CLH Trading Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04576768 (England and Wales)

ABRIDGED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

CLH TRADING LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C L Harrison

Mrs G Harrison

P Newell

SECRETARY:

C L Harrison

REGISTERED OFFICE:

Culverhay

Sampford Arundel

Wellington

Somerset

TA21 9QS

REGISTERED NUMBER:

04576768 (England and Wales)

ACCOUNTANTS:

Nicholson Tax & Accounts

The Old Dairy

Chevin Green Farm

Chevin Road

Belper

Derbyshire

DE56 2UN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

20,192

15,182

20,192

15,182

CURRENT ASSETS

Stocks

13,200

12,000

Debtors

1,376

-

Cash at bank and in hand

50,906

47,080

65,482

59,080

CREDITORS

Amounts falling due within one year

23,949

28,149

NET CURRENT ASSETS

41,533

30,931

TOTAL ASSETS LESS CURRENT LIABILITIES

61,725

46,113

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

61,625

46,013

SHAREHOLDERS' FUNDS

61,725

46,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

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.

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 25 April 2019 and were signed on its behalf by:

C L Harrison - Director

1.	STATUTORY INFORMATION

CLH Trading Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less

any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2018

and 31 December 2018

60,000

AMORTISATION

At 1 January 2018

and 31 December 2018

60,000

NET BOOK VALUE

At 31 December 2018

-

At 31 December 2017

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2018

37,555

Additions

34,374

Disposals

(26,871

)

At 31 December 2018

45,058

DEPRECIATION

At 1 January 2018

22,373

Charge for year

6,212

Eliminated on disposal

(3,719

)

At 31 December 2018

24,866

NET BOOK VALUE

At 31 December 2018

20,192

At 31 December 2017

15,182

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Totals

£

COST

Additions

15,495

Transfer to ownership

(15,495

)

At 31 December 2018

-

NET BOOK VALUE

At 31 December 2018

-