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REGISTERED NUMBER: 04716039 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018

FOR

COASTAL HEATING & PLUMBING (KENT)
LIMITED

COASTAL HEATING & PLUMBING (KENT)
LIMITED (REGISTERED NUMBER: 04716039)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2018










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


COASTAL HEATING & PLUMBING (KENT)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2018







DIRECTORS: Mr N Hammond
Mr M R Hawkins





REGISTERED OFFICE: 93 Bohemia Road
St. Leonards on Sea
East Sussex
TN37 6RJ





REGISTERED NUMBER: 04716039 (England and Wales)





ACCOUNTANTS: Acuity Professional (Sellens French) LLP
91-97 Bohemia Road
St Leonards on Sea
East Sussex
TN37 6RJ

COASTAL HEATING & PLUMBING (KENT)
LIMITED (REGISTERED NUMBER: 04716039)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2018

30.6.18 30.6.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 8,302 11,070
8,302 11,070

CURRENT ASSETS
Stocks 6 18,568 20,999
Debtors 7 27,778 34,571
Cash at bank 10 -
46,356 55,570
CREDITORS
Amounts falling due within one year 8 52,876 66,272
NET CURRENT LIABILITIES (6,520 ) (10,702 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,782

368

PROVISIONS FOR LIABILITIES 10 1,578 -
NET ASSETS 204 368

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 104 268
SHAREHOLDERS' FUNDS 204 368

COASTAL HEATING & PLUMBING (KENT)
LIMITED (REGISTERED NUMBER: 04716039)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2018


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 6 November 2018 and were signed on its behalf by:





Mr M R Hawkins - Director


COASTAL HEATING & PLUMBING (KENT)
LIMITED (REGISTERED NUMBER: 04716039)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2018


1. STATUTORY INFORMATION

Coastal Heating & Plumbing (Kent) 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.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less
any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

STOCKS
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

TAXATION
Taxation for the year comprises current 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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.


COASTAL HEATING & PLUMBING (KENT)
LIMITED (REGISTERED NUMBER: 04716039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2018


2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement
of financial position 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 July 2017
and 30 June 2018 14,000
Amortisation
At 1 July 2017
and 30 June 2018 14,000
Net book value
At 30 June 2018 -
At 30 June 2017 -

COASTAL HEATING & PLUMBING (KENT)
LIMITED (REGISTERED NUMBER: 04716039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2018


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
Cost
At 1 July 2017
and 30 June 2018 2,513 812 20,990 24,315
Depreciation
At 1 July 2017 2,284 794 10,167 13,245
Charge for year 57 5 2,706 2,768
At 30 June 2018 2,341 799 12,873 16,013
Net book value
At 30 June 2018 172 13 8,117 8,302
At 30 June 2017 229 18 10,823 11,070

6. STOCKS
30.6.18 30.6.17
£    £   
Stocks 16,631 16,942
Work-in-progress 1,937 4,057
18,568 20,999

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.18 30.6.17
£    £   
Trade debtors 1,722 1,326
Directors' current accounts 12,280 19,953
Tax 13,374 13,068
Prepayments and accrued income 402 224
27,778 34,571

COASTAL HEATING & PLUMBING (KENT)
LIMITED (REGISTERED NUMBER: 04716039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2018


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.18 30.6.17
£    £   
Bank loans and overdrafts (see note 9) 26,405 31,291
Hire purchase contracts 6,160 9,951
Trade creditors 4,682 8,918
Corporation tax 3,859 5,209
VAT 6,950 5,936
Accrued expenses 4,820 4,967
52,876 66,272

9. LOANS

An analysis of the maturity of loans is given below:

30.6.18 30.6.17
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 3,879 3,690
Bank loans 22,526 27,601
26,405 31,291

10. PROVISIONS FOR LIABILITIES
30.6.18 30.6.17
£    £   
Deferred tax 1,578 -

Deferred
tax
£   
Charge to Income Statement during year 1,578
Balance at 30 June 2018 1,578

11. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.6.18 30.6.17
value: £    £   
100 Ordinary £1 100 100

COASTAL HEATING & PLUMBING (KENT)
LIMITED (REGISTERED NUMBER: 04716039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2018


12. RESERVES
Retained
earnings
£   

At 1 July 2017 268
Profit for the year 20,286
Dividends (20,450 )
At 30 June 2018 104

13. RELATED PARTY DISCLOSURES

During the year, total dividends of £20,450 (2017: £19,600) were paid to the directors.

At balance sheet date, there was an amount due from the directors of £12,280 (2017: £19,953). This is an interest
free advance from the company and does not have a fixed date of repayment.

14. CONTROLLING PARTY

The directors have ultimate control of the company.