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REGISTERED NUMBER: 06728393 (England and Wales)















Financial Statements for the Year Ended 31 March 2017

for

C R & C L Donaldson Ltd
C R & C L Donaldson Ltd (Registered number: 06728393)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 9
C R & C L Donaldson Ltd

Company Information
for the Year Ended 31 March 2017







DIRECTORS: C R Donaldson
Mrs C L Donaldson





REGISTERED OFFICE: Hazel House
Tollerton Road
Huby
YORK
North Yorkshire
YO61 1JA





REGISTERED NUMBER: 06728393 (England and Wales)





ACCOUNTANTS: Eura Audit UK (Northallerton) LLP
t/a Eura Audit Northallerton
87 South Parade
Northallerton
North Yorkshire
DL7 8SJ
C R & C L Donaldson Ltd (Registered number: 06728393)

Balance Sheet
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,985 7,334
Tangible assets 5 3,140,125 2,962,777
3,146,110 2,970,111

CURRENT ASSETS
Stocks 1,755,390 1,698,924
Debtors 6 157,027 256,496
1,912,417 1,955,420
CREDITORS
Amounts falling due within one year 7 2,306,899 2,255,969
NET CURRENT LIABILITIES (394,482 ) (300,549 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,751,628

2,669,562

CREDITORS
Amounts falling due after more than one year 8 (1,952,710 ) (1,969,573 )

PROVISIONS FOR LIABILITIES (125,214 ) (111,588 )
NET ASSETS 673,704 588,401

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 672,704 587,401
SHAREHOLDERS' FUNDS 673,704 588,401

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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.
C R & C L Donaldson Ltd (Registered number: 06728393)

Balance Sheet - continued
31 March 2017


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 31 October 2017 and were signed on its behalf by:





C R Donaldson - Director

C R & C L Donaldson Ltd (Registered number: 06728393)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

C R & C L Donaldson Ltd 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.

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.

Entitlements are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - depreciation not provided
Plant and machinery etc - 33% straight line, 25% on reducing balance, 15% on reducing balance and 2% on cost

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.
C R & C L Donaldson Ltd (Registered number: 06728393)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire
purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over
their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the
future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2016 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2016
and 31 March 2017 13,490
AMORTISATION
At 1 April 2016 6,156
Charge for year 1,349
At 31 March 2017 7,505
NET BOOK VALUE
At 31 March 2017 5,985
At 31 March 2016 7,334
C R & C L Donaldson Ltd (Registered number: 06728393)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2016 1,259,217 2,303,488 3,562,705
Additions - 376,230 376,230
Disposals - (59,435 ) (59,435 )
At 31 March 2017 1,259,217 2,620,283 3,879,500
DEPRECIATION
At 1 April 2016 - 599,928 599,928
Charge for year - 167,652 167,652
Eliminated on disposal - (28,205 ) (28,205 )
At 31 March 2017 - 739,375 739,375
NET BOOK VALUE
At 31 March 2017 1,259,217 1,880,908 3,140,125
At 31 March 2016 1,259,217 1,703,560 2,962,777

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2016 281,782
Additions 259,055
Transfer to ownership (72,800 )
At 31 March 2017 468,037
DEPRECIATION
At 1 April 2016 65,938
Charge for year 65,658
Transfer to ownership (28,134 )
At 31 March 2017 103,462
NET BOOK VALUE
At 31 March 2017 364,575
At 31 March 2016 215,844
C R & C L Donaldson Ltd (Registered number: 06728393)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 141,615 195,828
Other debtors 15,412 60,668
157,027 256,496

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 988,968 686,276
Hire purchase contracts 104,303 58,904
Trade creditors 780,476 786,378
Taxation and social security 31,220 10,100
Other creditors 401,932 714,311
2,306,899 2,255,969

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017 2016
£    £   
Bank loans 1,264,538 1,353,524
Hire purchase contracts 219,186 107,500
Other creditors 468,986 508,549
1,952,710 1,969,573

Amounts falling due in more than five years:

Repayable by instalments
Loans more 5 years
AMC loan 182,206 202,545
Lloyds loan 697,906 781,402
880,112 983,947

9. SECURED DEBTS

The following secured debts are included within creditors:

2017 2016
£    £   
Bank overdrafts 900,450 601,379
Bank loans 1,353,056 1,438,421
2,253,506 2,039,800

Borrowings are secured by a charge over freehold land & buildings, a second charge over all assets and a personal
guarantee from the directors.
C R & C L Donaldson Ltd (Registered number: 06728393)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

10. RELATED PARTY DISCLOSURES

Mr & Mrs C R Donaldson, the directors, draw salaries of £7,410 and dividends for the period of £30,000 each. Their loan
account stood at £563,712 at the year end. They also provided personal guarantees as security for the company borrowings.

11. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr C R & Mrs C L Donaldson, being the directors and equal shareholders.
C R & C L Donaldson Ltd

Report of the Accountants to the Directors of
C R & C L Donaldson Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited
financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.
Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report
of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2017 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Eura Audit UK (Northallerton) LLP
t/a Eura Audit Northallerton
87 South Parade
Northallerton
North Yorkshire
DL7 8SJ


Date: .............................................

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