31/08/2018
2018-08-31
false
false
false
false
false
false
false
false
false
false
true
false
false
true
false
false
false
false
false
false
false
false
No description of principal activities is disclosed
2017-09-01
Sage Accounts Production 18.30 - FRS
xbrli:pure
xbrli:shares
iso4217:GBP
09185440
2017-09-01
2018-08-31
09185440
2018-08-31
09185440
2016-09-01
2017-08-31
09185440
2017-08-31
09185440
bus:RegisteredOffice
2017-09-01
2018-08-31
09185440
bus:LeadAgentIfApplicable
2017-09-01
2018-08-31
09185440
bus:Director1
2017-09-01
2018-08-31
09185440
bus:Director2
2017-09-01
2018-08-31
09185440
core:WithinOneYear
2018-08-31
09185440
core:WithinOneYear
2017-08-31
09185440
core:RetainedEarningsAccumulatedLosses
2017-08-31
09185440
core:RetainedEarningsAccumulatedLosses
2016-08-31
09185440
core:RetainedEarningsAccumulatedLosses
2018-08-31
09185440
core:RetainedEarningsAccumulatedLosses
2017-08-31
09185440
core:ShareCapital
2018-08-31
09185440
core:ShareCapital
2017-08-31
09185440
bus:SmallEntities
2017-09-01
2018-08-31
09185440
bus:AuditExemptWithAccountantsReport
2017-09-01
2018-08-31
09185440
bus:AbridgedAccounts
2017-09-01
2018-08-31
09185440
bus:SmallCompaniesRegimeForAccounts
2017-09-01
2018-08-31
09185440
bus:PrivateLimitedCompanyLtd
2017-09-01
2018-08-31
Statement of consent to prepare abridged financial statements
All of the members of Classic Fireplaces Fitting Ltd have consented to the preparation of the abridged statement of financial position for the current year ending 31 August 2018 in accordance with Section 444(2A) of the Companies Act 2006.
Company registration number:
09185440
Classic Fireplaces Fitting Ltd
Unaudited abridged financial statements
31 August 2018
Classic Fireplaces Fitting Ltd
Contents
Directors and other information
Directors report
Accountant's report
Statement of income and retained earnings
Abridged statement of financial position
Notes to the financial statements
Classic Fireplaces Fitting Ltd
Directors and other information
|
|
|
|
Directors
|
Mrs Pauline Shields
|
|
|
Mrs Pauline Bowman
|
|
|
|
|
|
|
|
Company number
|
09185440
|
|
|
|
|
|
|
|
Registered office
|
Westfield Avenue
|
|
|
Brunswick Village
|
|
|
Newcastle Upon Tyne
|
|
|
NE13 7EG
|
|
|
|
|
|
|
|
Business address
|
Westfield Avenue
|
|
|
Brunswick Village
|
|
|
Newcastle Upon Tyne
|
|
|
NE13 7EG
|
|
|
|
|
|
|
|
Accountant
|
Feeney Madden
|
|
|
2 Briar Edge
|
|
|
Forest Hall
|
|
|
Newcastle Upon Tyne
|
|
|
NE12 7JN
|
|
|
|
Classic Fireplaces Fitting Ltd
Directors report
Year ended 31 August 2018
The directors present their report and the unaudited financial statements of the company for the year ended 31 August 2018.
Directors
The directors who served the company during the year were as follows:
|
Mrs Pauline Shields
|
Mrs Pauline Bowman
|
|
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
31 January 2019
and signed on behalf of the board by:
Mrs Pauline Shields
Mrs Pauline Bowman
Director
Director
Classic Fireplaces Fitting Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Classic Fireplaces Fitting Ltd
Year ended 31 August 2018
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 August 2018 which comprise the statement of income and retained earnings, abridged statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Feeney Madden
Accountants
2 Briar Edge
Forest Hall
Newcastle Upon Tyne
NE12 7JN
31 January 2019
Classic Fireplaces Fitting Ltd
Statement of income and retained earnings
Year ended 31 August 2018
|
|
|
|
2018
|
|
2017
|
|
|
|
|
Note
|
|
£
|
|
£
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Turnover
|
|
|
|
63,455
|
|
60,192
|
|
|
Cost of sales
|
|
|
|
(
49,993)
|
|
(
46,659)
|
|
|
|
|
|
|
_______
|
|
_______
|
|
|
Gross profit
|
|
|
|
13,462
|
|
13,533
|
|
|
|
|
|
|
|
|
|
|
|
Administrative expenses
|
|
|
|
(
2,622)
|
|
(
4,388)
|
|
|
|
|
|
|
_______
|
|
_______
|
|
|
Operating profit
|
|
|
|
10,840
|
|
9,145
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
_______
|
|
|
Profit before taxation
|
|
|
|
10,840
|
|
9,145
|
|
|
|
|
|
|
|
|
|
|
|
Tax on profit
|
|
|
|
(
2,111)
|
|
(
1,955)
|
|
|
|
|
|
|
_______
|
|
_______
|
|
|
Profit for the financial year and total comprehensive income
|
|
|
|
8,729
|
|
7,190
|
|
|
|
|
|
|
_______
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
Dividends declared and paid or payable during the year
|
|
|
|
(
9,000)
|
|
(
4,000)
|
|
|
|
|
|
|
|
|
|
|
|
Retained earnings at the start of the year
|
|
|
|
227
|
|
(
2,963)
|
|
|
|
|
|
|
_______
|
|
_______
|
|
|
Retained earnings at the end of the year
|
|
|
|
(
44)
|
|
227
|
|
|
|
|
|
|
_______
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
All the activities of the company are from continuing operations.
Classic Fireplaces Fitting Ltd
Abridged statement of financial position
31 August 2018
|
|
|
2018
|
|
|
|
2017
|
|
|
|
|
Note
|
£
|
|
£
|
|
£
|
|
£
|
|
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
|
|
|
|
Debtors
|
|
|
2,800
|
|
|
|
2,450
|
|
|
Cash at bank and in hand
|
|
|
109
|
|
|
|
824
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
2,909
|
|
|
|
3,274
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
within one year
|
|
|
(
2,951)
|
|
|
|
(
3,045)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
Net current (liabilities)/assets
|
|
|
|
|
(
42)
|
|
|
|
229
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Total assets less current liabilities
|
|
|
|
|
(
42)
|
|
|
|
229
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Net (liabilities)/assets
|
|
|
|
|
(
42)
|
|
|
|
229
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves
|
|
|
|
|
|
|
|
|
|
Called up share capital
|
|
|
|
|
2
|
|
|
|
2
|
Profit and loss account
|
|
|
|
|
(
44)
|
|
|
|
227
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Shareholders (deficit)/funds
|
|
|
|
|
(
42)
|
|
|
|
229
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
For the year ending 31 August 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These financial statements were approved by the
board of directors
and authorised for issue on
31 January 2019
, and are signed on behalf of the board by:
Mrs Pauline Shields
Mrs Pauline Bowman
Director
Director
Company registration number:
09185440
Classic Fireplaces Fitting Ltd
Notes to the financial statements
Year ended 31 August 2018
1.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
2.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.