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Unaudited Financial Statements |
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for the Year Ended 30 November 2017 |
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for |
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CLASSIC JOINERY (SURREY) LIMITED |
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REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Year Ended 30 November 2017 |
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for |
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CLASSIC JOINERY (SURREY) LIMITED |
CLASSIC JOINERY (SURREY) LIMITED (REGISTERED NUMBER: 06421460) |
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Contents of the Financial Statements |
for the Year Ended 30 November 2017 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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CLASSIC JOINERY (SURREY) LIMITED |
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Company Information |
for the Year Ended 30 November 2017 |
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DIRECTORS: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
Suite 15 |
The Enterprise Centre |
Coxbridge Business Park |
Farnham |
Surrey |
GU10 5EH |
CLASSIC JOINERY (SURREY) LIMITED (REGISTERED NUMBER: 06421460) |
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Balance Sheet |
30 November 2017 |
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30.11.17 | 30.11.16 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
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Tangible assets | 5 |
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CURRENT ASSETS |
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 7 | ( |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one year | 8 | ( |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 9 |
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Retained earnings | 10 |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
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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. |
CLASSIC JOINERY (SURREY) LIMITED (REGISTERED NUMBER: 06421460) |
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Balance Sheet - continued |
30 November 2017 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
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CLASSIC JOINERY (SURREY) LIMITED (REGISTERED NUMBER: 06421460) |
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Notes to the Financial Statements |
for the Year Ended 30 November 2017 |
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1. | STATUTORY INFORMATION |
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Classic Joinery (Surrey) Limited is a
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company's registered number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Goodwill |
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Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less |
any accumulated amortisation and any accumulated impairment losses. |
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Tangible fixed assets |
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Short leasehold | - |
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Fixtures and fittings | - |
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Motor vehicles | - |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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. |
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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. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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CLASSIC JOINERY (SURREY) LIMITED (REGISTERED NUMBER: 06421460) |
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Notes to the Financial Statements - continued |
for the Year Ended 30 November 2017 |
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4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 December 2016 |
and 30 November 2017 |
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NET BOOK VALUE |
At 30 November 2017 |
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At 30 November 2016 |
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5. | TANGIBLE FIXED ASSETS |
Fixtures |
Short | Plant and | and | Motor |
leasehold | machinery | fittings | vehicles | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 December 2016 |
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Additions |
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At 30 November 2017 |
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DEPRECIATION |
At 1 December 2016 |
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Charge for year |
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At 30 November 2017 |
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NET BOOK VALUE |
At 30 November 2017 |
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At 30 November 2016 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.17 | 30.11.16 |
£ | £ |
Trade debtors |
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Deposit | - | 30,480 |
Deposit for Rent | 13,750 | - |
Prepayments |
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CLASSIC JOINERY (SURREY) LIMITED (REGISTERED NUMBER: 06421460) |
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Notes to the Financial Statements - continued |
for the Year Ended 30 November 2017 |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.17 | 30.11.16 |
£ | £ |
Hire purchase contracts |
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Trade creditors |
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Tax |
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PAYE/NI liability |
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CIS tax | 476 | 306 |
VAT | 18,124 | 6,610 |
HSBC Credit card |
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Directors' current accounts | 25,475 | 5,000 |
Accruals and deferred income |
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8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
30.11.17 | 30.11.16 |
£ | £ |
Hire purchase contracts |
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9. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.11.17 | 30.11.16 |
value: | £ | £ |
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Ordinary share capital | 1 | 100 | 100 |
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10. | RESERVES |
Retained |
earnings |
£ |
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At 1 December 2016 |
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Profit for the year |
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Dividends | ( |
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At 30 November 2017 |
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11. | RELATED PARTY DISCLOSURES |
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During the year, following dividends were paid to the directors of the company as they are also the shareholders: |
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1. Mr. J.E. Daniel - £15,750 (2016-£9,000) |
2. Mr. D.J. Wallond - £15,750 (2016-£9,000) |
CLASSIC JOINERY (SURREY) LIMITED (REGISTERED NUMBER: 06421460) |
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Notes to the Financial Statements - continued |
for the Year Ended 30 November 2017 |
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12. | ULTIMATE CONTROLLING PARTY |
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The company were under the control of Mr. J.E. Daniel & Mr. D.J. Wallond throughout the current and previous |
period who are equal shareholders and directors of the company. |