Company Registration No. 6895179 (England and Wales)
PETLEY WOOD EQUESTRIAN LIMITED
Unaudited accounts
for the year ended 31 July 2018
PETLEY WOOD EQUESTRIAN LIMITED
Unaudited accounts
Contents
PETLEY WOOD EQUESTRIAN LIMITED
Company Information
for the year ended 31 July 2018
Company Number
6895179 (England and Wales)
Registered Office
PETLEY FARM
MARLEY LANE
BATTLE
TN33 0RE
Accountants
JEFFREY W JOHNSON
1 Benenden Rise
Hastings
East Sussex
TN34 2HN
PETLEY WOOD EQUESTRIAN LIMITED
Statement of financial position
as at 31 July 2018
Tangible assets
41,300
50,680
Cash at bank and in hand
300
300
Creditors: amounts falling due within one year
(75,986)
(80,548)
Net current liabilities
(75,686)
(80,248)
Net liabilities
(34,386)
(29,568)
Called up share capital
1
1
Profit and loss account
(34,387)
(29,569)
Shareholders' funds
(34,386)
(29,568)
For the year ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 April 2018.
J PADMORE
Director
Company Registration No. 6895179
PETLEY WOOD EQUESTRIAN LIMITED
Notes to the Accounts
for the year ended 31 July 2018
PETLEY WOOD EQUESTRIAN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6895179. The registered office is PETLEY FARM, MARLEY LANE, BATTLE, TN33 0RE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2017
32,353
53,755
21,453
107,561
At 31 July 2018
32,353
55,513
21,453
109,319
At 1 August 2017
13,283
30,589
13,009
56,881
Charge for the year
3,235
5,792
2,111
11,138
At 31 July 2018
16,518
36,381
15,120
68,019
At 31 July 2018
15,835
19,132
6,333
41,300
At 31 July 2017
19,070
23,166
8,444
50,680
PETLEY WOOD EQUESTRIAN LIMITED
Notes to the Accounts
for the year ended 31 July 2018
5
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
3,585
4,672
Taxes and social security
-
2,543
Other creditors
71,651
73,333
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 0 (2017: 0).
