Company Registration No. 10517274 (England and Wales)
Four Hops Shop Limited
Unaudited accounts
for the year ended 31 March 2019
Four Hops Shop Limited
Company Information
for the year ended 31 March 2019
Directors
Anna Barfoot
Martin Barfoot
Company Number
10517274 (England and Wales)
Registered Office
12 Greenacres
Lower Kingswood
Tadworth
Surrey
KT20 7EL
England
Accountants
Clark's Accountancy
119 Albury Road
Merstham
Surrey
RH1 3LW
Four Hops Shop Limited
Statement of financial position
as at 31 March 2019
Tangible assets
16,022
18,627
Cash at bank and in hand
3,965
13,335
Creditors: amounts falling due within one year
(27,038)
(28,749)
Net current liabilities
(5,406)
(5,842)
Total assets less current liabilities
10,616
12,785
Creditors: amounts falling due after more than one year
(12,954)
(17,440)
Net liabilities
(2,338)
(4,655)
Called up share capital
100
100
Profit and loss account
(2,438)
(4,755)
Shareholders' funds
(2,338)
(4,655)
For the year ending 31 March 2019 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 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 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 19 June 2019.
Martin Barfoot
Director
Company Registration No. 10517274
Four Hops Shop Limited
Notes to the Accounts
for the year ended 31 March 2019
Four Hops Shop Limited is a private company, limited by shares, registered in England and Wales, registration number 10517274. The registered office is 12 Greenacres, Lower Kingswood, Tadworth, Surrey, KT20 7EL, England.
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 of goods sold to customers, exclusive of VAT.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line basis over 10 years
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Four Hops Shop Limited
Notes to the Accounts
for the year ended 31 March 2019
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2018
14,780
7,100
-
21,880
At 31 March 2019
14,780
7,100
273
22,153
At 1 April 2018
1,478
1,775
-
3,253
Charge for the year
1,478
1,331
69
2,878
At 31 March 2019
2,956
3,106
69
6,131
At 31 March 2019
11,824
3,994
204
16,022
At 31 March 2018
13,302
5,325
-
18,627
Finished goods
2,072
3,447
Accrued income and prepayments
12,250
6,125
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
4,854
4,602
Trade creditors
6,762
5,757
Taxes and social security
4,975
4,435
Other creditors
3,816
13,955
Loans from directors
6,631
-
8
Creditors: amounts falling due after more than one year
2019
2018
9
Average number of employees
During the year the average number of employees was 4 (2018: 4).
