|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 30 June 2018 |
|
for |
|
Cullen Grummitt & Roe (UK) Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 30 June 2018 |
|
for |
|
Cullen Grummitt & Roe (UK) Limited |
Cullen Grummitt & Roe (UK) Limited (Registered number: 05208523) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the year ended 30 June 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
Cullen Grummitt & Roe (UK) Limited |
|
Company Information |
for the year ended 30 June 2018 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Old Gun Court |
North Street |
Dorking |
Surrey |
RH4 1DE |
Cullen Grummitt & Roe (UK) Limited (Registered number: 05208523) |
|
Balance Sheet |
30 June 2018 |
|
30.6.18 | 30.6.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
PROVISIONS FOR LIABILITIES |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
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 Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
Cullen Grummitt & Roe (UK) Limited (Registered number: 05208523) |
|
Notes to the Financial Statements |
for the year ended 30 June 2018 |
|
1. | STATUTORY INFORMATION |
|
Cullen Grummitt & Roe (UK) Limited is a
|
The company's 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
|
Tangible fixed assets |
|
Plant and machinery | - |
|
Fixtures and fittings | - |
|
Computer equipment | - |
|
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
|
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. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
Cullen Grummitt & Roe (UK) Limited (Registered number: 05208523) |
|
Notes to the Financial Statements - continued |
for the year ended 30 June 2018 |
|
4. | TANGIBLE FIXED ASSETS |
Improvements | Fixtures |
to | Plant and | and | Computer |
property | machinery | fittings | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 July 2017 |
|
|
|
|
|
Additions |
|
|
|
|
|
Disposals |
|
( |
) | ( |
) | ( |
) | ( |
) |
At 30 June 2018 |
|
|
|
|
|
DEPRECIATION |
At 1 July 2017 |
|
|
|
|
|
Charge for year |
|
|
|
|
|
Eliminated on disposal |
|
( |
) | ( |
) | ( |
) | ( |
) |
At 30 June 2018 |
|
|
|
|
|
NET BOOK VALUE |
At 30 June 2018 |
|
|
|
|
|
At 30 June 2017 |
|
|
|
|
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.18 | 30.6.17 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.18 | 30.6.17 |
£ | £ |
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
Included within other creditors is a loan of £200,632 (2017: £Nil) from Dr S E Grummitt, a director. |
Cullen Grummitt & Roe (UK) Limited (Registered number: 05208523) |
|
Notes to the Financial Statements - continued |
for the year ended 30 June 2018 |
|
7. | RELATED PARTY DISCLOSURES |
|
At 30 June 2018 the company had debtors due within one year arising from transactions with companies under |
the control of the directors as follows: |
|
Within other debtors : |
CGR (QLD) Pty Ltd: £1,192,560 (2017 - £1,192,157) |
CGR Turkey Ltd: £13,833 (2017 - £13,833) |
CGR Kingston (UK) Ltd: £84,724 (2017 - £83,250) |
CGR (International) Pty Ltd: £82,436 (2017 - £25,028) |
Cullen Grummitt & Roe (Gabon): £9,910 (2017 - £278,873) |
Cullen Grummitt & Roe C Ltda: £323,968 (2017: £Nil) |
|
Within trade debtors : |
CGR Kingston (UK) Ltd: £36,000 (2017: £28,800) |
CGR Canada Project Management Ltd: £107,400 (2017 - £Nil) |
CGR Turkey: £Nil (2017: £35,566) |
|
At 30 June 2018 the company had creditors due within one year arising from transactions with companies under |
the control of the directors as follows: |
|
Within trade creditors : |
CGR (QLD) Pty Ltd: £113,920 (2017 - £113,920l) |
Cullen Grummitt & Roe (Gabon): £79,511 (2017 - £Nil) |
|
Within other creditors : |
CGR Canada Project Management Ltd: £348,993 (2017 - £639,177) |
|
In the year ended 30 June 2018 the company had trading transactions with companies under the control of the |
directors as follows: |
|
Purchases from CGR (QLD) Pty Ltd amounting to: £Nil (2017 - £113,920) |
Sales to CGR Kingston (UK) Ltd amounting to: £6,000 (2017 - £6,000) |
Purchases from CGR Kingston (UK) Ltd amounting to: £60,000 (2017 - £60,000) |
Sales to CGR Turkey amounting to: £68,364 (2017 - £114,338) |
Sales to CGR Canada Project Management Ltd amounting to: £458,474 (2017 - £379,132) |
Purchases from CGR (International) Pty Ltd amounting to: £176,390 (2017 - £219,202) |
Purchases from Cullen Grummitt & Roe (Gabon) amounting to £801,974 (2017: £Nil) |
|
8. | ULTIMATE CONTROLLING PARTY |
|
The principal shareholder, Mr A A C Grummitt, is the ultimate controlling party. |