C and S Equipment Limited - Accounts to registrar (filleted) - small 17.3

C and S Equipment Limited - Accounts to registrar (filleted) - small 17.3

C AND S EQUIPMENT LIMITED - Company Information

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REGISTERED NUMBER: 02777417 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2016

for

C and S Equipment Limited
C and S Equipment Limited (Registered number: 02777417)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


C and S Equipment Limited

Company Information
for the Year Ended 31 December 2016







DIRECTORS: C Challinger
R P Melville





SECRETARY: C Challinger





REGISTERED OFFICE: Unit 15
Wingbury Courtyard Business Village
Wingrave
Aylesbury
Buckinghamshire
HP22 4LW





REGISTERED NUMBER: 02777417 (England and Wales)





ACCOUNTANT: Roberts Accountancy & Tax Limited
Gable End
Sparrow Hall Business Park
Leighton Road
Edlesborough
Bedfordshire
LU6 2ES
Page 1
C and S Equipment Limited (Registered number: 02777417)

Balance Sheet
31 December 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,160 4,585

CURRENT ASSETS
Stocks 72,369 44,133
Debtors 5 460,252 277,989
Cash at bank 10,533 31,692
543,154 353,814
CREDITORS
Amounts falling due within one year 6 427,049 271,465
NET CURRENT ASSETS 116,105 82,349
TOTAL ASSETS LESS CURRENT
LIABILITIES
119,265
86,934

CREDITORS
Amounts falling due after more than one
year
7
51,155
41,668
NET ASSETS 68,110 45,266

CAPITAL AND RESERVES
Called up share capital 246 246
Retained earnings 67,864 45,020
SHAREHOLDERS' FUNDS 68,110 45,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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.

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

The financial statements were approved by the Board of Directors on 31 October 2017 and were signed on its behalf
by:





C Challinger - Director


The notes form part of these financial statements

Page 2
C and S Equipment Limited (Registered number: 02777417)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

C and S Equipment 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 has been fully amortised in the current year.

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.
Plant and machinery etc - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due
allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

Page 3 continued...
C and S Equipment Limited (Registered number: 02777417)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2016 23,338
Disposals (17,635 )
At 31 December 2016 5,703
DEPRECIATION
At 1 January 2016 18,753
Charge for year 1,425
Eliminated on disposal (17,635 )
At 31 December 2016 2,543
NET BOOK VALUE
At 31 December 2016 3,160
At 31 December 2015 4,585

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 289,491 18,316
Other debtors 170,761 259,673
460,252 277,989

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Bank loans and overdrafts 94,409 11,651
Trade creditors 225,036 144,512
Amounts owed to group undertakings 22,036 16,624
Taxation and social security 53,766 28,648
Other creditors 31,802 70,030
427,049 271,465

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2016 2015
£    £   
Bank loans 51,155 41,668

8. RELATED PARTY DISCLOSURES

During the year the company incurred costs of £29,805 (2015 : £32,940) from BG+D, in which the director, Mr C
Challinger has a personal interest. All transactions were at arms length.

During the year the company incurred costs of £32,876 (2015 : £26,810) from RPM Marketing in which the
director, Mr R Melville, has a personal interest. All transactions were at arms length.

During the year the company lent money to Brinklake Limited, a company in which the directors, Mr C Challinger
and Mr R Melville are also directors.

A total of £95,000 was written off this loan during the year. At the year end the amount due from Brinklake
Limited was £144,588. (2015 : 250,377).

Page 4 continued...
C and S Equipment Limited (Registered number: 02777417)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

9. ULTIMATE CONTROLLING PARTY

The company's ultimate controlling parties are Mr C Challinger and Mr R Melville by virtue of their shareholding.

Page 5