The New Crown (Merthyr Tydfil) Limited

The New Crown (Merthyr Tydfil) Limited

THE NEW CROWN (MERTHYR TYDFIL) LIMITED - Company Information

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1 March 2019 false No description of principal activity Taxfiler 2020.16 09992446business:PrivateLimitedCompanyLtd2019-03-012020-02-29 099924462019-02-28 099924462019-03-012020-02-29 09992446business:AuditExempt-NoAccountantsReport2019-03-012020-02-29 09992446business:FullAccounts2019-03-012020-02-29 099924462020-02-29 09992446business:Director12019-03-012020-02-29 09992446business:Director22019-03-012020-02-29 09992446business:RegisteredOffice2019-03-012020-02-29 099924462019-02-28 09992446core:WithinOneYear2020-02-29 09992446core:WithinOneYear2019-02-28 09992446core:ShareCapital2020-02-29 09992446core:ShareCapital2019-02-28 09992446core:RetainedEarningsAccumulatedLosses2020-02-29 09992446core:RetainedEarningsAccumulatedLosses2019-02-28 09992446business:SmallEntities2019-03-012020-02-29 09992446countries:EnglandWales2019-03-012020-02-29 09992446core:FurnitureFittings2019-02-28 09992446core:ComputerEquipment2019-02-28 09992446core:FurnitureFittings2019-03-012020-02-29 09992446core:ComputerEquipment2019-03-012020-02-29 09992446core:FurnitureFittings2020-02-29 09992446core:ComputerEquipment2020-02-29 099924462018-03-012019-02-28 iso4217:GBP xbrli:pure
Company Registration No. 09992446 (England and Wales)
The New Crown (Merthyr Tydfil) Limited Unaudited accounts for the year ended 29 February 2020
The New Crown (Merthyr Tydfil) Limited Unaudited accounts Contents
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The New Crown (Merthyr Tydfil) Limited Company Information for the year ended 29 February 2020
Directors
Jorge D'Ascencao Fatima D'Ascencao
Company Number
09992446 (England and Wales)
Registered Office
High Street Merthyr Tydfil CF47 8DP
Accountants
My-Hub Ltd First Floor The Taffs Well Inn, Cardiff Road Taffs Well CF15 7PR
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The New Crown (Merthyr Tydfil) Limited Statement of financial position as at 29 February 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
74,344 
12,366 
Current assets
Inventories
9,762 
4,154 
Debtors
5
7,751 
6,433 
Cash at bank and in hand
3,406 
85,379 
20,919 
95,966 
Creditors: amounts falling due within one year
6
(231,002)
(231,866)
Net current liabilities
(210,083)
(135,900)
Net liabilities
(135,739)
(123,534)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(135,740)
(123,535)
Shareholders' funds
(135,739)
(123,534)
For the year ending 29 February 2020 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 February 2020 and were signed on its behalf by
Jorge D'Ascencao Director Company Registration No. 09992446
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The New Crown (Merthyr Tydfil) Limited Notes to the Accounts for the year ended 29 February 2020
1
Statutory information
The New Crown (Merthyr Tydfil) Limited is a private company, limited by shares, registered in England and Wales, registration number 09992446. The registered office is High Street Merthyr Tydfil CF47 8DP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2019
13,127 
1,186 
14,313 
Additions
52,810 
- 
52,810 
At 29 February 2020
65,937 
1,186 
67,123 
Depreciation
At 1 March 2019
1,848 
99 
1,947 
Charge for the year
(9,168)
- 
(9,168)
At 29 February 2020
(7,320)
99 
(7,221)
Net book value
At 29 February 2020
73,257 
1,087 
74,344 
At 28 February 2019
11,279 
1,087 
12,366 
5
Debtors
2020 
2019 
£ 
£ 
Trade debtors
(14)
- 
Accrued income and prepayments
7,765 
6,433 
7,751 
6,433 
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The New Crown (Merthyr Tydfil) Limited Notes to the Accounts for the year ended 29 February 2020
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
93,086 
132,661 
Other creditors
144,051 
102,704 
Loans from directors
(6,135)
(3,499)
231,002 
231,866 
7
Average number of employees
During the year the average number of employees was 0 (2019: 0).
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