Company Registration No. 11408507 (England and Wales)
Coastal Carpenters Ltd
Unaudited accounts
for the year ended 30 June 2021
Coastal Carpenters Ltd
Unaudited accounts
Contents
Coastal Carpenters Ltd
Company Information
for the year ended 30 June 2021
Directors
Daniel Paul Basil Cheater
Verity Susan Cheater
Company Number
11408507 (England and Wales)
Registered Office
62 Sunnyside Road
Poole
BH12 2LQ
Accountants
SH Accounting Solutions Ltd
3 Zamek Close
Bearcross
Bournemouth
BH11 9EP
Coastal Carpenters Ltd
Accountants' report
Accountants' report to the board of directors of Coastal Carpenters Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 June 2021.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 June 2021. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
SH Accounting Solutions Ltd
3 Zamek Close
Bearcross
Bournemouth
BH11 9EP
22 March 2022
Coastal Carpenters Ltd
Statement of financial position
as at
30 June 2021
Tangible assets
5,199
567
Cash at bank and in hand
569
12,398
Creditors: amounts falling due within one year
(11,805)
(5,795)
Net current assets
5,213
10,854
Total assets less current liabilities
10,412
11,421
Creditors: amounts falling due after more than one year
(10,000)
(10,000)
Called up share capital
100
100
Profit and loss account
312
1,321
Shareholders' funds
412
1,421
For the year ending 30 June 2021 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 22 March 2022 and were signed on its behalf by
Daniel Paul Basil Cheater
Director
Company Registration No. 11408507
Coastal Carpenters Ltd
Notes to the Accounts
for the year ended 30 June 2021
Coastal Carpenters Ltd is a private company, limited by shares, registered in England and Wales, registration number 11408507. The registered office is 62 Sunnyside Road, Poole, BH12 2LQ.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% straight line
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
300
5,600
5,900
At 30 June 2021
927
5,600
6,527
Charge for the year
152
1,116
1,268
At 30 June 2021
212
1,116
1,328
At 30 June 2021
715
4,484
5,199
At 30 June 2020
567
-
567
Coastal Carpenters Ltd
Notes to the Accounts
for the year ended 30 June 2021
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
108
-
Other debtors
5,941
3,311
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
9,587
4,836
7
Creditors: amounts falling due after more than one year
2021
2020
8
Transactions with related parties
Directors
During the year, the company made the following third party transactions:
During the year, the directors received loans of £25,144 and repaid £25,409. At the balance sheet date, the amount owed by the directors was £932 (2020 £1,197).
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).