Accounts filed on 31-12-2018


ACCOUNTS
FOR THE YEAR ENDED 31/12/2018





DIRECTORS
J A Bridger
J V Bridger
P J Bridger
Amanda Wyatt



SECRETARY
J V Bridger


REGISTERED OFFICE
The Boat Shed
City Industrial Estate
Exeter
Devon
EX2 8DD


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06734703



ACCOUNTANTS
R F Love and Company
Chartered Accountant
78 Basepoint Business Centre
Yeoford Way, Marsh Barton
Exeter
Devon
EX2 8LB


ACCOUNTS
FOR THEYEARENDED31/12/2018



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/12/2018

			2018		2017
	Notes		£		£

FIXED ASSETS
Tangible assets	2		14,118		16,642

CURRENT ASSETS
Stock		247,200		250,010
Debtors		-		4,261
Cash at bank and in hand		124,130		109,039
		371,330		363,310
CREDITORS: Amounts falling due within one year	4	250,441		266,686
NET CURRENT ASSETS			120,889		96,624
TOTAL ASSETS LESS CURRENT LIABILITIES			135,007		113,266

CAPITAL AND RESERVES

Called up share capital	6		8		8
Profit and loss account			134,999		113,258
SHAREHOLDERS' FUNDS			135,007		113,266

For the year ending 31/12/2018 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 14/04/2019 and signed on their behalf by



.............................
P J Bridger
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Fixtures and Fittings		reducing balance 15%
Equipment		reducing balance 25%
Motor Cars		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2018	2017
	£	£
UK corporation tax	6,229	5,355
VAT	14,837	7,685
PAYE control	2,395	3,315
Directors current account	89,868	101,088
Credit card	9,657	-
Trade creditors	123,644	147,243
Accruals	3,811	2,000
	250,441	266,686




6. SHARE CAPITAL	2018	2017
	£	£
Allotted, issued and fully paid:
8 Class 1 shares of £1 each	8	8
	8	8

New shares issued during period:
4 Class 1 shares of £1 each	4	4