Newton Cross Country and Training Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08307635 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2019

for

Newton Cross Country and Training Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S L C Buntine

SECRETARY:

Mrs A G Buntine

REGISTERED OFFICE:

5 Manor Cottages

Shelford Manor Farm

Shelford

Nottinghamshire

NG12 1ES

REGISTERED NUMBER:

08307635 (England and Wales)

ACCOUNTANTS:

Bostockwhite Limited

Cabourn House

Station Street

Bingham

Nottinghamshire

NG13 8AQ

FIXED ASSETS

Tangible assets

4

-

3,240

CURRENT ASSETS

Debtors

5

239

420

Cash at bank and in hand

2,739

2,652

2,978

3,072

CREDITORS

Amounts falling due within one year

6

899

1,061

NET CURRENT ASSETS

2,079

2,011

TOTAL ASSETS LESS CURRENT LIABILITIES

2,079

5,251

PROVISIONS FOR LIABILITIES

-

600

NET ASSETS

2,079

4,651

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,979

4,551

2,079

4,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 26 March 2020 and were signed by:

S L C Buntine - Director

1.	STATUTORY INFORMATION

Newton Cross Country and Training Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

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

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been

enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2018

6,508

Disposals

(6,508

)

At 30 November 2019

-

DEPRECIATION

At 1 December 2018

3,268

Charge for year

648

Eliminated on disposal

(3,916

)

At 30 November 2019

-

NET BOOK VALUE

At 30 November 2019

-

At 30 November 2018

3,240

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.19

30.11.18

£

£

Trade debtors

-

51

Other debtors

239

369

239

420

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.19

30.11.18

£

£

Trade creditors

-

161

Other creditors

899

900

899

1,061