Laurence Philippe Wines Limited Filleted accounts for Companies House (small and micro)
Laurence Philippe Wines Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
01552679
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
7 |
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--------- |
--------- |
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Net current assets |
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--------- |
--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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Provisions
Taxation including deferred tax |
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--------- |
--------- |
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Net assets |
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--------- |
--------- |
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Capital and reserves
Called up share capital |
9 |
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Profit and loss account |
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--------- |
--------- |
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Shareholders funds |
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--------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
30 August 2019
, and are signed on behalf of the board by:
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Director |
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Company registration number:
01552679
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Notes to the Financial Statements |
Year ended 30th April 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Brewery Fields, Great Baddow, Chelmsford, Essex.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Leasehold property |
- |
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Plant and equipment |
- |
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Motor vehicles |
- |
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Stocks
Finance leases and hire purchase contracts
Provisions
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
10
(2018:
10
).
5.
Tangible assets
Land and buildings |
Plant and machinery |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1st May 2018 and 30th April 2019 |
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------- |
------- |
-------- |
-------- |
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Depreciation |
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At 1st May 2018 |
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Charge for the year |
– |
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------- |
------- |
-------- |
-------- |
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At 30th April 2019 |
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------- |
------- |
-------- |
-------- |
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Carrying amount |
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At 30th April 2019 |
– |
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------- |
------- |
-------- |
-------- |
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At 30th April 2018 |
– |
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------- |
------- |
-------- |
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Finance leases and hire purchase contracts
Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:
Motor vehicles |
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£ |
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At 30th April 2019 |
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At 30th April 2018 |
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6.
Debtors
2019 |
2018 |
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£ |
£ |
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Trade debtors |
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Prepayments and accrued income |
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Director's loan account |
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Other debtors |
– |
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--------- |
--------- |
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7.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Trade creditors |
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Amounts owed to undertakings in which the company has a participating interest |
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– |
Accruals and deferred income |
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Corporation tax |
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– |
Obligations under finance leases and hire purchase contracts |
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Other taxes and social security |
41,629 |
42,510 |
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8.
Creditors:
amounts falling due after more than one year
2019 |
2018 |
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£ |
£ |
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Obligations under finance leases and hire purchase contracts |
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------- |
-------- |
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9.
Called up share capital
Authorised share capital
2019 |
2018 |
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No. |
£ |
No. |
£ |
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10,000 |
10,000.00 |
10,000 |
10,000.00 |
-------- |
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Issued, called up and fully paid
2019 |
2018 |
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No. |
£ |
No. |
£ |
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100.00 |
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100.00 |
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10.
Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2019 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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---- |
---- |
---- |
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2018 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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– |
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---- |
---- |
---- |
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11.
Related party transactions
Increase/ decrease to loan | Balance at 30 April Dr/(Cr) | ||
£ | £ | ||
Other related parties | |||
30 April 2019 | (2,940) | (2,940) | |