INDULGEDELIBAR UK LTD

INDULGEDELIBAR UK LTD

INDULGEDELIBAR UK LTD - Company Information

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INDULGEDELIBAR UK LTD

Company Registration Number:
06530588 (England and Wales)

Unaudited abridged accounts for the year ended 26 March 2018

Period of accounts

Start date: 28 March 2017

End date: 26 March 2018

INDULGEDELIBAR UK LTD

Contents of the Financial Statements

for the Period Ended 26 March 2018

Balance sheet
Notes

INDULGEDELIBAR UK LTD

Balance sheet

As at 26 March 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 3 49,459 55,636
Tangible assets: 4 12,166 16,466
Total fixed assets: 61,625 72,102
Current assets
Stocks: 2,000 2,000
Debtors:   22,224 24,115
Cash at bank and in hand: 4,969 1,070
Total current assets: 29,193 27,185
Creditors: amounts falling due within one year: 5 (70,459) (58,933)
Net current assets (liabilities): (41,266) (31,748)
Total assets less current liabilities: 20,359 40,354
Creditors: amounts falling due after more than one year: 6 (6,874) (10,624)
Total net assets (liabilities): 13,485 29,730
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 13,385 29,630
Shareholders funds: 13,485 29,730

The notes form part of these financial statements

INDULGEDELIBAR UK LTD

Balance sheet statements

For the year ending 26 March 2018 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 February 2019
and signed on behalf of the board by:

Name: P G Oliver
Status: Director

The notes form part of these financial statements

INDULGEDELIBAR UK LTD

Notes to the Financial Statements

for the Period Ended 26 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

INDULGEDELIBAR UK LTD

Notes to the Financial Statements

for the Period Ended 26 March 2018

2. Employees

2018 2017
Average number of employees during the period 15 15

INDULGEDELIBAR UK LTD

Notes to the Financial Statements

for the Period Ended 26 March 2018

3. Intangible Assets

Total
Cost £
At 28 March 2017 102,949
At 26 March 2018 102,949
Amortisation
At 28 March 2017 47,313
Charge for year 6,177
At 26 March 2018 53,490
Net book value
At 26 March 2018 49,459
At 27 March 2017 55,636

INDULGEDELIBAR UK LTD

Notes to the Financial Statements

for the Period Ended 26 March 2018

4. Tangible Assets

Total
Cost £
At 28 March 2017 34,486
At 26 March 2018 34,486
Depreciation
At 28 March 2017 18,020
Charge for year 4,300
At 26 March 2018 22,320
Net book value
At 26 March 2018 12,166
At 27 March 2017 16,466

INDULGEDELIBAR UK LTD

Notes to the Financial Statements

for the Period Ended 26 March 2018

5. Creditors: amounts falling due within one year note

Bank overdraft 2178 1014Trade Creditors 19461 20219Taxation 494 1830Other Taxes & VAT 6748 6746Other creditors 9315 4515Directors Current Accounts 28513 20859Hire Purchases 3750 3750

INDULGEDELIBAR UK LTD

Notes to the Financial Statements

for the Period Ended 26 March 2018

6. Creditors: amounts falling due after more than one year note

Hire Purchases 6874 10624

INDULGEDELIBAR UK LTD

Notes to the Financial Statements

for the Period Ended 26 March 2018

7. Related party transactions

Name of the related party: Indulge at the Park Limited
Relationship:
Directors also directors shareholders
Description of the Transaction: The company provided services and goods to the value of £24,328 (2017 £22,527) to Indulge at the Park Ltd, a company of which the directors are controlling shareholders of. These were conducted in the normal course of business and at arms length.The company owed, at the year end, £9,315 to Indulge at the Park Limited, a company the directors are directors of
£
Balance at 28 March 2017 4,515
Balance at 26 March 2018 9,315