Tavern Auto Ltd - Dormant accounts - members and to registrar (filleted) 21.1

REGISTERED NUMBER: 09523092 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2021

for

Tavern Auto Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S E H Nutley

REGISTERED OFFICE:

2 The Bower

Langford Hall

Witham Road

Maldon

Essex

CM9 4ST

REGISTERED NUMBER:

09523092 (England and Wales)

ACCOUNTANTS:

Fisher Michael

The Old Grange

Warren Estate

Lordship Road

Writtle

Essex

CM1 3WT

FIXED ASSETS

Tangible assets

4

335

335

CURRENT ASSETS

Stocks

5

10,000

10,000

Debtors

6

13,255

13,255

Cash in hand

50

50

23,305

23,305

CREDITORS

Amounts falling due within one year

7

72,580

72,580

NET CURRENT LIABILITIES

(49,275

)

(49,275

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(48,940

)

(48,940

)

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

(48,990

)

(48,990

)

(48,940

)

(48,940

)

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

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

The director acknowledges his 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 director and authorised for issue on 20 April 2022 and were signed by:

S E H Nutley - Director

1.	STATUTORY INFORMATION

Tavern Auto Ltd 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.

The company is not part of a group.

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.

The company was dormant throughout the year ended 30 April 2021. However, reference to information relating to the year ended 30 April 2020 has been made where appropriate.

Tangible fixed assets

Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at the following annual rates, in order to write off each asset over its estimated useful life:

- Fixtures & Fittings - 15% on cost

Stocks

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

Significant judgements and estimates

No significant judgements or estimations have been applied in the preparation of the financial statements.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

Going concern

The accounts have been prepared on the going concern basis which assumes the continued support of the directors and shareholders. The directors have confirmed that this support will continue and believe that no adjustments relating to the company's ability to continue as a going concern need to be made to these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 May 2020

and 30 April 2021

3,472

DEPRECIATION

At 1 May 2020

and 30 April 2021

3,137

NET BOOK VALUE

At 30 April 2021

335

At 30 April 2020

335

5.

STOCKS

2021

2020

£

£

Stocks

10,000

10,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts owed by related parties

2,724

2,724

Other debtors

10,531

10,531

13,255

13,255

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

12

12

Trade creditors

18,829

18,830

Amounts owed to related parties

5,770

5,770

Other creditors

47,969

47,968

72,580

72,580

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2021 and 30 April 2020:

2021

2020

£

£

S E H Nutley

Balance outstanding at start of year

3,383

3,783

Amounts repaid

-

(400

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

3,383