C-Ways Limited - Accounts to registrar (filleted) - small 17.3
C-Ways Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 DECEMBER 2016 TO 31 DECEMBER 2017 |
| FOR |
| C-WAYS LIMITED |
| C-WAYS LIMITED (REGISTERED NUMBER: 03462150) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 DECEMBER 2016 TO 31 DECEMBER 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| C-WAYS LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 DECEMBER 2016 TO 31 DECEMBER 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Medina House |
| 2 Station Avenue |
| Bridlington |
| East Yorkshire |
| YO16 4LZ |
| C-WAYS LIMITED (REGISTERED NUMBER: 03462150) |
| BALANCE SHEET |
| 31 DECEMBER 2017 |
| 31.12.17 | 30.11.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Investments | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| C-WAYS LIMITED (REGISTERED NUMBER: 03462150) |
| BALANCE SHEET - continued |
| 31 DECEMBER 2017 |
| 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 |
| C-WAYS LIMITED (REGISTERED NUMBER: 03462150) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 DECEMBER 2016 TO 31 DECEMBER 2017 |
| 1. | STATUTORY INFORMATION |
| C-Ways Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company has adopted FRS 102 1A for small entities in these financial statements, however, due to the nature |
| of the company's trade, assets and liabilities, there are no transitional adjustments. |
| Turnover |
| The turnover shown in the profit and loss account represents the total invoice value, excluding value added tax, |
| of sales made during the year. Sales are recognised in the profit and loss account in the period in which the |
| related work is carried out and is derived from IT services. |
| Goodwill |
| Tangible fixed assets |
| Short leasehold | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Taxation |
| Taxation for the period 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 period 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. |
| C-WAYS LIMITED (REGISTERED NUMBER: 03462150) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 DECEMBER 2016 TO 31 DECEMBER 2017 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 period was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 December 2016 |
| and 31 December 2017 |
| AMORTISATION |
| At 1 December 2016 |
| and 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| At 30 November 2016 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 December 2016 |
| Additions |
| At 31 December 2017 |
| DEPRECIATION |
| At 1 December 2016 |
| Charge for period |
| At 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| At 30 November 2016 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.17 | 30.11.16 |
| £ | £ |
| Trade debtors |
| Other debtors |
| C-WAYS LIMITED (REGISTERED NUMBER: 03462150) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 DECEMBER 2016 TO 31 DECEMBER 2017 |
| 7. | CURRENT ASSET INVESTMENTS |
| 31.12.17 | 30.11.16 |
| £ | £ |
| Listed investments | 27,100 | 25,300 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.17 | 30.11.16 |
| £ | £ |
| Payments on account |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.17 | 30.11.16 |
| value: | £ | £ |
| Ordinary | £1 | 1,000 | 1,000 |
| 10. | ULTIMATE CONTROLLING PARTY |
| The company is under the control of N S Jackson and A M Jackson. |