Accounts Submission

PALM BAY GUITARS LTD - Company Information

Company Accounts and Tax Online 11627370 Board of Directors 1.11.19 31.10.20 31.10.20 false iso4217:GBP xbrli:pure 11627370 2018-10-17 2019-10-31 11627370 2020-10-31 11627370 2019-11-01 2020-10-31 11627370 2019-10-31 11627370 countries:EnglandWales 2019-11-01 2020-10-31 11627370 curr:PoundSterling 2019-11-01 2020-10-31 11627370 uk-bus:PrivateLimitedCompanyLtd 2019-11-01 2020-10-31 11627370 uk-bus:Micro-entities 2019-11-01 2020-10-31 11627370 uk-bus:AuditExempt-NoAccountantsReport 2019-11-01 2020-10-31 11627370 uk-bus:FullAccounts 2019-11-01 2020-10-31 11627370 uk-bus:RegisteredOffice 2019-11-01 2020-10-31 11627370 uk-bus:Director1 2019-11-01 2020-10-31 11627370 uk-bus:Director1 2019-11-01 11627370 uk-bus:Director1 2020-10-31 11627370 core:AfterOneYear 2020-10-31 11627370 core:AfterOneYear 2019-10-31 11627370 core:WithinOneYear 2020-10-31 11627370 core:WithinOneYear 2019-10-31 11627370 core:WithinOneYear 2019-11-01 2020-10-31 11627370 core:AfterOneYear 2020-10-31 11627370 core:AfterOneYear 2019-10-31 11627370 core:AfterOneYear 2019-11-01 2020-10-31 11627370 core:ShareCapital 2020-10-31 11627370 core:ShareCapital 2019-10-31 11627370 core:RevaluationReserve 2020-10-31 11627370 core:RevaluationReserve 2019-10-31 11627370 core:RetainedEarningsAccumulatedLosses 2020-10-31 11627370 core:RetainedEarningsAccumulatedLosses 2019-10-31 11627370 1 2019-11-01 2020-10-31

Company Registration Number:
11627370 (England and Wales)

Unaudited micro entity accounts for the year ended 31 October 2020

Period of accounts

Start date: 01 November 2019

End date: 31 October 2020

Contents of the Financial Statements

for the Period Ended 31 October 2020


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

Directors' Report Period Ended 31 October 2020

The directors present their report with the financial statements of the company for the period ended 31 October 2020

Principal Activities

The company trades as manufacturer and wholesaler of musical instruments.

Directors

The directors shown below have held office during the whole of the period from 01 November 2019 to 31 October 2020
Timothy Hywel Spurr

This report was approved by the board of directors on 30 July 2021
And Signed On Behalf Of The Board By:

Name: Timothy Hywel Spurr
Status: Director

Profit and Loss Account

for the Period Ended 31 October 2020

	2020 £	2019 £
Turnover	2,799	3,826
Income from coronavirus (COVID-19) business support grants	0	0
Other Income	0	0
Cost of Materials	( 1,956 )	( 2,101 )
Staff Costs	( 0 )	( 0 )
Depreciation and Writeoffs	( 283 )	( 78 )
Other charges	( 1,820 )	( 1,624 )
Tax on Profit	( 0 )	( 0 )
Profit or (Loss) for Period	( 1,260 )	23

Balance sheet

As at 31 October 2020

	2020 £	2019 £
Called up share capital not paid:	0	0
Fixed Assets:	9,303	7,558
Current assets:	8,189	8,733
Prepayments and accrued income:	139	396
Creditors: amounts falling due within one year:	( 103 )
Net current assets (liabilities):	8,225	9,129
Total assets less current liabilities:	17,528	16,687
Creditors: amounts falling due after more than one year:	( 18,764 )	( 16,663 )
Total net assets (liabilities):	( 1,236 )	24
Capital and reserves:	( 1,236 )	24

Balance sheet continued

For the year ending 31 October 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 30 July 2021
And Signed On Behalf Of The Board By:

Name: Timothy Hywel Spurr
Status: Director

The notes form part of these financial statements

Footnotes to the Financial Statements

for the Period Ended 31 October 2020

1. Employee Information

Average number of employees: 1

Footnotes to the Financial Statements

for the Period Ended 31 October 2020

2. Off balance sheet disclosure

No

Director:		Timothy Hywel Spurr


Registered office:		10 Hornbeam Road Waltham Chase Southampton Hampshire England SO32 2GY


Company Registration Number:		11627370 (England and Wales)

Accounts Submission