Registered Number
:
05596219
|
For the year ended 31 October 2018
England and Wales
Report of the Directors and Unaudited Financial Statements
For the year ended 31 October 2018
Godwin Mcad Limited
Contents Page
2
Directors' Report
3
Independent Accountants' Report
4
Income Statement
5
Other Comprehensive Income
6
Statement of Financial Position
7 to 8
Notes to the Financial Statements
For the year ended 31 October 2018
Godwin Mcad Limited
Company Information
Mr Keith Godwin
Directors
Mrs Sharon Godwin
Mrs Sharon Godwin
Company Secretary
05596219
2 Castle Close
Bottesford
Nottingham
NG13 0EH
Accountants
Horley and Stone
Finance House
221B Tamworth Road
Long Eaton, Nottingham
Nottinghamshire
NG10 1DN
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For the year ended 31 October 2018
Godwin Mcad Limited
Directors' Report
The directors present their report and accounts for the year ended 31 October 2018.
The principal activity of the company continued to be that of Technical services and advisors
Directors
The directors who served the company throughout the year were as follows:
Mr Keith Godwin
Mrs Sharon Godwin
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
|
15 April 2019
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For the year ended 31 October 2018
Godwin Mcad Limited
Independent Accountants' Report
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended
31
|
October
2018
and you consider that the company is exempt from an audit under the Companies Act
2006
.
|
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you to fulfil your
|
statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
Horley and Stone
Finance House
221B Tamworth Road
Long Eaton, Nottingham
Nottinghamshire
NG10 1DN
14 April 2019
3 of 8
For the year ended 31 October 2018
Godwin Mcad Limited
Income Statement
2017
2018
56,259
72,461
(31,721)
(24,275)
40,740
Gross profit
31,984
(9,420)
(2,139)
Operating profit
22,564
38,601
Other interest receivable and similar income
|
11
16
22,575
38,617
Profit before taxation
(4,289)
(7,497)
18,286
Profit for the financial year
31,120
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For the year ended 31 October 2018
Godwin Mcad Limited
Other Comprehensive Income
2018
2017
18,286
31,120
Profit for the financial year
Total comprehensive income since last annual report
|
18,286
31,120
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Godwin Mcad Limited
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
1,114
1,358
2
1,114
1,358
Trade and other receivables
|
101
2,735
3
55,564
Cash and cash equivalents
|
35,677
38,412
55,665
Trade and other payables
:
amounts falling due within one year
|
(10,202)
(4,419)
4
45,463
33,993
Net current assets
Total assets less current liabilities
|
35,107
46,821
35,107
Net assets
46,821
100
100
35,007
46,721
35,107
46,821
Shareholders' funds
For the year ended 31 October 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 October 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their 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
.
|
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 15 April 2019 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 October 2018
Godwin Mcad Limited
Notes to the Financial Statements
Statutory Information
Godwin Mcad Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
05596219
.
|
2 Castle Close
Bottesford
Nottingham
NG13 0EH
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 represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
|
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:
|
Computer equipment
Fixtures and fittings
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
.
Property
,
plant and equipment
|
6,793
6,793
Provision for depreciation and impairment
|
5,435
Charge for year
244
5,679
1,114
1,358
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For the year ended 31 October 2018
Godwin Mcad Limited
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2017
2018
2,735
101
4
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
130
2,705
Taxation and social security
|
4,289
7,497
4,419
10,202
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