CHEVRONIC CENTRE LIMITED | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 31 MARCH 2019 | |
CHEVRONIC CENTRE LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 MARCH 2019 | |||
DIRECTORS | |||
R P Moss | |||
SECRETARY | |||
R H Moss | |||
REGISTERED OFFICE | |||
6 Bedford Road Barton Le Clay Bedfordshire MK45 4JU |
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COMPANY REGISTERED NUMBER | |||
04304263 | |||
BANKERS | |||
Barclays Bank PLC | |||
ACCOUNTANTS | |||
Needham Hall & Co | |||
Chartered Accountants | |||
6 Bedford Road Barton Le Clay Bedfordshire MK45 4JU |
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CONTENTS | |||
Pages | |||
2 | Statement of Financial Position | ||
3-6 | Notes to the Financial Statements | ||
page 1 | |
Company registered number: |
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STATEMENT OF FINANCIAL POSITION AT |
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Note | 2019 | 2018 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Property, plant and equipment | 2 | ||||
CURRENT ASSETS | |||||
Inventories | |||||
Debtors | 3 | ||||
Cash at bank and in hand | |||||
CREDITORS: Amounts falling due within one year | 4 | ||||
NET CURRENT ASSETS | |||||
NET ASSETS | £ |
£ |
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CAPITAL AND RESERVES | |||||
Called up share capital | |||||
Retained earnings | |||||
SHAREHOLDERS' FUNDS | £ |
£ |
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In approving these financial statements as directors of the company we hereby confirm the following: | |||
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. | |||
The financial statements were approved and authorised for issue by the board of directors on |
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Signed on behalf of the board of directors | |||
The notes on pages 3-6 form part of these financial statements | |
page 2 | |
CHEVRONIC CENTRE LIMITED | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 31 MARCH 2019 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Statement of compliance | |||
Registered office: | ||||
Barton Le Clay Bedfordshire MK45 4JU |
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These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 April 2018. | ||||
Basis of accounting | ||||
1c. | Revenue recognition | |||
1d. | Taxation | |||
1e. | Property, plant and equipment | ||
Plant and machinery | |||
Vehicles |
1f. | Inventories | |||
The notes on pages 3-6 form part of these financial statements | |
page 3 | |
CHEVRONIC CENTRE LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 MARCH 2019 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1g. | Short term debtors and creditors | |||
1h. | Cash and cash equivalents | |||
1i. | Discontinued operations | |||
1j. | Provisions | |||
1k. | Judgements and key sources of estimation uncertainty | |||
The notes on pages 3-6 form part of these financial statements | |
page 4 | |
CHEVRONIC CENTRE LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 MARCH 2019 |
2. | PROPERTY, PLANT AND EQUIPMENT | ||
Plant & | |||
Machinery | Total | ||
£ | £ | ||
Cost | |||
At 1 April 2018 | |||
Additions other than through business combinations | |||
At 31 March 2019 | |||
Depreciation | |||
At 1 April 2018 | |||
For the year | |||
At 31 March 2019 | |||
Net Book Amounts | |||
At 31 March 2019 | |||
At 31 March 2018 | |||
3. | DEBTORS | 2019 | 2018 |
£ | £ | ||
Trade debtors | |||
Other debtors | |||
£ |
£ |
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4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
2019 | 2018 | ||
£ | £ | ||
Bank loans and overdrafts | 1,074 | - | |
Trade creditors | |||
Corporation tax | |||
Other taxes and social security | |||
Other creditors | |||
Accruals and deferred income | |||
£ |
£ |
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The notes on pages 3-6 form part of these financial statements | |
page 5 | |
CHEVRONIC CENTRE LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 MARCH 2019 |
5. | RELATED PARTY TRANSACTIONS | ||
The company was controlled throughout the current and previous year by its director, Mr R P Moss by virtue of the fact that he and his wife own 100% of the company's issued share capital. | |||
During the year total dividends of £32,000 (2018 £33,500) were paid to the director. | |||
The notes on pages 3-6 form part of these financial statements | |
page 6 |