Salcombe Finest Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07651551 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2021

for

Salcombe Finest Limited

Page

Balance Sheet

1

FIXED ASSETS

1,935

1,747

CURRENT ASSETS

648,632

356,556

CREDITORS

Amounts falling due within one year

(542,229

)

(328,469

)

NET CURRENT ASSETS

106,403

28,087

TOTAL ASSETS LESS CURRENT LIABILITIES

108,338

29,834

CREDITORS

Amounts falling due after more than one year

43,689

-

NET ASSETS

64,649

29,834

CAPITAL AND RESERVES

64,649

29,834

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Salcombe Finest Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07651551

Registered office:

35 Station Approach

West Byfleet

Surrey

KT14 6NF

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2020 - 2 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2021 and 31 March 2020:

31.3.21

31.3.20

£

£

Ms B K Allen

Balance outstanding at start of year

1,999

16,900

Amounts advanced

-

1,999

Amounts repaid

(1,999

)

(16,900

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

1,999

The loan to the director was unsecured, repayable on demand and interest was charged at the HMRC official rate for beneficial loans.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 11 November 2021 and were signed by:

Ms B K Allen - Director