C & D Facilities & Grounds Maintenance Ltd Filleted accounts for Companies House (small and micro)
C & D Facilities & Grounds Maintenance Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
06538253
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
Fixed assets
Intangible assets |
7 |
– |
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Tangible assets |
8 |
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--------- |
--------- |
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Current assets
Stocks |
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Debtors |
9 |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
10 |
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--------- |
--------- |
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Net current liabilities |
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--------- |
--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
11 |
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Provisions |
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-------- |
--------- |
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Net assets |
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-------- |
--------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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------- |
-------- |
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Shareholders funds |
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------- |
-------- |
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In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
25 May 2019
, and are signed on behalf of the board by:
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Director |
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Company registration number:
06538253
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Notes to the Financial Statements |
Year ended 31 January 2019
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is 39 Wendover Way, Tilehurst, Reading, Berkshire, RG30 4RU.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Operating leases
Goodwill
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property |
- |
2% straight line on cost |
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Plant and machinery |
- |
20%- 50% straight line on cost |
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Fixtures and fittings |
- |
20% - 50% straight line on cost |
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Motor vehicles |
- |
20% - 33.3% straight line on cost |
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Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Finance leases and hire purchase contracts
Provisions
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
10
(2018:
12
).
5.
Tax on loss
Major components of tax income
2019 |
2018 |
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£ |
£ |
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Current tax:
UK current tax expense |
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Deferred tax:
Origination and reversal of timing differences |
(
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(
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------- |
------- |
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Tax on loss |
(
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(
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------- |
------- |
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6.
Dividends
2019 |
2018 |
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£ |
£ |
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Dividends paid during the year (excluding those for which a liability existed at the end of the prior year ) |
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------- |
-------- |
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7.
Intangible assets
Goodwill |
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£ |
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Cost |
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At 1 February 2018 and 31 January 2019 |
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--------- |
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Amortisation |
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At 1 February 2018 |
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Charge for the year |
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--------- |
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At 31 January 2019 |
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--------- |
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Carrying amount |
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At 31 January 2019 |
– |
--------- |
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At 31 January 2018 |
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--------- |
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8.
Tangible assets
Freehold property |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 February 2018 |
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Additions |
– |
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– |
– |
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--------- |
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-------- |
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At 31 January 2019 |
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--------- |
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-------- |
-------- |
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Depreciation |
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At 1 February 2018 |
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Charge for the year |
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--------- |
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-------- |
-------- |
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At 31 January 2019 |
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--------- |
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-------- |
-------- |
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Carrying amount |
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At 31 January 2019 |
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– |
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--------- |
--------- |
-------- |
-------- |
--------- |
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At 31 January 2018 |
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--------- |
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-------- |
-------- |
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9.
Debtors
2019 |
2018 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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-------- |
-------- |
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-------- |
-------- |
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10.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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--------- |
--------- |
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--------- |
--------- |
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11.
Creditors:
amounts falling due after more than one year
2019 |
2018 |
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£ |
£ |
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Bank loans and overdrafts |
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-------- |
-------- |
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12.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2019 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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(
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-------- |
-------- |
------- |
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(
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(
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-------- |
-------- |
------- |
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2018 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(343) |
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(
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(
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(
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-------- |
-------- |
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(
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(
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(22,928) |
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-------- |
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