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FOXFORD LEISURE LIMITED - Company Information

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Foxford Leisure Limited

Registered Number:04225866

For the year ended 31 May 2018

England and Wales

Unaudited Financial Statements

For the year ended 31 May 2018

Foxford Leisure Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 May 2018

Foxford Leisure Limited

Statement of Financial Position

Registered Number :

04225866

2017

2018

Notes

Fixed assets

Property, plant and equipment

446,961

455,447

446,961

455,447

Current assets

Trade and other receivables

1,548

36,609

Cash and cash equivalents

254

1,802

36,609

Trade and other payables: amounts falling due within one

year

(34,244)

(2,068)

2,365

(266)

Net current liabilities

Total assets less current liabilities

446,695

457,812

Trade and other payables: amounts falling due after more

than one year

(435,152)

(426,722)

19,973

Net assets

22,660

Capital and reserves

Called up share capital

100

Retained earnings

19,873

22,560

19,973

22,660

Shareholders' funds

For the year ended 31 May 2018 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 of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

G L Wedlake Director

These financial statements were approved and authorised for issue by the Board on 12 February 2019 and were signed by:

The notes form part of these financial statements

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For the year ended 31 May 2018

Foxford Leisure Limited

Notes to the Financial Statements

Statutory Information

Foxford Leisure Limited is a private limited company, limited by shares, domiciled in England and Wales, registration

number 04225866.

Registered address:

The Old Forge Bridgwater Road

Lulsgate

Bristol

BS40 9UR

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant&Machinery 25% reducing balance.

No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected

useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation

would be immaterial. The directors undertake an annual impairment review of these properties.

2. Property, plant and equipment

Total

Plant and

machinery

Land and

buildings

Cost or

valuation

At 01 June 2017

586,801

143,515

443,286

At 31 May 2018

443,286

143,515

586,801

Provision for depreciation and impairment

At 01 June 2017

131,354

109,568

21,786

Charge for year

8,486

At 31 May 2018

139,840

118,054

21,786

At 31 May 2018

Net book value

421,500

25,461

446,961

At 31 May 2017

421,500

33,947

455,447

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For the year ended 31 May 2018

Foxford Leisure Limited

Notes to the Financial Statements Continued

3. Trade and other receivables

2017

2018

Other debtors

1,548

4. Trade and other payables: amounts falling due within one year

2017

2018

Taxation and social security

1,318

33,444

Other creditors

750

800

2,068

34,244

5. Trade and other payables: amounts falling due after more than one year

2017

2018

Other creditors

426,722

435,152

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