Company Registration No. 6891890 (England and Wales)
Courtier Limited
Unaudited accounts
for the period from 1 October 2022 to 29 September 2023
Courtier Limited
Unaudited accounts
Contents
Courtier Limited
Statement of financial position
as at 29 September 2023
Intangible assets
73,500
84,000
Tangible assets
36,060
42,187
Cash at bank and in hand
42,514
43,082
Creditors: amounts falling due within one year
(63,189)
(82,143)
Net current liabilities
(4,258)
(16,201)
Total assets less current liabilities
105,302
109,986
Creditors: amounts falling due after more than one year
(15,166)
(18,998)
Provisions for liabilities
Deferred tax
(4,002)
(1,200)
Courtier Limited
Statement of financial position
as at 29 September 2023 (continued)
Called up share capital
12,002
12,002
Revaluation reserve
25,000
25,000
Profit and loss account
49,132
52,786
Shareholders' funds
86,134
89,788
For the period ending 29 September 2023 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by
C S Carwardine
Director
Company Registration No. 6891890
Courtier Limited
Notes to the Accounts
for the period from 1 October 2022 to 29 September 2023
Courtier Limited is a private company, limited by shares, registered in England and Wales, registration number 6891890. The registered office is Oatlands Lodge , Wrington Hill, Wrington , BS40 5PL.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
20% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
Stocks and work-in-progress are valued at the lower of cost and net realisable value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Courtier Limited
Notes to the Accounts
for the period from 1 October 2022 to 29 September 2023
Government grants in relation to the Covid-19 are credited when the expenditure is charged to the profit and loss or when received.
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
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Intangible fixed assets
Total
At 29 September 2023
210,000
Charge for the period
10,500
At 29 September 2023
136,500
At 29 September 2023
73,500
At 30 September 2022
84,000
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Tangible fixed assets
Total
At 29 September 2023
87,450
Charge for the period
11,017
At 29 September 2023
51,390
At 29 September 2023
36,060
At 30 September 2022
42,187
Four years ago the director, C S Carwardine, revalued the leasehold interest and plant and machinery on a fair value basis.
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Average number of employees
During the period the average number of employees was 5 (2022: 5).