The Walker Ground Bar & Functions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11025603 (England and Wales)

THE WALKER GROUND BAR & FUNCTIONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 23 OCTOBER 2017 TO 31 MARCH 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N Niyazi

C Horner

A May

G Wingrove

I Shaikh

J Dangerfield

REGISTERED OFFICE:

The Walker Cricket Ground

Waterfall Road

Southgate

London

N14 7JZ

REGISTERED NUMBER:

11025603 (England and Wales)

CURRENT ASSETS

Stocks

7,155

Cash at bank and in hand

44,473

51,628

CREDITORS

Amounts falling due within one year

4

25,317

NET CURRENT ASSETS

26,311

TOTAL ASSETS LESS CURRENT LIABILITIES

26,311

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

26,310

SHAREHOLDERS' FUNDS

26,311

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2019 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.

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 23 July 2019 and were signed on its behalf by:

I Shaikh - Director

1.	STATUTORY INFORMATION

The Walker Ground Bar & Functions 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

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 period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

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 period was 5 .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1,912

Taxation and social security

9,165

Other creditors

14,240

25,317

5.	ULTIMATE CONTROLLING PARTY

The company is a 100% subsidiary of The Walker Cricket Ground Trust. The principal address of The

Walker Cricket Ground Trust is Waterfall Road, Southgate, London, N14 7JZ.

6.	GIFT AID DONATION

It has been agreed that the company's profit for the period of £26,310 will be donated by way of gift aid

to the ultimate parent The Walker Cricket Ground Trust. Consequently there is no corporation tax due

on the profit for the period ended 31 March 2019.