Longtown Pellets Limited - Dormant accounts - members and to registrar (filleted) 21.1

REGISTERED NUMBER: 10986527 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2021

FOR

LONGTOWN PELLETS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Brown

N F Wastling

REGISTERED OFFICE:

27c Silver Street

Buckden

St Neots

Cambridgeshire

PE19 5TS

REGISTERED NUMBER:

10986527 (England and Wales)

ACCOUNTANTS:

Fortus East Limited

4 Office Village

Forder Way

Cygnet Park, Hampton

Peterborough

Cambridgeshire

PE7 8GX

CURRENT ASSETS

Stocks

32,250

Debtors

4

27,380

Cash at bank

7

59,637

CREDITORS

Amounts falling due within one year

5

83,398

NET CURRENT LIABILITIES

(23,761

)

(23,761

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(23,761

)

(23,761

)

CAPITAL AND RESERVES

Called up share capital

6

2

Retained earnings

7

(23,763

)

(23,763

)

SHAREHOLDERS' FUNDS

(23,761

)

(23,761

)

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2022 and were signed on its behalf by:

N F Wastling - Director

1.	STATUTORY INFORMATION

Longtown Pellets Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

Amounts owed by associates

15,878

Other debtors

11,500

Called up share capital not paid

2

27,380

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

Trade creditors

57,765

Amounts owed to associates

21,633

Other creditors

3,500

Accruals and deferred income

500

83,398

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2021

2020

value:

£

2

Ordinary share capital

£1

2

7.

RESERVES

Retained

earnings

£

At 1 July 2020

(23,763

)

Profit for the year

-

At 30 June 2021

(23,763

)

8.	ULTIMATE CONTROLLING PARTY

The controlling parties are Mr R Brown and The Global Investment Corporation Limited by virtue of their joint ownership of the issued ordinary share capital.