Contents of the Financial Statements

for the Period Ended 30 April 2020

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 30 April 2020

The directors present their report with the financial statements of the company for the period ended 30 April 2020

Directors

The directors shown below have held office during the whole of the period from
1 May 2019 to 30 April 2020

JONATHAN PAUL JACKSON
CHRISTOPHER JAMES ADAMS
CHRISTOPHER JOHN YALLOP
CLIVE LESLIE ADAMS

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 January 2021

And signed on behalf of the board by:
Name: JONATHAN PAUL JACKSON
Status: Secretary

Profit And Loss Account

for the Period Ended 30 April 2020

	2020	2019
	£	£
Turnover:	929,110	1,021,423
Cost of sales:	( 650,083 )	( 728,213 )
Gross profit(or loss):	279,027	293,210
Administrative expenses:	( 277,056 )	( 290,085 )
Other operating income:	43,433	18,019
Operating profit(or loss):	45,404	21,144
Interest receivable and similar income:	206	160
Profit(or loss) before tax:	45,610	21,304
Tax:	( 8,530 )	( 4,047 )
Profit(or loss) for the financial year:	37,080	17,257

Balance sheet

As at 30 April 2020

	Notes	2020	2019
		£	£
Fixed assets
Tangible assets:	3	18,548	25,044
Investments:	4	38,603	35,852
Total fixed assets:		57,151	60,896
Current assets
Stocks:	5	175,469	132,742
Debtors:	6	7,393	22,524
Cash at bank and in hand:		68,144	126,533
Total current assets:		251,006	281,799
Creditors: amounts falling due within one year:	7	( 111,503 )	( 169,713 )
Net current assets (liabilities):		139,503	112,086
Total assets less current liabilities:		196,654	172,982
Provision for liabilities:		( 3,182 )	( 4,341 )
Total net assets (liabilities):		193,472	168,641
Capital and reserves
Called up share capital:		2,000	2,000
Other reserves:		36,762	34,011
Profit and loss account:		154,710	132,630
Total Shareholders' funds:		193,472	168,641

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 April 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 April 2020

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Turnover policy

  Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates

  Tangible fixed assets depreciation policy

  Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses

Notes to the Financial Statements

for the Period Ended 30 April 2020

• 2. Employees

  	2020	2019
  Average number of employees during the period	8	8