Company Registration No. 09278008 (England and Wales)
A C Coughtrey & Son Limited
Unaudited accounts
for the year ended 31 July 2020
A C Coughtrey & Son Limited
Unaudited accounts
Contents
A C Coughtrey & Son Limited
Company Information
for the year ended 31 July 2020
Directors
Mr Anthony C Coughtrey
Mr Alec Coughtrey
Company Number
09278008 (England and Wales)
Registered Office
Stane Street Nurseries
Stane Street, Codmore Hill
Pulborough
West Sussex
RH20 1BQ
England
Accountants
JJH Accounts & Bookkeeping
10 Shepherds Mead
Findon Valley
Worthing
West Sussex
BN14 0JA
A C Coughtrey & Son Limited
Accountants' report
Accountants' report to the board of directors of A C Coughtrey & Son Limited on the preparation of the unaudited statutory accounts for the year ended 31 July 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
A C Coughtrey & Son Limited for the year ended
31 July 2020 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 A C Coughtrey & Son Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of A C Coughtrey & Son 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 A C Coughtrey & Son Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that A C Coughtrey & Son 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 profit of A C Coughtrey & Son Limited. You consider that A C Coughtrey & Son 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 A C Coughtrey & Son 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.
JJH Accounts & Bookkeeping
10 Shepherds Mead
Findon Valley
Worthing
West Sussex
BN14 0JA
2 October 2020
A C Coughtrey & Son Limited
Statement of financial position
as at
31 July 2020
Tangible assets
163,517
149,587
Cash at bank and in hand
631,643
359,314
Creditors: amounts falling due within one year
(148,718)
(53,073)
Net current assets
494,550
312,452
Total assets less current liabilities
658,067
462,039
Creditors: amounts falling due after more than one year
-
(5,415)
Net assets
658,067
456,624
Called up share capital
2
2
Profit and loss account
658,065
456,622
Shareholders' funds
658,067
456,624
For the year ending 31 July 2020 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 and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2020 and were signed on its behalf by
Mr Anthony C Coughtrey
Director
Company Registration No. 09278008
A C Coughtrey & Son Limited
Notes to the Accounts
for the year ended 31 July 2020
A C Coughtrey & Son Limited is a private company, limited by shares, registered in England and Wales, registration number 09278008. The registered office is Stane Street Nurseries, Stane Street, Codmore Hill, Pulborough, West Sussex, RH20 1BQ, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
A C Coughtrey & Son Limited
Notes to the Accounts
for the year ended 31 July 2020
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 August 2019
125,000
18,332
27,274
3,382
6,915
180,903
Additions
-
-
29,995
-
-
29,995
Disposals
-
-
(20,448)
-
-
(20,448)
At 31 July 2020
125,000
18,332
36,821
3,382
6,915
190,450
At 1 August 2019
-
9,340
17,865
1,929
2,182
31,316
Charge for the year
-
2,701
5,999
500
621
9,821
On disposals
-
-
(14,204)
-
-
(14,204)
At 31 July 2020
-
12,041
9,660
2,429
2,803
26,933
At 31 July 2020
125,000
6,291
27,161
953
4,112
163,517
At 31 July 2019
125,000
8,992
9,409
1,453
4,733
149,587
Trade debtors
3,650
2,787
Accrued income and prepayments
969
1,871
7
Creditors: amounts falling due within one year
2020
2019
Trade creditors
52,664
18,520
Taxes and social security
55,675
32,495
Loans from directors
39,729
-
A C Coughtrey & Son Limited
Notes to the Accounts
for the year ended 31 July 2020
8
Creditors: amounts falling due after more than one year
2020
2019
Aggregate of amounts that fall due for payment after five years
-
39,728
Monies owed To Directors Alec Coughtrey £27476. Anthony Coughtrey £12252
9
Average number of employees
During the year the average number of employees was 12 (2019: 10).