Accounts filed on 31-03-2020


ACCOUNTS
FOR THE YEAR ENDED 31/03/2020





DIRECTORS
Mr R Udale
Mrs K Udale
Mr D Brookes (resigned 14/02/2019)
Mrs K Udale (aapointed 01/01/2019)



SECRETARY
Mr R Udale


REGISTERED OFFICE
41 King Street
Penrith
Cumbria
CA11 7AY


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04693411



ACCOUNTANTS
Robinson Udale
Chartered Accountants and Tax Advisors
The Old Bank
41 King Street
Penrith
Cumbria
CA11 7AY


ACCOUNTS
FOR THEYEARENDED31/03/2020



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2020

			2020		2019
	Notes		£		£

FIXED ASSETS
Tangible assets	2		-		33,740

CURRENT ASSETS
Stock		-		135,000
Debtors	4	14,573		121,201
Cash at bank and in hand		-		443
		14,573		256,644
CREDITORS: Amounts falling due within one year	5	13,428		283,305
NET CURRENT ASSETS / (LIABILITIES)			1,145		(26,661)
TOTAL ASSETS LESS CURRENT LIABILITIES			1,145		7,079


PROVISIONS FOR LIABILITIES AND CHARGES	7		-		5,522

NET ASSETS			1,145		1,557

CAPITAL AND RESERVES

Called up share capital	8		510		250
Profit and loss account			635		1,307
SHAREHOLDERS' FUNDS			1,145		1,557

For the year ending 31/03/2020 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 14/08/2020 and signed on their behalf by



.............................
Mr R Udale
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.

Fixtures and Fittings		reducing balance 25%
Equipment		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.




4. DEBTORS	2020	2019
	£	£

Amounts falling due within one year:
Trade debtors	-	105,391
Other debtors	14,573	15,810
	14,573	121,201




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
	£	£
Bank loans and overdrafts	-	159,189
Trade creditors	-	2,189
Taxation and social security	13,428	108,914
Other creditors	-	13,013
	13,428	283,305




8. SHARE CAPITAL	2020	2019
	£	£
Allotted, issued and fully paid:
510 Ordinary shares of £1 each	510	250
	510	250

New shares issued during period:
260 Ordinary shares of £1 each	260
	260	-