Contract Candles Limited 03077491 true 2021-01-01 2021-12-31 2021-12-31 The principal activity of the company is haulier. Digita Accounts Production Advanced 6.30.9574.0 true Mr A Thompson Mr S Thompson 03077491 2021-01-01 2021-12-31 03077491 2021-12-31 03077491 bus:OrdinaryShareClass1 2021-12-31 03077491 core:ShareCapital 2021-12-31 03077491 bus:FRS102 2021-01-01 2021-12-31 03077491 bus:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 03077491 bus:FullAccounts 2021-01-01 2021-12-31 03077491 bus:RegisteredOffice 2021-01-01 2021-12-31 03077491 bus:Director1 2021-01-01 2021-12-31 03077491 bus:Director3 2021-01-01 2021-12-31 03077491 bus:OrdinaryShareClass1 2021-01-01 2021-12-31 03077491 bus:EntityNoLongerTradingButTradedInPast 2021-01-01 2021-12-31 03077491 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 03077491 core:Goodwill 2021-01-01 2021-12-31 03077491 core:MotorVehicles 2021-01-01 2021-12-31 03077491 countries:EnglandWales 2021-01-01 2021-12-31 03077491 2020-12-31 03077491 bus:OrdinaryShareClass1 2020-12-31 03077491 core:ShareCapital 2020-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03077491

Contract Candles Limited


Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2021

 

Contract Candles Limited

(Registration number: 03077491)
Balance Sheet as at 31 December 2021

Note

2021
£

2020
£

Current assets

 

Cash at bank and in hand

 

2

2

Capital and reserves

 

Called up share capital

4

2

2

Shareholders' funds

 

2

2

For the financial year ending 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 6 September 2022 and signed on its behalf by:
 

.........................................
Steven Thompson - Director

.........................................
Mr S Thompson
Director

 

Contract Candles Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2021

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hexham Villa
Egton Terrace
Birtley
Co. Durham
DH3 1LX
United Kingdom

The principal place of business is:
Lower Lodge
Vann Road
Fernhurst
Surrey
GU27 3NH
United Kingdom

These financial statements were authorised for issue by the Board on 6 September 2022.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Depreciation

Asset class

Depreciation method and rate

Motor vehicles

25% reducing balance

Amortisation

Asset class

Amortisation method and rate

Goodwill

10% straight line

 

Contract Candles Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2021

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Cash and cash equivalents

2021
£

2020
£

Cash at bank

2

2

4

Share capital

Allotted, called up and fully paid shares

 

2021

2020

 

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2