THOMPSON LEISURE LIMITED

THOMPSON LEISURE LIMITED

THOMPSON LEISURE LIMITED - Company Information

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THOMPSON LEISURE LIMITED

Company Registration Number:
NI609785 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

THOMPSON LEISURE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2018

Balance sheet
Notes

THOMPSON LEISURE LIMITED

Balance sheet

As at 31 December 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 3 4 4
Tangible assets: 4 59,758 21,927
Total fixed assets: 59,762 21,931
Current assets
Stocks: 3,424,868 2,897,687
Debtors:   434,283 567,364
Cash at bank and in hand: 146,196 77,871
Total current assets: 4,005,347 3,542,922
Creditors: amounts falling due within one year:   (3,154,072) (2,701,185)
Net current assets (liabilities): 851,275 841,737
Total assets less current liabilities: 911,037 863,668
Creditors: amounts falling due after more than one year:   (368,029) (413,157)
Total net assets (liabilities): 543,008 450,511
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 543,005 450,508
Shareholders funds: 543,008 450,511

The notes form part of these financial statements

THOMPSON LEISURE LIMITED

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2019
and signed on behalf of the board by:

Name: N Thompson
Status: Director

The notes form part of these financial statements

THOMPSON LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets and depreciation policy

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows: - Fixtures, fittings and equipment -25% straight line. Motor vehicles - 25% straight line.

THOMPSON LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Employees

2018 2017
Average number of employees during the period 10 9

THOMPSON LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Intangible Assets

Total
Cost £
At 01 January 2018 4
At 31 December 2018 4
Net book value
At 31 December 2018 4
At 31 December 2017 4

THOMPSON LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

4. Tangible Assets

Total
Cost £
At 01 January 2018 48,116
Additions 51,769
At 31 December 2018 99,885
Depreciation
At 01 January 2018 26,189
Charge for year 13,938
At 31 December 2018 40,127
Net book value
At 31 December 2018 59,758
At 31 December 2017 21,927