Accounts filed on 31-03-2019


ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2019





DIRECTORS
Timothy ARMSTRONG
Shelley Jane ROBERTS



SECRETARY
David WARREN


REGISTERED OFFICE
Seven Oaks, Clewers Hill
Waltham Chase
Southampton
Hampshire
SO32 2LN


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05642778



ACCOUNTANTS
D J Warren & Co
Accountant
Seven Oaks
Clewers Hill
Waltham Chase
Southampton
SO32 2LN


BALANCE SHEET AT 31 March 2019

			2019		2018
	Notes		£		£

FIXED ASSETS
Intangible assets	2		1		1
Tangible assets	3		437,361		191,758

			437,362		191,759

CURRENT ASSETS
Stock		199,828		160,612
Debtors	5	504,517		253,928
Cash at bank and in hand		-		12,038
		704,345		426,578
CREDITORS: Amounts falling due within one year	6	236,601		230,634
NET CURRENT ASSETS			467,744		195,944
TOTAL ASSETS LESS CURRENT LIABILITIES			905,106		387,703


CREDITORS: Amounts falling due after more than one year	7		333,528		44,888


PROVISIONS FOR LIABILITIES AND CHARGES	9		83,099		-

NET ASSETS			488,479		342,815

CAPITAL AND RESERVES

Called up share capital	10		100		100
Capital redemption reserve	11		100		100
Profit and loss account			488,279		342,615
SHAREHOLDERS' FUNDS			488,479		342,815

For the year ending 31 March 2019 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 20 November 2019 and signed on their behalf by



.............................
Timothy ARMSTRONG
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 - 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%
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.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




5. DEBTORS	2019	2018
	£	£
Amounts falling due within one year
Trade debtors	475,881	241,342
VAT	14,893	793
Other debtors	5,700	3,750
Prepayments	8,043	8,043
	504,517	253,928




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2019	2018
	£	£
UK corporation tax	10,223	14,852
PAYE control	8,360	7,158
Directors current account	22,477	63,977
Bank loans and overdrafts	6,453	-
Finance leases	49,760	38,475
Trade creditors	137,468	104,242
Accruals	1,860	1,930
	236,601	230,634




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2019	2018
	£	£
Finance Leases	333,528	44,888
	333,528	44,888




10. SHARE CAPITAL	2019	2018
	£	£
Allotted, issued and fully paid:
50 Class A shares of £1 each	50	50
50 Class B shares of £1 each	50	50
	100	100