Catchit Laboratories (UK) Limited
|
Registered Number
:
09308898
|
For the year ended 30 November 2018
England and Wales
Unaudited Financial Statements
Catchit Laboratories (UK) Limited
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
26,395
18,469
2
26,395
18,469
2,850
2,750
3
Trade and other receivables
|
13,730
10,551
4
36,862
Cash and cash equivalents
|
56,982
70,283
53,442
Trade and other payables
:
amounts falling due within one
|
year
|
(36,930)
(39,350)
5
16,512
30,933
Net current assets
Total assets less current liabilities
|
57,328
34,981
57,328
Net assets
34,981
2
2
57,326
34,979
57,328
34,981
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 27 August 2019 and were signed by:
|
The notes form part of these financial statements
|
1 of 4
For the year ended 30 November 2018
Catchit Laboratories (UK) Limited
Notes to the Financial Statements
Statutory Information
Catchit Laboratories
(
UK
)
Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
09308898
.
|
37 Jamdyce
Chelmsford
Essex
CM1 4WB
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 30 November 2018
Catchit Laboratories (UK) Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
21,148
20,000
1,148
20,399
9,975
10,424
(10,000)
-
(10,000)
11,572
19,975
31,547
Provision for depreciation and impairment
|
2,679
2,500
179
Charge for year
5,363
3,828
1,535
(2,890)
(2,890)
-
5,152
3,438
1,714
9,858
16,537
26,395
969
17,500
18,469
2017
2018
2,750
2,850
4
.
Trade and other receivables
|
2017
2018
10,549
13,728
Called up share capital not paid
|
2
2
13,730
10,551
3 of 4
For the year ended 30 November 2018
Catchit Laboratories (UK) Limited
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
4,601
4,469
Taxation and social security
|
27,927
26,353
Accruals and deferred income
|
922
708
Directors
'
loan accounts
|
5,400
5,400
500
-
39,350
36,930
6
.
Related party transactions
|
The company is jointly controlled by the Directors David Clark and Paul Clark
.
|
During the year the following interim dividends were paid to the Directors in respect of their respective shareholdings
|
in the company
.
David Clark £
40
,
900
(
2017
:
£
46
,
000
)
,
Paul Clark £
40
,
900
(
2017
:
£
46
,
000
).
|
7
.
Average number of persons employed
|
During the year the average number of employees was 2 (2017 : 2)
4 of 4