Vintage Winders Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06240237 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 August 2015 to 31 January 2017

for

Vintage Winders Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

L M Preston-Dye

SECRETARY:

Mrs L Preston-Dye

REGISTERED OFFICE:

164 Bedford Road

Kempston

Bedfordshire

MK42 8BH

REGISTERED NUMBER:

06240237 (England and Wales)

ACCOUNTANTS:

Coombs Chartered Accountants

164 Bedford Road

Kempston

Bedford

Bedfordshire

MK42 8BH

FIXED ASSETS

Tangible assets

2

2,501

-

CURRENT ASSETS

Stocks

50,841

-

Debtors

-

887

Cash at bank

-

1,956

50,841

2,843

CREDITORS

Amounts falling due within one year

16,531

68,909

NET CURRENT ASSETS/(LIABILITIES)

34,310

(66,066

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

36,811

(66,066

)

CREDITORS

Amounts falling due after more than one
year

89,692

-

NET LIABILITIES

(52,881

)

(66,066

)

CAPITAL AND RESERVES

Called up share capital

3

2

Retained earnings

(52,883

)

(66,068

)

SHAREHOLDERS' FUNDS

(52,881

)

(66,066

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2017 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 March 2017 and were signed by:

L M Preston-Dye - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

15% on cost

Computer equipment

-

25% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

1,527

Additions

3,049

At 31 January 2017

4,576

DEPRECIATION

At 1 August 2015

1,527

Charge for period

548

At 31 January 2017

2,075

NET BOOK VALUE

At 31 January 2017

2,501

At 31 July 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.17

31.7.15

value:

£

2

Ordinary

£1

2