Accounts filed on 30-06-2021


ACCOUNTS
FOR THE YEAR ENDED 30/06/2021





DIRECTORS
CFG Chamberlain
GBE Chamberlain
RJ Chamberlain


REGISTERED OFFICE
6 Brunswick Street
Carlisle
CA1 1PN
CA1 1PN


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11215298



ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN


ACCOUNTS
FOR THEYEARENDED30/06/2021



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/06/2021

			2021		2020
	Notes		£		£

FIXED ASSETS
Tangible assets	2		44,648		74,035

CURRENT ASSETS
Stock		222,729		365,305
Debtors	4	618,514		847,430
Cash at bank and in hand		654,271		183,236
		1,495,514		1,395,971
CREDITORS: Amounts falling due within one year	5	652,133		1,008,287
NET CURRENT ASSETS			843,381		387,684
TOTAL ASSETS LESS CURRENT LIABILITIES			888,029		461,719


CREDITORS: Amounts falling due after more than one year	6		408,333		-

NET ASSETS			479,696		461,719

CAPITAL AND RESERVES

Called up share capital	8		30		30
Profit and loss account			479,666		461,689
SHAREHOLDERS' FUNDS			479,696		461,719

For the year ending 30/06/2021 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 30/03/2022 and signed on their behalf by



.............................
CFG Chamberlain
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Computer Equipment		reducing balance 25%
Motor Vehicles		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




4. DEBTORS	2021	2020
	£	£
Amounts falling due within one year
Trade debtors	618,484	807,716
Other debtors	30	39,714
	618,514	847,430




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	£	£
UK corporation tax	13,174	61,072
VAT	30,333	73,466
PAYE control	7,948	12,855
Loan - Lyon Leisure	340,000	340,000
Loans	91,667	-
Trade creditors	163,917	514,834
Other creditors	1,294	2,260
Accruals	3,800	3,800
	652,133	1,008,287




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2021	2020
	£	£
Loans >1yr	408,333	-
	408,333	-




8. SHARE CAPITAL	2021	2020
	£	£
Allotted, issued and fully paid:
30 Ordinary shares of £1 each	30	30
	30	30

9. RELATED PARTY TRANSACTIONS

At 30 June 2021 the company owed £340,000 to Lyon Leisure, this company is under the control of the directors of Grant Plant Hire Limited. (2020 - £340,000)