The Shared Ownership Shop Limited - Accounts to registrar (filleted) - small 18.2

The Shared Ownership Shop Limited - Accounts to registrar (filleted) - small 18.2

THE SHARED OWNERSHIP SHOP LIMITED - Company Information

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REGISTERED NUMBER: 09403200 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2019

for

The Shared Ownership Shop Limited
The Shared Ownership Shop Limited (Registered number: 09403200)






Contents of the Financial Statements
for the Year Ended 31 March 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Shared Ownership Shop Limited

Company Information
for the Year Ended 31 March 2019







DIRECTORS: J Kiely
J M C Robinson





REGISTERED OFFICE: c/o R A & D A Thompson
30 High Street
Leighton Buzzard
Bedfordshire
LU7 1EA





REGISTERED NUMBER: 09403200 (England and Wales)





ACCOUNTANTS: R A & D A Thompson
30 High Street
Leighton Buzzard
Bedfordshire
LU7 1EA
Page 1
The Shared Ownership Shop Limited (Registered number: 09403200)

Balance Sheet
31 March 2019

31.3.19 31.3.18
Notes £    £   
CURRENT ASSETS
Debtors 4 52,391 46,794
Cash at bank 139,445 63,722
191,836 110,516
CREDITORS
Amounts falling due within one
year
5
47,775
43,557
NET CURRENT ASSETS 144,061 66,959
TOTAL ASSETS LESS CURRENT
LIABILITIES
144,061
66,959

CAPITAL AND RESERVES
Called up share capital 130 105
Retained earnings 143,931 66,854
SHAREHOLDERS' FUNDS 144,061 66,959

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

The members have not required the company to obtain an audit of its financial statements for the year 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
30 April 2019 and were signed on its behalf by:




J Kiely - Director



J M C Robinson - Director


The notes form part of these financial statements

Page 2
The Shared Ownership Shop Limited (Registered number: 09403200)

Notes to the Financial Statements
for the Year Ended 31 March 2019

1. STATUTORY INFORMATION

The Shared Ownership Shop Limited 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.

Taxation
Taxation for the year 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.

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 year was 7 (2018 - 4 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade debtors 49,264 46,661
Other debtors 3,127 133
52,391 46,794

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade creditors 10,907 26,315
Taxation and social security 36,868 17,242
47,775 43,557

Page 3