|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31 March 2018 |
|
for |
|
I.O.C. LIMITED |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31 March 2018 |
|
for |
|
I.O.C. LIMITED |
I.O.C. LIMITED (REGISTERED NUMBER: 04690924) |
|
Contents of the Financial Statements |
for the year ended 31 March 2018 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 3 |
|
I.O.C. LIMITED |
|
Company Information |
for the year ended 31 March 2018 |
|
|
|
|
|
|
|
Directors: |
|
|
|
|
|
|
|
Secretary: |
|
|
|
|
|
|
Registered office: |
|
|
|
|
|
|
|
|
|
|
Registered number: |
|
|
|
|
|
|
Accountants: |
|
Chartered Accountants |
Coopers House |
65a Wingletye Lane |
Hornchurch |
Essex |
RM11 3AT |
I.O.C. LIMITED (REGISTERED NUMBER: 04690924) |
|
Statement of Financial Position |
31 March 2018 |
|
2018 | 2017 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
|
|
|
Current assets |
Stocks |
|
|
Debtors | 5 |
|
|
Cash at bank and in hand |
|
|
|
|
Creditors |
Amounts falling due within one year | 6 |
|
|
Net current assets |
|
|
Total assets less current liabilities |
|
|
|
Creditors |
Amounts falling due after more than one
year |
7 |
|
|
Net assets |
|
|
|
Capital and reserves |
Called up share capital | 9 |
|
|
Capital redemption reserve |
|
|
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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
|
The financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
|
I.O.C. LIMITED (REGISTERED NUMBER: 04690924) |
|
Notes to the Financial Statements |
for the year ended 31 March 2018 |
|
|
1. | Statutory information |
|
I.O.C. 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 |
|
|
Turnover |
Turnover comprises the invoiced value of goods and services supplied by the company, exclusive of Value |
Added Tax and trade discounts. |
|
Tangible fixed assets |
|
Improvements to property | - |
|
Plant and equipment | - |
|
Fixtures and fittings | - |
|
Motor vehicles | - |
|
|
Stocks and work in progress |
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 stocks. Cost includes all direct costs and an appropriate proportion of |
fixed and variable overheads. |
|
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. |
|
Operating leases |
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with |
the lessor are charges to the profit and loss account on the straight line basis over the lease term. |
|
3. | Employees and directors |
|
The average number of employees during the year was
|
I.O.C. LIMITED (REGISTERED NUMBER: 04690924) |
|
Notes to the Financial Statements - continued |
for the year ended 31 March 2018 |
|
|
4. | Tangible fixed assets |
Fixtures |
Improvements | Plant and | and | Motor |
to property | equipment | fittings | vehicles | Totals |
£ | £ | £ | £ | £ |
Cost |
At 1 April 2017 |
|
|
|
|
|
Additions |
|
|
|
|
|
Disposals |
|
( |
) |
|
|
( |
) |
At 31 March 2018 |
|
|
|
|
|
Depreciation |
At 1 April 2017 |
|
|
|
|
|
Charge for year |
|
|
|
|
|
Eliminated on disposal |
|
( |
) |
|
|
( |
) |
At 31 March 2018 |
|
|
|
|
|
Net book value |
At 31 March 2018 |
|
|
|
|
|
At 31 March 2017 |
|
|
|
|
|
|
The net book value of assets held under finance leases or hire purchase contracts, included above, are as |
follows: |
|
2018 | 2017 |
£ | £ |
|
Motor vehicles | 50,895 | 28,691 |
|
|
5. | Debtors: amounts falling due within one year |
2018 | 2017 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
|
6. | Creditors: amounts falling due within one year |
2018 | 2017 |
£ | £ |
Hire purchase contracts (see note 8) |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
7. | Creditors: amounts falling due after more than one year |
2018 | 2017 |
£ | £ |
Hire purchase contracts (see note 8) |
|
|
I.O.C. LIMITED (REGISTERED NUMBER: 04690924) |
|
Notes to the Financial Statements - continued |
for the year ended 31 March 2018 |
|
|
8. | Leasing agreements |
|
Minimum lease payments fall due as follows: |
|
Hire purchase contracts |
2018 | 2017 |
£ | £ |
Net obligations repayable: |
Within one year |
|
|
Between one and five years |
|
|
|
|
|
Non-cancellable |
operating leases |
2018 | 2017 |
£ | £ |
Within one year |
|
|
Between one and five years |
|
|
|
|
|
9. | Called up share capital |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2018 | 2017 |
value: | £ | £ |
|
Ordinary | £1 | 400 | 400 |
|
10. | Directors' advances, credits and guarantees |
|
The following advances and credits to directors subsisted during the years ended 31 March 2018 and |
31 March 2017: |
|
2018 | 2017 |
£ | £ |
|
Balance outstanding at start of year |
|
|
Amounts advanced |
|
|
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
|
|
|
|
Balance outstanding at start of year |
|
|
Amounts advanced |
|
|
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
|
|