Registered Number
:
04704983
|
For the year ended 31 March 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2018
C. J. LUFF LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
C. J. LUFF LTD
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
35,315
30,054
2
35,315
30,054
Trade and other receivables
|
1,372
2,220
3
68,224
Cash and cash equivalents
|
80,141
82,361
69,596
Trade and other payables
:
amounts falling due within one
|
year
|
(42,999)
(53,383)
4
26,597
28,978
Net current assets
Total assets less current liabilities
|
64,293
56,651
(6,710)
(6,010)
Provisions for liabilities
|
57,583
Net assets
50,641
2
2
57,581
50,639
57,583
50,641
Shareholders' funds
For the year ended 31 March 2018 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 March 2018 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 15 August 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2018
C. J. LUFF LTD
Notes to the Financial Statements
Statutory Information
C
.
J
.
LUFF LTD is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
04704983
.
|
56 Brunswick Rd.
Eastleigh
Hants
SO50 8FE
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
Computer equipment
Motor vehicles
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.
|
2 of 3
For the year ended 31 March 2018
C. J. LUFF LTD
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
80,786
-
45,596
35,190
17,033
669
-
16,364
51,554
45,596
669
97,819
Provision for depreciation and impairment
|
50,732
-
26,675
24,057
Charge for year
11,772
167
4,730
6,875
62,504
167
31,405
30,932
20,622
14,191
502
35,315
11,133
18,921
-
30,054
3
.
Trade and other receivables
|
2017
2018
2,220
1,372
4
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
-
1
Taxation and social security
|
7,946
6,499
45,437
36,499
53,383
42,999
5
.
Related party transactions
|
The company operates from the premises of the director and a charge of £
156
has been made for this
.
|
The director is owed £
44
,
693
at the year end and this is shown under other creditors of less than one year
.
|
6
.
Average number of persons employed
|
During the year the average number of employees was 1 (2017 : 1)
3 of 3