Limited
Notes to the Accounts
for the year ended 31 January 2017
Tom Cridland Limited is a private company, limited by shares, registered in England and Wales, registration number 08850233. The registered office and principal place of business is Home Farm House, Peterborough, PE8 5SG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 January 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Accounting Estimates & Judgements
In the preparation of the financial statements, management has made judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. The estimates, assumptions and judgements have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the financial statements within the next financial year.
Tom Cridland Limited
Notes to the Accounts
for the year ended 31 January 2017
4
Intangible fixed assets
Goodwill
At 1 February 2016
10,500
At 31 January 2017
10,500
Finished goods
57,536
6,000
Accrued income and prepayments
3,900
-
7
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
8
2,403
Other taxes and social security costs
19,208
-
8
Creditors: amounts falling due after more than one year
2017
2016
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).