Yew Tree Hall Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07250390 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

YEW TREE HALL LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

M T Taylor

REGISTERED OFFICE:

Town Dairy Cottage

Church Road

Lympstone

Exmouth

Devon

EX8 5JU

REGISTERED NUMBER:

07250390 (England and Wales)

ACCOUNTANTS:

Sheppard Rockey & Williams Ltd

Sannerville Chase

Exminster

Exeter

Devon

EX6 8AT

FIXED ASSETS

Intangible assets

4

35,000

52,500

Tangible assets

5

3,200

2,134

38,200

54,634

CURRENT ASSETS

Debtors

6

1,917

31,653

Cash at bank

114,111

89,661

116,028

121,314

CREDITORS

Amounts falling due within one year

7

47,414

40,707

NET CURRENT ASSETS

68,614

80,607

TOTAL ASSETS LESS CURRENT LIABILITIES

106,814

135,241

PROVISIONS FOR LIABILITIES

608

405

NET ASSETS

106,206

134,836

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

106,106

134,736

SHAREHOLDERS' FUNDS

106,206

134,836

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

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

The director acknowledges her 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 and authorised for issue on 10 April 2020 and were signed by:

M T Taylor - Director

1.	STATUTORY INFORMATION

Yew Tree Hall 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the invoiced value of goods and services supplied by the company, net of value added tax

and trade discounts.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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 equipment

-

20% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2018 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2019

and 31 December 2019

175,000

AMORTISATION

At 1 January 2019

122,500

Amortisation for year

17,500

At 31 December 2019

140,000

NET BOOK VALUE

At 31 December 2019

35,000

At 31 December 2018

52,500

5.	TANGIBLE FIXED ASSETS

Plant and

equipment

£

COST

At 1 January 2019

6,277

Additions

2,116

At 31 December 2019

8,393

DEPRECIATION

At 1 January 2019

4,143

Charge for year

1,050

At 31 December 2019

5,193

NET BOOK VALUE

At 31 December 2019

3,200

At 31 December 2018

2,134

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade debtors

103

-

Other debtors

1,814

31,653

1,917

31,653

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Taxation and social security

12,966

9,779

Other creditors

34,448

30,928

47,414

40,707

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.19

31.12.18

value:

£

£

100

Ordinary

1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2019 and

31 December 2018:

31.12.19

31.12.18

£

£

M T Taylor

Balance outstanding at start of year

30,759

63,602

Amounts advanced

48,981

31,157

Amounts repaid

(80,535

)

(64,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(795

)

30,759

The advances from the company to the director were subject to interest at the HMRC official rate, unsecured and

repayable on demand. The loan from the director to the company is interest free, unsecured and repayable on

demand.