Potter (Andover) Limited - Abbreviated accounts 16.1
Potter (Andover) Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 APRIL 2016 |
| FOR |
| POTTER (ANDOVER) LIMITED |
| POTTER (ANDOVER) LIMITED (REGISTERED NUMBER: 04704506) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 30 April 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Report of the Accountants | 6 |
| POTTER (ANDOVER) LIMITED |
| COMPANY INFORMATION |
| for the year ended 30 April 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| POTTER (ANDOVER) LIMITED (REGISTERED NUMBER: 04704506) |
| ABBREVIATED BALANCE SHEET |
| 30 April 2016 |
| 30/4/16 | 30/4/15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| POTTER (ANDOVER) LIMITED (REGISTERED NUMBER: 04704506) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 April 2016 |
| The financial statements were approved by the director on |
| POTTER (ANDOVER) LIMITED (REGISTERED NUMBER: 04704506) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 30 April 2016 |
| 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 January 2015). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery | - |
| 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. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
| date. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme |
| are charged to the profit and loss account in the period to which they relate. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2015 |
| and 30 April 2016 |
| AMORTISATION |
| At 1 May 2015 |
| and 30 April 2016 |
| NET BOOK VALUE |
| At 30 April 2016 |
| At 30 April 2015 |
| POTTER (ANDOVER) LIMITED (REGISTERED NUMBER: 04704506) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 30 April 2016 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2015 |
| Additions |
| Disposals | ( |
) |
| At 30 April 2016 |
| DEPRECIATION |
| At 1 May 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 April 2016 |
| NET BOOK VALUE |
| At 30 April 2016 |
| At 30 April 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30/4/16 | 30/4/15 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | CONTROLLING PARTY |
| The company is controlled by S J Potter, the director and majority shareholder of the company. |
| 6. | CAPITAL REDEMPTION RESERVE |
| Purchase of own shares: |
| In the year ending 30 April 2013, 40 ordinary shares were purchased by the company for total consideration of £290,000. |
| POTTER (ANDOVER) LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF |
| POTTER (ANDOVER) LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have |
| been prepared. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2016 set out on pages three to nine and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Chartered Accountants |
| 22 August 2016 |