Company Registration No. 09241762 (England and Wales)
COMPTON MERCHANTS & CO LTD
Unaudited accounts
for the year ended 30 September 2017
COMPTON MERCHANTS & CO LTD
Unaudited accounts
Contents
COMPTON MERCHANTS & CO LTD
Company Information
for the year ended 30 September 2017
Director
John Simon Briggs
Company Number
09241762 (England and Wales)
Registered Office
The Corner, Broad Street
Long Compton
Shipston-On-Stour
CV36 5JH
Accountants
Archer Accountants Ltd
Unit 1
63 Jeddo Road
London
London
W12 9EE
COMPTON MERCHANTS & CO LTD
Statement of financial position
as at
30 September 2017
Tangible assets
613
1,225
Cash at bank and in hand
19,055
17,675
Creditors: amounts falling due within one year
(16,258)
(14,777)
Net current assets
2,797
2,898
Called up share capital
1
1
Profit and loss account
3,409
4,122
Shareholders' funds
3,410
4,123
For the year ending 30 September 2017 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 9 November 2017.
John Simon Briggs
Director
Company Registration No. 09241762
COMPTON MERCHANTS & CO LTD
Notes to the Accounts
for the year ended 30 September 2017
COMPTON MERCHANTS & CO LTD is a private company, limited by shares, registered in England and Wales, registration number 09241762. The registered office and principal place of business is The Corner, Broad Street, Long Compton, Shipston-On-Stour, CV36 5JH.
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.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Computer equipment
25% straight line
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
At 30 September 2017
2,449
At 30 September 2017
1,836
At 30 September 2016
1,225
COMPTON MERCHANTS & CO LTD
Notes to the Accounts
for the year ended 30 September 2017
5
Creditors: amounts falling due within one year
2017
2016
Other creditors
7,705
8,227
Loans from directors
8,053
6,200
6
Average number of employees
During the year the average number of employees was 0 (2016: 0).