Company Registration No. 7921247 (England and Wales)
Carbon Art 45 Limited
Unaudited accounts
for the year ended 31 March 2018
Carbon Art 45 Limited
Unaudited accounts
Contents
Carbon Art 45 Limited
Company Information
for the year ended 31 March 2018
Company Number
7921247 (England and Wales)
Registered Office
Moreton House
31 High Street
Buckingham
Buckinghamshire
MK18 1NU
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Carbon Art 45 Limited
Statement of financial position
as at
31 March 2018
Intangible assets
3,800
4,800
Tangible assets
17,858
21,463
Inventories
140,000
140,000
Cash at bank and in hand
55,273
74,168
Creditors: amounts falling due within one year
(120,223)
(110,188)
Net current assets
163,571
132,290
Total assets less current liabilities
185,229
158,553
Creditors: amounts falling due after more than one year
(3,422)
(6,356)
Provisions for liabilities
Deferred tax
(2,925)
(3,863)
Net assets
178,882
148,334
Called up share capital
1
1
Profit and loss account
178,881
148,333
Shareholders' funds
178,882
148,334
For the year ending 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 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 19 December 2018.
A J Gibson
Director
Company Registration No. 7921247
Carbon Art 45 Limited
Notes to the Accounts
for the year ended 31 March 2018
Carbon Art 45 Limited is a private company, limited by shares, registered in England and Wales, registration number 7921247. The registered office is Moreton House, 31 High Street, Buckingham, Buckinghamshire, MK18 1NU.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
1,000
Carbon Art 45 Limited
Notes to the Accounts
for the year ended 31 March 2018
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2017
2,105
11,494
12,995
-
628
27,222
Additions
-
-
-
102
-
102
At 31 March 2018
2,105
11,494
12,995
102
628
27,324
At 1 April 2017
400
2,508
2,599
-
252
5,759
Charge for the year
171
1,348
2,079
15
94
3,707
At 31 March 2018
571
3,856
4,678
15
346
9,466
At 31 March 2018
1,534
7,638
8,317
87
282
17,858
At 31 March 2017
1,705
8,986
10,396
-
376
21,463
Work in progress
20,000
20,000
Finished goods
120,000
120,000
Trade debtors
74,794
13,366
Accrued income and prepayments
342
2,005
Other debtors
13,385
12,939
8
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
-
6,858
Obligations under finance leases and hire purchase contracts
2,934
2,934
Trade creditors
18,977
4,200
Taxes and social security
33,914
43,681
Other creditors
64,353
52,446
Loans from directors
45
69
9
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
3,422
6,356
10
Average number of employees
During the year the average number of employees was 0 (2017: 0).