Old Northwick Stables Limited - Accounts to registrar (filleted) - small 18.2

Old Northwick Stables Limited - Accounts to registrar (filleted) - small 18.2

OLD NORTHWICK STABLES LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v19.1.0.735 06996452 Board of Directors 1.9.17 31.8.18 31.8.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure069964522017-08-31069964522018-08-31069964522017-09-012018-08-31069964522016-08-31069964522016-09-012017-08-31069964522017-08-3106996452ns15:EnglandWales2017-09-012018-08-3106996452ns14:PoundSterling2017-09-012018-08-3106996452ns10:Director12017-09-012018-08-3106996452ns10:PrivateLimitedCompanyLtd2017-09-012018-08-3106996452ns10:SmallEntities2017-09-012018-08-3106996452ns10:AuditExemptWithAccountantsReport2017-09-012018-08-3106996452ns10:SmallCompaniesRegimeForAccounts2017-09-012018-08-3106996452ns10:FullAccounts2017-09-012018-08-3106996452ns10:Director22017-09-012018-08-3106996452ns10:RegisteredOffice2017-09-012018-08-3106996452ns5:CurrentFinancialInstruments2018-08-3106996452ns5:CurrentFinancialInstruments2017-08-3106996452ns5:ShareCapital2018-08-3106996452ns5:ShareCapital2017-08-3106996452ns5:RetainedEarningsAccumulatedLosses2018-08-3106996452ns5:RetainedEarningsAccumulatedLosses2017-08-3106996452ns5:FurnitureFittings2017-09-012018-08-3106996452ns5:ComputerEquipment2017-09-012018-08-3106996452ns5:PlantMachinery2017-08-3106996452ns5:FurnitureFittings2017-08-3106996452ns5:ComputerEquipment2017-08-3106996452ns5:PlantMachinery2017-09-012018-08-3106996452ns5:PlantMachinery2018-08-3106996452ns5:FurnitureFittings2018-08-3106996452ns5:ComputerEquipment2018-08-3106996452ns5:PlantMachinery2017-08-3106996452ns5:FurnitureFittings2017-08-3106996452ns5:ComputerEquipment2017-08-31


REGISTERED NUMBER: 06996452 (England and Wales)















OLD NORTHWICK STABLES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2018





Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU








OLD NORTHWICK STABLES LIMITED (REGISTERED NUMBER: 06996452)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2018










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


OLD NORTHWICK STABLES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2018







DIRECTORS: Mrs. S.R. Miller
Mrs. A. Done





REGISTERED OFFICE: 15-17 Church Street
Stourbridge
West Midlands
DY8 1LU





BUSINESS ADDRESS: 2 Constance Road
Northwick
Worcester
Worcestershire
WR3 7NF





REGISTERED NUMBER: 06996452 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
OLD NORTHWICK STABLES LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary
statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Old Northwick Stables Limited for the year ended 31 August 2018 which comprise the Income
Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's
accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Old Northwick Stables Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Old Northwick Stables Limited and state those matters that we have agreed to state to the Board of Directors of Old Northwick Stables Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Old Northwick Stables Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Old Northwick Stables Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Old Northwick Stables Limited. You consider that Old Northwick Stables Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Old Northwick Stables Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


31 May 2019

This page does not form part of the statutory financial statements

Page 2
OLD NORTHWICK STABLES LIMITED (REGISTERED NUMBER: 06996452)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,674 10,749

CURRENT ASSETS
Stocks 2,900 4,450
Cash at bank and in hand 3,836 1,369
6,736 5,819
CREDITORS
Amounts falling due within one year 5 5,763 8,875
NET CURRENT ASSETS/(LIABILITIES) 973 (3,056 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
10,647
7,693

PROVISIONS FOR LIABILITIES 1,000 1,033
NET ASSETS 9,647 6,660

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 9,644 6,657
SHAREHOLDERS' FUNDS 9,647 6,660

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 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 31 May 2019 and were signed on its behalf by:



Mrs. S.R. Miller - Director


The notes form part of these financial statements

Page 3
OLD NORTHWICK STABLES LIMITED (REGISTERED NUMBER: 06996452)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2018


1. STATUTORY INFORMATION

Old Northwick Stables 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 represents net sales of goods/services, excluding value added tax

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance
Computer equipment - 33% on cost

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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

Page 4 continued...
OLD NORTHWICK STABLES LIMITED (REGISTERED NUMBER: 06996452)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2018


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2017
and 31 August 2018 7,400 5,500 525 13,425
DEPRECIATION
At 1 September 2017 1,106 1,045 525 2,676
Charge for year 629 446 - 1,075
At 31 August 2018 1,735 1,491 525 3,751
NET BOOK VALUE
At 31 August 2018 5,665 4,009 - 9,674
At 31 August 2017 6,294 4,455 - 10,749

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other creditors 5,763 8,875

6. STATUTORY INFORMATION

Old Northwick Stables Limited is a private limited 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.

7. ULTIMATE CONTROLLING PARTY

The company is controlled by the Board of Directors by virtue of their shareholdings.

Page 5