All Boxed Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08977024 (England and Wales)

Financial Statements

for the Year Ended 31 December 2018

for

All Boxed Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Spencer

I L Powell

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

08977024 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

186,332

179,090

CURRENT ASSETS

Stocks

7,400

11,380

Debtors

5

65,836

65,568

Cash at bank and in hand

22,188

4,315

95,424

81,263

CREDITORS

Amounts falling due within one year

6

171,782

199,097

NET CURRENT LIABILITIES

(76,358

)

(117,834

)

TOTAL ASSETS LESS CURRENT LIABILITIES

109,974

61,256

CREDITORS

Amounts falling due after more than one year

7

(78,707

)

(19,413

)

PROVISIONS FOR LIABILITIES

(9,772

)

(8,925

)

NET ASSETS

21,495

32,918

CAPITAL AND RESERVES

Called up share capital

8

20

20

Retained earnings

21,475

32,898

SHAREHOLDERS' FUNDS

21,495

32,918

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 11 June 2019 and were signed on its behalf by:

D J Spencer - Director

1.	STATUTORY INFORMATION

All Boxed 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance, 25% on cost and 5% on cost

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect

of work in progress and finished goods, cost includes a relevant proportion of overheads according to

the stage of manufacture or completion.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

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 4 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2018

203,996

Additions

29,872

At 31 December 2018

233,868

DEPRECIATION

At 1 January 2018

24,906

Charge for year

22,630

At 31 December 2018

47,536

NET BOOK VALUE

At 31 December 2018

186,332

At 31 December 2017

179,090

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases

are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2018

32,100

Additions

29,000

At 31 December 2018

61,100

DEPRECIATION

At 1 January 2018

8,025

Charge for year

13,269

At 31 December 2018

21,294

NET BOOK VALUE

At 31 December 2018

39,806

At 31 December 2017

24,075

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade debtors

19,948

63,864

Other debtors

45,888

1,704

65,836

65,568

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade creditors

6,082

1,787

Other creditors

165,700

197,310

171,782

199,097

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.18

31.12.17

£

£

Other creditors

78,707

19,413

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.18

31.12.17

value:

£

£

20

Ordinary

£1

20

20

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Elm Office Holdings Limited.

The registered office address of Elm Office Holdings Limited is The Old Post Office, 41-43 Market

Place, Chippenham, Wiltshire SN15 3HR.