Company Registration No. 4840931 (England and Wales)
Cobbydale Construction Limited
Unaudited accounts
for the year ended 31 July 2020
Cobbydale Construction Limited
Unaudited accounts
Contents
Cobbydale Construction Limited
Company Information
for the year ended 31 July 2020
Company Number
4840931 (England and Wales)
Registered Office
Unit 3E Aireworth Mills
Aireworth Road
Keighley
West Yorkshire
BD21 4DH
ENGLAND
Cobbydale Construction Limited
Statement of financial position
as at
31 July 2020
Tangible assets
6,096
2,749
Investments
80,000
40,400
Inventories
41,342
19,000
Cash at bank and in hand
23,059
(685)
Creditors: amounts falling due within one year
(126,587)
(65,973)
Net current liabilities
(24,929)
(31,361)
Total assets less current liabilities
61,167
11,788
Creditors: amounts falling due after more than one year
(50,000)
-
Called up share capital
2
2
Profit and loss account
11,165
11,786
Shareholders' funds
11,167
11,788
For the year ending 31 July 2020 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.
The financial statements were approved by the Board and authorised for issue on 29 April 2021 and were signed on its behalf by
S P Edwards
Director
Company Registration No. 4840931
Cobbydale Construction Limited
Notes to the Accounts
for the year ended 31 July 2020
Cobbydale Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 4840931. The registered office is Unit 3E Aireworth Mills, Aireworth Road, Keighley, West Yorkshire, BD21 4DH, ENGLAND.
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:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Computer equipment
25% on reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Cobbydale Construction Limited
Notes to the Accounts
for the year ended 31 July 2020
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2019
3,766
17,233
644
21,643
Additions
-
5,000
-
5,000
At 31 July 2020
3,766
22,233
644
26,643
At 1 August 2019
2,829
15,441
624
18,894
Charge for the year
141
1,507
5
1,653
At 31 July 2020
2,970
16,948
629
20,547
At 31 July 2020
796
5,285
15
6,096
At 31 July 2019
937
1,792
20
2,749
5
Investments
Other investments
Valuation at 1 August 2019
40,400
Valuation at 31 July 2020
80,000
Trade debtors
27,167
13,296
Amounts due from group undertakings etc.
-
3,001
Total debtors less than one year
37,257
16,297
Total debtors
37,257
16,297
7
Creditors: amounts falling due within one year
2020
2019
Trade creditors
6,386
20,132
Taxes and social security
12,699
(12,029)
Other creditors
26,936
998
Loans from directors
80,566
56,872
8
Creditors: amounts falling due after more than one year
2020
2019
Cobbydale Construction Limited
Notes to the Accounts
for the year ended 31 July 2020
9
Average number of employees
During the year the average number of employees was 16 (2019: 15).