REGISTERED NUMBER: 05510900 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2018

FOR

A CRADDOCK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A L Craddock

SECRETARY:

Mrs L Craddock

REGISTERED OFFICE:

High Tor

Battle Ridge

Hopton

Staffordshire

ST18 0BG

REGISTERED NUMBER:

05510900 (England and Wales)

ACCOUNTANTS:

Wynniatt-Husey Ltd

Chartered Accountants

The Old Coach House

Horsefair

Rugeley

Staffordshire

WS15 2EL

FIXED ASSETS

682

Tangible assets

4

4,027

CURRENT ASSETS

532

Debtors

5

496

1,809

Cash at bank

5,661

2,341

6,157

CREDITORS

4,166

Amounts falling due within one year

6

9,927

(1,825

)

NET CURRENT LIABILITIES

(3,770

)

(1,143

)

TOTAL ASSETS LESS CURRENT LIABILITIES

257

CAPITAL AND RESERVES

3

Called up share capital

7

3

(1,146

)

Retained earnings

8

254

(1,143

)

SHAREHOLDERS' FUNDS

257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 19 November 2018 and were signed by:

A L Craddock - Director

1.	STATUTORY INFORMATION

A Craddock Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

Totals

machinery

fittings

vehicles

equipment

£

£

£

£

£

COST

At 1 August 2017

6,843

3,165

518

-

3,160

Additions

4,390

1,190

-

3,200

-

At 31 July 2018

11,233

4,355

518

3,200

3,160

DEPRECIATION

At 1 August 2017

6,161

2,940

518

-

2,703

Charge for year

1,045

301

-

367

377

At 31 July 2018

7,206

3,241

518

367

3,080

NET BOOK VALUE

At 31 July 2018

4,027

1,114

-

2,833

80

At 31 July 2017

682

225

-

-

457

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Trade debtors

496

532

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Tax

5,733

3,362

Directors' current accounts

3,570

252

Accrued expenses

624

552

9,927

4,166

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.18

31.7.17

value:

£

£

1

Ordinary

£1

3

3

8.

RESERVES

Retained

earnings

£

At 1 August 2017

(1,146

)

Profit for the year

13,500

Dividends

(12,100

)

At 31 July 2018

254