The Pony and Trap (Chew Magna) Limited - Limited company - abbreviated - 11.9
The Pony and Trap (Chew Magna) Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 May 2015 |
| for |
| THE PONY AND TRAP (CHEW MAGNA) LIMITED |
| THE PONY AND TRAP (CHEW MAGNA) LIMITED (REGISTERED NUMBER: 07686748) |
| Contents of the Abbreviated Accounts |
| for the year ended 31 May 2015 |
| Page |
| Company Information | 1 |
| Chartered Accountants' Report | 2 |
| Abbreviated Balance Sheet | 3 |
| Notes to the Abbreviated Accounts | 5 |
| THE PONY AND TRAP (CHEW MAGNA) LIMITED |
| Company Information |
| for the year ended 31 May 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| The Pony and Trap (Chew Magna) Limited |
| The following reproduces the text of the report prepared for the directors in respect of the |
| company's annual unaudited financial statements, from which the unaudited abbreviated |
| accounts (set out on pages three to eight) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for |
| your approval the financial statements of The Pony and Trap (Chew Magna) Limited for the year |
| ended 31 May 2015 which comprise the Profit and Loss Account, the Balance Sheet, the Cash |
| Flow Statement, the Statement of Total Recognised Gains and Losses and the related notes from |
| the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of The Pony and Trap (Chew Magna) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Pony and Trap (Chew Magna) Limited and state those matters that we have agreed to state to the Board of Directors of The Pony and Trap (Chew Magna) Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that The Pony and Trap (Chew Magna) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Pony and Trap (Chew Magna) Limited. You consider that The Pony and Trap (Chew Magna) Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of The |
| Pony and Trap (Chew Magna) Limited. For this reason, we have not verified the accuracy or |
| completeness of the accounting records or information and explanations you have given to us and |
| we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants |
| 23 February 2016 |
| THE PONY AND TRAP (CHEW MAGNA) LIMITED (REGISTERED NUMBER: 07686748) |
| Abbreviated Balance Sheet |
| 31 May 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 PONY AND TRAP (CHEW MAGNA) LIMITED (REGISTERED NUMBER: 07686748) |
| Abbreviated Balance Sheet - continued |
| 31 May 2015 |
| The financial statements were approved by the Board of Directors on signed on its behalf by: |
| C J Eggleton - Director | G Eggleton - Director |
| J Eggleton - Director |
| THE PONY AND TRAP (CHEW MAGNA) LIMITED (REGISTERED NUMBER: 07686748) |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in |
| accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net sales of goods and services, excluding value added tax. Turnover |
| is recognised when the goods are sold or the service is rendered. |
| Goodwill |
| Goodwill has been fully amortised evenly over its estimated useful life of three years. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance |
| for obsolete and slow moving items. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the |
| balance sheet. Those held under hire purchase contracts are depreciated over their |
| estimated useful lives. Those held under finance leases are depreciated over their |
| estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the |
| relevant period. The capital element of the future payments is treated as a liability. |
| THE PONY AND TRAP (CHEW MAGNA) LIMITED (REGISTERED NUMBER: 07686748) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 May 2015 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 June 2014 |
| and 31 May 2015 |
| AMORTISATION |
| At 1 June 2014 |
| Amortisation for year |
| At 31 May 2015 |
| NET BOOK VALUE |
| At 31 May 2015 |
| At 31 May 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 June 2014 |
| Additions |
| At 31 May 2015 |
| DEPRECIATION |
| At 1 June 2014 |
| Charge for year |
| At 31 May 2015 |
| NET BOOK VALUE |
| At 31 May 2015 |
| At 31 May 2014 |
| THE PONY AND TRAP (CHEW MAGNA) LIMITED (REGISTERED NUMBER: 07686748) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 May 2015 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| Additions | 10,967 |
| At 31 May 2015 | 10,967 |
| NET BOOK VALUE |
| At 31 May 2015 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| Ordinary C | £1 |
| 100 | 100 |
| On 22 April 2015 the 100 x £1 Ordinary shares were reclassified as 50 x £1 Ordinary A |
| shares, 30 x £1 Ordinary B shares and 20 x £1 Ordinary C shares. |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended |
| 31 May 2015 and 31 May 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| THE PONY AND TRAP (CHEW MAGNA) LIMITED (REGISTERED NUMBER: 07686748) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 May 2015 |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year | ( |
) |