Moss & Co Trading Ltd - Accounts to registrar - small 16.3d
Moss & Co Trading Ltd - Accounts to registrar - small 16.3d
| REGISTERED NUMBER: |
| MOSS & CO TRADING LTD |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED |
| 31 MARCH 2016 |
| MOSS & CO TRADING LTD (REGISTERED NUMBER: 07814501) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 6 |
| MOSS & CO TRADING LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Town Wall House |
| Balkerne Hill |
| Colchester |
| Essex |
| CO3 3AD |
| BANKERS: |
| Leicester |
| Leicestershire |
| LE87 2BB |
| MOSS & CO TRADING LTD (REGISTERED NUMBER: 07814501) |
| BALANCE SHEET |
| 31 MARCH 2016 |
| 2016 | 2015 |
| as restated |
| Notes | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 3 |
| CURRENT ASSETS |
| Inventories |
| Debtors | 4 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | (62,778 | ) |
| 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. |
| MOSS & CO TRADING LTD (REGISTERED NUMBER: 07814501) |
| BALANCE SHEET - continued |
| 31 MARCH 2016 |
| 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 on by: |
| MOSS & CO TRADING LTD (REGISTERED NUMBER: 07814501) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 1. | STATUTORY INFORMATION |
| Moss & Co Trading Ltd is a |
| 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 |
| Transition to financial reporting standard 102 section 1a |
| This is the first year that the company has presented its financial statements under Financial Reporting Standard |
| 102 Section 1A (FRS 102 1A) issued by the Financial Reporting Council. The last financial statements for the |
| year ended 31 March 2015 were prepared under previous UK GAAP, and the transition date to FRS 102 1A is |
| therefore 1 April 2014. |
| No changes of accounting policies were required to comply with the new standard. |
| Revenue |
| The revenue shown in the profit and loss account represents amounts invoiced during the period, exclusive of |
| Value Added Tax. |
| Tangible fixed assets |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Equipment | - |
| Stocks |
| Stocks are stated at the lower of cost, using the first in first out method, and estimated selling price. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date and is provided on the liability method. |
| Leasing commitments |
| Rentals paid under operating leases are charged against profits on a straight line basis over the period of the |
| lease. |
| MOSS & CO TRADING LTD (REGISTERED NUMBER: 07814501) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 3. | PROPERTY, PLANT AND EQUIPMENT |
| Improvements | Fixtures |
| to | Plant and | and |
| property | machinery | fittings | Equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 April 2015 |
| Additions |
| At 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| as restated |
| £ | £ |
| Amounts due from group undertaking |
| Other debtors |
| Directors' current accounts | 60,697 | 81,379 |
| Prepayments and accrued income |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| as restated |
| £ | £ |
| Bank overdraft |
| Trade creditors |
| Corporation tax |
| Other taxes and social security |
| Other creditors |
| Accruals and deferred income |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2016 | 2015 |
| as restated |
| £ | £ |
| Other creditors |
| MOSS & CO TRADING LTD (REGISTERED NUMBER: 07814501) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 7. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2016 | 2015 |
| as restated |
| £ | £ |
| Other creditors | 34,500 | 39,000 |
| There is a fixed charge over the leasehold of one of the public houses operated by the company securing a |
| balance of £34,500 within other creditors due after more than one year. |
| 8. | OTHER FINANCIAL COMMITMENTS |
| Total amount of commitments guarantees and contingencies is £746,514. |
| 9. | TRANSACTIONS WITH DIRECTORS |
| During the year the directors withdrew £44,318 from the company and repaid £65,000 |
| At the year end the balance due from the directors to the company was £60,697 (2015: £81,379). |
| This amount is unsecured, interest free and repayable on demand. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The company is a wholly owned subsidiary of Moss & Co (Holdings) Limited, a company incorporated in Great |
| Britain. |
| 11. | FIRST YEAR ADOPTION |
| There is no effect of the transition to FRS 102 Section 1A on the value of equity or profit reported under the |
| previous financial reporting framework. |