Company Registration No. 00540847 (England and Wales)
ROBERT CUPITT LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2014
ROBERT CUPITT LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ROBERT CUPITT LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
31 March 2014
- 1 -
2014
2012
Notes
£
£
£
£
Fixed assets
Tangible assets
2
7,822
27,663
Current assets
Stocks
191,510
105,139
Debtors
354,676
246,379
Cash at bank and in hand
98,069
97,221
644,255
448,739
Creditors: amounts falling due within one year
(292,605)
(328,961)
Net current assets
351,650
119,778
Total assets less current liabilities
359,472
147,441
Provisions for liabilities
(1,397)
(4,303)
358,075
143,138
Capital and reserves
Called up share capital
3
25,300
25,300
Other reserves
20,700
20,700
Profit and loss account
312,075
97,138
Shareholders' funds
358,075
143,138
For the financial Period ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 19 August 2014
Mr S J Hanson
Director
Company Registration No. 00540847
ROBERT CUPITT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 MARCH 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
33% reducing balance
Fixtures, fittings & equipment
15% reducing balance
Motor vehicles
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 December 2012
131,941
Disposals
(102,893)
At 31 March 2014
29,048
Depreciation
At 1 December 2012
104,278
On disposals
(87,313)
Charge for the period
4,261
At 31 March 2014
21,226
Net book value
At 31 March 2014
7,822
At 30 November 2012
27,663
ROBERT CUPITT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2014
- 3 -
3
Share capital
2014
2012
£
£
Allotted, called up and fully paid
25,300 Ordinary of £1 each
25,300
25,300
4
Ultimate parent company
The company is under the control of Motion Drives And Controls Limited which owns 100% of the issued share capital.
2014-03-312012-12-01truetruetruefalsetruetruetmp9143.html2014-08-26005408472012-12-012014-03-31005408472014-03-31005408472012-11-30005408472012-11-3000540847uk-bus:Director12012-12-012014-03-3100540847uk-gaap:PlantMachinery2012-12-012014-03-3100540847uk-gaap:FixturesFittingsToolsEquipment2012-12-012014-03-3100540847uk-gaap:MotorVehicles2012-12-012014-03-3100540847uk-bus:OrdinaryShareClass12012-12-012014-03-3100540847uk-bus:OrdinaryShareClass12014-03-3100540847uk-bus:OrdinaryShareClass12012-11-3000540847uk-curr:PoundSterling2012-12-012014-03-31xbrli:purexbrli:sharesiso4217:GBP
