Allpools And Spas Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04874003 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2019

for

Allpools And Spas Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J Emmerson

REGISTERED OFFICE:

Dobbies Garden Centre

Mendip Avenue

Shepton Mallet

Somerset

BA4 4PE

REGISTERED NUMBER:

04874003 (England and Wales)

ACCOUNTANTS:

Probusiness Ltd

St Lawrence Lodge

37 Chamberlain Street

Wells

Somerset

BA5 2PQ

FIXED ASSETS

Intangible assets

4

11,749

14,749

Tangible assets

5

188,840

205,312

200,589

220,061

CURRENT ASSETS

Stocks

77,590

87,859

Debtors

6

14,098

3,403

Cash at bank and in hand

33,513

10,096

125,201

101,358

CREDITORS

Amounts falling due within one year

7

(313,108

)

(342,554

)

NET CURRENT LIABILITIES

(187,907

)

(241,196

)

TOTAL ASSETS LESS CURRENT LIABILITIES

12,682

(21,135

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

12,582

(21,235

)

SHAREHOLDERS' FUNDS

12,682

(21,135

)

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 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 and authorised for issue on 27 May 2020 and were signed by:

A J Emmerson - Director

1.	STATUTORY INFORMATION

Allpools And Spas 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.

Goodwill

Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.

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 machinery etc

-

25% on reducing balance and 5% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling

costs in bringing stocks to their present location and condition.

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.

Going concern

The accounts have been prepared on the "going concern" basis and the Company is supported by a

Directors loan account (Included in other creditors) which amounts to £272,447 ( 2018 - £279,447) at

the year end.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2018 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2019

and 31 December 2019

59,999

AMORTISATION

At 1 January 2019

45,250

Charge for year

3,000

At 31 December 2019

48,250

NET BOOK VALUE

At 31 December 2019

11,749

At 31 December 2018

14,749

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2019

and 31 December 2019

278,094

DEPRECIATION

At 1 January 2019

72,782

Charge for year

16,472

At 31 December 2019

89,254

NET BOOK VALUE

At 31 December 2019

188,840

At 31 December 2018

205,312

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Other debtors

14,098

3,403

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade creditors

36,130

37,503

Taxation and social security

4,163

6,666

Other creditors

272,815

298,385

313,108

342,554

8.	ULTIMATE CONTROLLING PARTY