Crystal Clear Waste & Recycling Ltd,Ltd - AccountsLtd - Accounts

Crystal Clear Waste & Recycling Ltd,Ltd - AccountsLtd - Accounts

CRYSTAL CLEAR WASTE & RECYCLING LTD - Company Information

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2016-06-01 08529328 2017-05-31 08529328 2016-06-01 2017-05-31 08529328 2016-05-31 08529328 2015-06-01 2016-05-31 08529328 uk-core:WithinOneYear 2016-05-31 08529328 uk-core:WithinOneYear 2017-05-31 08529328 uk-core:AfterOneYear 2016-05-31 08529328 uk-core:AfterOneYear 2017-05-31 08529328 uk-core:RetainedEarningsAccumulatedLosses 2017-05-31 08529328 uk-core:RetainedEarningsAccumulatedLosses 2016-05-31 08529328 uk-bus:Director1 2016-06-01 2017-05-31 08529328 uk-core:CommercialMotorVehicles 2016-06-01 2017-05-31 08529328 uk-core:WithinOneYear 2017-05-31 08529328 uk-core:WithinOneYear 2016-05-31 iso4217:GBP 08529328 uk-bus:AuditExempt-NoAccountantsReport 2016-06-01 2017-05-31 08529328 uk-bus:FRS102 2016-06-01 2017-05-31 08529328 uk-bus:FullAccounts 2016-06-01 2017-05-31 08529328 uk-bus:PrivateLimitedCompanyLtd 2016-06-01 2017-05-31
Crystal Clear Waste & Recycling Ltd
Registered Number:08529328
For the year ended 31 May 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2017
Crystal Clear Waste & Recycling Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 May 2017
Crystal Clear Waste & Recycling Ltd
Statement of Financial Position
Registered Number :
08529328
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
2,531
3,375
2
2,531
3,375
Current assets
Trade and other receivables
2,280
2,280
3
2,449
Cash and cash equivalents
4,078
6,358
4,729
Trade and other payables: amounts falling due within one
year
(4,437)
(6,949)
4
292
(591)
Net current liabilities
Total assets less current liabilities
1,940
3,667
Trade and other payables: amounts falling due after more
than one year
-
(2,042)
5
(102)
Net assets/liabilities
3,667
Capital and reserves
Retained earnings
(102)
3,667
(102)
3,667
Shareholders' funds
For the year ended 31 May 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Mr M A Felton Director
These financial statements were approved and authorised for issue by the Board on 12 April 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2017
Crystal Clear Waste & Recycling Ltd
Notes to the Financial Statements
Statutory Information
Crystal Clear Waste & Recycling Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08529328.
Registered address:
113 South Lodge Drive
London
N14 4XH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Reducing balance
Commercial motor vehicles
2. Property, plant and equipment
Commercial
motor vehicles
£
Cost or
valuation
At 01 June 2016
4,500
At 31 May 2017
4,500
Provision for depreciation and impairment
At 01 June 2016
1,125
Charge for year
844
At 31 May 2017
1,969
At 31 May 2017
Net book value
2,531
At 31 May 2016
3,375
2 of 3
5
For the year ended 31 May 2017
Crystal Clear Waste & Recycling Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2016
2017
£
£
Trade debtors
2,280
2,280
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Bank loans and overdraft
2,091
2,091
Taxation and social security
2,654
1,096
Other creditors
2,204
1,250
6,949
4,437
5. Trade and other payables: amounts falling due after more than one year
2016
2017
£
£
Other creditors
2,042
-
3 of 3