Catchit Laboratories (UK) Limited
|
Registered Number
:
09308898
|
For the year ended 30 November 2019
England and Wales
Unaudited Financial Statements
Catchit Laboratories (UK) Limited
Statement of Financial Position
2018
2019
Property
,
plant and equipment
|
19,577
26,395
2
19,577
26,395
2,750
2,950
3
Trade and other receivables
|
10,551
9,441
4
56,982
Cash and cash equivalents
|
81,645
94,036
70,283
Trade and other payables
:
amounts falling due within one
|
year
|
(39,350)
(39,195)
5
30,933
54,841
Net current assets
Total assets less current liabilities
|
74,418
57,328
74,418
Net assets
57,328
2
2
74,416
57,326
74,418
57,328
Shareholders' funds
For the year ended 30 November 2019 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 2019 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 16 June 2020 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 30 November 2019
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 Jarndyce
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.
|
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For the year ended 30 November 2019
Catchit Laboratories (UK) Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
31,547
19,975
11,572
157
-
157
11,729
19,975
31,704
Provision for depreciation and impairment
|
5,152
3,438
1,714
Charge for year
6,975
5,475
1,500
12,127
8,913
3,214
8,515
11,062
19,577
9,858
16,537
26,395
Included within the net book value of fixed assets is £
41
,
250
relating to assets held under hire purchase agreements
.
|
The depreciatioin charge for the year on these assets amounted to £
13
,
750
.
|
2018
2019
2,950
2,750
4
.
Trade and other receivables
|
2018
2019
9,439
10,549
Called up share capital not paid
|
2
2
10,551
9,441
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For the year ended 30 November 2019
Catchit Laboratories (UK) Limited
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
3,477
4,601
Taxation and social security
|
28,747
27,927
Accruals and deferred income
|
1,071
922
Directors
'
loan accounts
|
5,400
5,400
500
500
39,195
39,350
6
.
Related party transactions
|
The company is jointly controlled by the Directors Paul Clark and David Clark
.
|
During the period the following interim dividends were paid to the Directors in respect of their equity shareholdings in
|
the company
:
Paul Clarke £
43
,
000
(
2018
:
£
40
,
900
)
,
David Clarke £
43
,
000
(
2018
:
£
40
,
900
).
|
7
.
Average number of persons employed
|
During the year the average number of employees was 2 (2018 : 2)
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