Molineux (Didcot) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03397944 (England and Wales)

Molineux (Didcot) Limited

Unaudited Financial Statements for the Year Ended 31 March 2019

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTOR:

P G Rendell

REGISTERED OFFICE:

36 Pony Road

Cowley

Oxford

Oxfordshire

OX4 2RD

REGISTERED NUMBER:

03397944 (England and Wales)

ACCOUNTANTS:

Chapman Robinson and Moore Limited

30 Bankside Court

Stationfields

Kidlington

Oxford

OX5 1JE

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and

the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Molineux (Didcot) Limited for the year ended 31 March 2019 which comprise the Profit and

Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting

records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Molineux (Didcot) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Molineux (Didcot) Limited and state those matters that we have agreed to state to the director of Molineux (Didcot) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Molineux (Didcot) Limited and its director for our work or for this report.

It is your duty to ensure that Molineux (Didcot) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Molineux (Didcot) Limited. You consider that Molineux (Didcot) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Molineux (Didcot) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Chapman Robinson and Moore Limited

30 Bankside Court

Stationfields

Kidlington

Oxford

OX5 1JE

Date: .............................................

FIXED ASSETS

Intangible assets

3

3,305

3,305

CURRENT ASSETS

Stocks

232,950

278,800

Debtors

4

-

2,000

Cash at bank

22,343

-

255,293

280,800

CREDITORS

Amounts falling due within one year

5

(116,561

)

(146,131

)

NET CURRENT ASSETS

138,732

134,669

TOTAL ASSETS LESS CURRENT LIABILITIES

142,037

137,974

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

142,035

137,972

142,037

137,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 23 December 2019 and were signed by:

P G Rendell - Director

1.	STATUTORY INFORMATION

Molineux (Didcot) 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.

Intangible assets

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment

losses.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2018

and 31 March 2019

3,305

NET BOOK VALUE

At 31 March 2019

3,305

At 31 March 2018

3,305

There is currently no amortisation charged on the number plates as the directors consider there was no

decrease in value in the period.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/19

31/3/18

£

£

Other debtors

-

2,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/19

31/3/18

£

£

Bank loans and overdrafts

-

28,019

Taxation and social security

6,188

7,160

Other creditors

110,373

110,952

116,561

146,131

6.	RELATED PARTY DISCLOSURES

During the year the company had the following transactions and outstanding balances with a related party

that is under the common control:

31/3/19

31/3/18

£

£

Sales made during the year

117,828

162,015

Purchases made during the year

-

25,000

Amount due from/(to) related party at the end of the year

(86,925

)

(87,549

)