Pawnbroker Limited - Period Ending 2018-11-30

Pawnbroker Limited

Annual Report and Unaudited Financial Statements
Year Ended 30 November 2018

Registration number: 05862822

Pawnbroker Limited

Balance Sheet

30 November 2018

	Note	2018 £	2017 £
Creditors: Amounts falling due within one year	3	(3,713)	(3,713)
Capital and reserves
Called up share capital		10	10
Profit and loss account		(3,723)	(3,723)
Total equity		(3,713)	(3,713)

For the financial year ending 30 November 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 3 April 2019 and signed on its behalf by:

......................................... D Grimes Director

Company Registration Number: 05862822

The notes on pages 2 to 3 form an integral part of these financial statements.

Page 1

Pawnbroker Limited

Notes to the Financial Statements

Year Ended 30 November 2018

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Towngate House
2-8 Parkstone Road
Poole
Dorset
BH15 2PW

These financial statements were authorised for issue by the Board on 3 April 2019.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Page 2

Pawnbroker Limited

Notes to the Financial Statements

Year Ended 30 November 2018

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
 

3

Creditors

	2018 £	2017 £
Due within one year
Other creditors	3,713	3,713

Page 3