Coatham House Enterprises Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07195542 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

Coatham House Enterprises Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D R Stones

Mr A Pettersen

REGISTERED OFFICE:

Charles Jolly House

1st Floor

5a High Street

Redcar

TS10 3BY

REGISTERED NUMBER:

07195542 (England and Wales)

ACCOUNTANTS:

JBC Accountants Limited

Chartered Accountants

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

FIXED ASSETS

Tangible assets

4

50,699

86,072

CURRENT ASSETS

Debtors

5

3,274

11,804

Cash at bank and in hand

20,408

17,360

23,682

29,164

CREDITORS

Amounts falling due within one year

6

75,129

104,519

NET CURRENT LIABILITIES

(51,447

)

(75,355

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(748

)

10,717

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(749

)

10,716

SHAREHOLDERS' FUNDS

(748

)

10,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors on 21 October 2019 and were signed on its behalf by:

Mr D R Stones - Director

1.	STATUTORY INFORMATION

Coatham House Enterprises 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Notwithstanding the company's net liabilities of £51,447 at 31 March 2019, the financial statements have been

prepared on the going concern basis. This basis assumes the continuing support of the parent company.

Turnover

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 25% on cost, 25% on reducing balance and 10% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except

to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2018 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

118,494

Additions

691

Disposals

(37,038

)

At 31 March 2019

82,147

DEPRECIATION

At 1 April 2018

32,422

Charge for year

8,562

Eliminated on disposal

(9,536

)

At 31 March 2019

31,448

NET BOOK VALUE

At 31 March 2019

50,699

At 31 March 2018

86,072

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

2,948

1,574

Other debtors

326

10,230

3,274

11,804

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

835

1,761

Amounts owed to group undertakings

60,196

79,865

Taxation and social security

11,416

4,140

Other creditors

2,682

18,753

75,129

104,519