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REGISTERED NUMBER: 06999542 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2018

for

Cummings and Pattison (North East)
Limited

Cummings and Pattison (North East)
Limited (Registered number: 06999542)






Contents of the Financial Statements
for the Year Ended 31 January 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cummings and Pattison (North East)
Limited

Company Information
for the Year Ended 31 January 2018







DIRECTORS: I Wilson
B Wardle





REGISTERED OFFICE: Unit 6A
Pearsons Industrial Estate
Colliery Lane
Hetton Le Hole
Tyne and Wear
DH5 0BG





REGISTERED NUMBER: 06999542 (England and Wales)





ACCOUNTANTS: John Alderdice & Son
Chartered Accountants
21 Sherburn Terrace
Consett
Co. Durham
DH8 6ND

Cummings and Pattison (North East)
Limited (Registered number: 06999542)

Balance Sheet
31 January 2018

31.1.18 31.1.17
Notes £    £   
FIXED ASSETS
Intangible assets 4 700 778
Tangible assets 5 114,596 118,869
115,296 119,647

CURRENT ASSETS
Stocks 2,750 9,050
Debtors 6 136,088 133,560
Cash at bank and in hand 31,128 498
169,966 143,108
CREDITORS
Amounts falling due within one year 7 (255,971 ) (244,910 )
NET CURRENT LIABILITIES (86,005 ) (101,802 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,291

17,845

CREDITORS
Amounts falling due after more than one
year

8

(1,033

)

(15,813

)

PROVISIONS FOR LIABILITIES (1,066 ) (1,834 )
NET ASSETS 27,192 198

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 27,190 196
27,192 198

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

Cummings and Pattison (North East)
Limited (Registered number: 06999542)

Balance Sheet - continued
31 January 2018


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 24 October 2018 and were signed on its behalf by:




B Wardle - Director



I Wilson - Director


Cummings and Pattison (North East)
Limited (Registered number: 06999542)

Notes to the Financial Statements
for the Year Ended 31 January 2018

1. STATUTORY INFORMATION

Cummings and Pattison (North East) 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 0, is being amortised evenly over its estimated useful life of nil 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 etc - 25% on reducing balance

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

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.

Cummings and Pattison (North East)
Limited (Registered number: 06999542)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2018

2. ACCOUNTING POLICIES - continued

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 13 (2017 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2017
and 31 January 2018 1,371
AMORTISATION
At 1 February 2017 593
Charge for year 78
At 31 January 2018 671
NET BOOK VALUE
At 31 January 2018 700
At 31 January 2017 778

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2017
and 31 January 2018 101,777 42,527 144,304
DEPRECIATION
At 1 February 2017 - 25,435 25,435
Charge for year - 4,273 4,273
At 31 January 2018 - 29,708 29,708
NET BOOK VALUE
At 31 January 2018 101,777 12,819 114,596
At 31 January 2017 101,777 17,092 118,869

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
Trade debtors 136,088 133,560

Cummings and Pattison (North East)
Limited (Registered number: 06999542)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2018

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
Bank loans and overdrafts 21,856 36,077
Trade creditors 15,437 18,057
Taxation and social security 30,603 46,184
Other creditors 188,075 144,592
255,971 244,910

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.18 31.1.17
£    £   
Bank loans 1,033 15,813

9. RELATED PARTY DISCLOSURES

During the year total dividends of 2018: £27,600 (2017: £nil) were paid to the directors.

Creditors includes directors' loan accounts amounting to 2018 £183,504 (2017: £139,904). These are interest
free, unsecured and repayable on demand.