Registered Number
:
04476573
|
For the year ended 31 July 2017
England and Wales
Unaudited Financial Statements
C.R. Stark Limited
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
7,775
10,066
2
7,775
10,066
1,482
1,770
Trade and other receivables
|
5,471
2,885
3
90,751
101,010
4
14,864
Cash and cash equivalents
|
20,203
125,868
112,568
Trade and other payables
:
amounts falling due within one year
|
(40,185)
(62,294)
5
72,383
63,574
Net current assets
Total assets less current liabilities
|
71,349
82,449
(1,477)
(2,095)
Provisions for liabilities
|
69,872
Net assets
80,354
100
100
31,181
22,430
38,591
57,824
69,872
80,354
Shareholders' funds
For the year ended 31 July 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 July 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his 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.
|
These financial statements were approved and authorised for issue by the Board on 30 November 2017 and were signed by:
|
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For the year ended 31 July 2017
C.R. Stark Limited
Statement of Financial Position Continued
The notes form part of these financial statements
|
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For the year ended 31 July 2017
C.R. Stark Limited
Notes to the Financial Statements
Statutory Information
C
.
R
.
Stark Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
04476573
.
|
2 The Green
Sculthorpe
Fakenham
Norfolk
NR21 9QJ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
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:
|
Plant and machinery
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
|
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For the year ended 31 July 2017
C.R. Stark Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
15,442
12,899
2,543
300
-
300
2,843
12,899
15,742
Provision for depreciation and impairment
|
5,376
3,225
2,151
Charge for year
2,591
2,418
173
7,967
5,643
2,324
519
7,256
7,775
392
9,674
10,066
3
.
Trade and other receivables
|
2016
2017
2,685
5,075
200
396
5,471
2,885
4
.
Financial instruments at fair value
|
2016
2017
101,010
90,751
5
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
3,966
489
Taxation and social security
|
9,268
3,651
49,060
36,045
62,294
40,185
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For the year ended 31 July 2017
C.R. Stark Limited
Notes to the Financial Statements Continued
6
.
Related party transactions
|
Current year
: (
47
,
507
)
|
Previous year
: (
33
,
972
)
|
Related Party Transactions
|
The debit movement of £
13
,
535
is represented by dividends not taken
.
|
7
.
Guarantees and other financial commitments
|
The company operates a defined contribution pension scheme
.
The scheme and its assets are held by independent
|
managers
.
The pension charge represents contributions due from the company and amounted to £
10
,
809
(
2016
-
£
10
,
295
)
|
Pension commitments
8
.
Average number of persons employed
|
During the year the average number of employees was 2 (2016 : 2)
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