Accounts filed on 31-07-2018


ACCOUNTS
FOR THE YEAR ENDED 31/07/2018





DIRECTORS
Stephen Chapman
Gary Chapman
Timothy Gillard


REGISTERED OFFICE
23 Foxglove Close
Buckingham
Buckinghamshire
MK18 1FU


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08129071



ACCOUNTANTS
Balmer Accountancy
Whiteleaf Business Centre
11 Little Balmer
Buckingham
MK18 1TF


ACCOUNTS
FOR THEYEARENDED31/07/2018



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/07/2018

			2018		2017
	Notes		£		£


CURRENT ASSETS
Stock		7,444		7,028
Debtors	3	1,688		1,084
Cash at bank and in hand		4,610		6,483
		13,742		14,595
CREDITORS: Amounts falling due within one year	4	50,594		43,422
NET CURRENT LIABILITIES			(36,852)		(28,827)
TOTAL ASSETS LESS CURRENT LIABILITIES			(36,852)		(28,827)

CAPITAL AND RESERVES

Called up share capital	6		3		3
Profit and loss account			(36,855)		(28,830)
SHAREHOLDERS' FUNDS			(36,852)		(28,827)

For the year ending 31/07/2018 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 14/03/2019 and signed on their behalf by



.............................
Stephen Chapman
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




3. DEBTORS	2018	2017
	£	£
Amounts falling due within one year
Trade debtors	1,264	660
Other debtors	424	424
	1,688	1,084




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2018	2017
	£	£
VAT	1,493	337
Directors current account - SKC	36,640	32,249
Directors current account - GC	2,502	1,982
Directors current account - TG	8,599	8,079
Trade creditors	635	-
Accruals	725	775
	50,594	43,422




6. SHARE CAPITAL	2018	2017
	£	£
Allotted, issued and fully paid:
3 Ordinary shares of £1 each	3	3
	3	3