Company Registration No. 05526847 (England and Wales)
CEDARTONE (EQUIPMENT SALES) LTD
Unaudited accounts
for the year ended 31 July 2018
CEDARTONE (EQUIPMENT SALES) LTD
Unaudited accounts
Contents
CEDARTONE (EQUIPMENT SALES) LTD
Company Information
for the year ended 31 July 2018
Company Number
05526847 (England and Wales)
Registered Office
8 SHOBNALL ROAD
BURTON ON TRENT
STAFFORDSHIRE
DE14 2BA
Accountants
City Tax Shop Limited
8 Ridge House Drive
Festival Park
Stoke-on-Trent
Staffs
ST1 5SJ
CEDARTONE (EQUIPMENT SALES) LTD
Statement of financial position
as at
31 July 2018
Tangible assets
43,626
51,410
Cash at bank and in hand
5,906
14,420
Creditors: amounts falling due within one year
(24,000)
(36,588)
Net current liabilities
(17,651)
(21,498)
Total assets less current liabilities
25,975
29,912
Creditors: amounts falling due after more than one year
(7,215)
-
Provisions for liabilities
Deferred tax
(3,770)
(4,256)
Called up share capital
100
100
Profit and loss account
14,890
25,556
Shareholders' funds
14,990
25,656
For the year ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 8 March 2019.
S ROBINETT
Director
Company Registration No. 05526847
CEDARTONE (EQUIPMENT SALES) LTD
Notes to the Accounts
for the year ended 31 July 2018
CEDARTONE (EQUIPMENT SALES) LTD is a private company, limited by shares, registered in England and Wales, registration number 05526847. The registered office is 8 SHOBNALL ROAD, BURTON ON TRENT, STAFFORDSHIRE, DE14 2BA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Computer equipment
33% on reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2017
88,006
2,172
90,178
At 31 July 2018
88,006
2,172
90,178
At 1 August 2017
37,003
1,765
38,768
Charge for the year
7,650
134
7,784
At 31 July 2018
44,653
1,899
46,552
At 31 July 2018
43,353
273
43,626
At 31 July 2017
51,003
407
51,410
CEDARTONE (EQUIPMENT SALES) LTD
Notes to the Accounts
for the year ended 31 July 2018
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
801
-
Obligations under finance leases and hire purchase contracts
2,700
-
Trade creditors
1,945
29,418
Taxes and social security
1,151
4,031
Loans from directors
17,403
2,346
7
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
7,215
-
8
Average number of employees
During the year the average number of employees was 1 (2017: 1).