The Shared Ownership Shop Limited - Accounts to registrar - small 17.1

The Shared Ownership Shop Limited - Accounts to registrar - small 17.1

THE SHARED OWNERSHIP SHOP LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v17.1.0.1158 09403200 Board of Directors Board of Directors 1.2.16 31.3.17 31.3.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure094032002016-01-31094032002017-03-31094032002016-02-012017-03-31094032002015-01-22094032002015-01-232016-01-31094032002016-01-3109403200ns15:EnglandWales2016-02-012017-03-3109403200ns14:PoundSterling2016-02-012017-03-3109403200ns10:Director12016-02-012017-03-3109403200ns10:Director22016-02-012017-03-3109403200ns10:PrivateLimitedCompanyLtd2016-02-012017-03-3109403200ns10:SmallEntities2016-02-012017-03-3109403200ns10:AuditExempt-NoAccountantsReport2016-02-012017-03-3109403200ns10:SmallCompaniesRegimeForDirectorsReport2016-02-012017-03-3109403200ns10:SmallCompaniesRegimeForAccounts2016-02-012017-03-3109403200ns10:FullAccounts2016-02-012017-03-3109403200ns10:RegisteredOffice2016-02-012017-03-3109403200ns5:CurrentFinancialInstruments2017-03-3109403200ns5:CurrentFinancialInstruments2016-01-3109403200ns5:ShareCapital2017-03-3109403200ns5:ShareCapital2016-01-3109403200ns5:RetainedEarningsAccumulatedLosses2017-03-3109403200ns5:RetainedEarningsAccumulatedLosses2016-01-3109403200ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3109403200ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-01-31


REGISTERED NUMBER: 09403200 (England and Wales)















Unaudited Financial Statements

for the Period 1 February 2016 to 31 March 2017

for

The Shared Ownership Shop Limited

The Shared Ownership Shop Limited (Registered number: 09403200)






Contents of the Financial Statements
for the Period 1 February 2016 to 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Shared Ownership Shop Limited

Company Information
for the Period 1 February 2016 to 31 March 2017







DIRECTORS: J Kiely
J M C Robinson





REGISTERED OFFICE: c/o R A & D A Thompson
30 High Street
Leighton Buzzard
Bedfordshire
LU7 1EA





REGISTERED NUMBER: 09403200 (England and Wales)





ACCOUNTANTS: R A & D A Thompson
30 High Street
Leighton Buzzard
Bedfordshire
LU7 1EA
Page 1
The Shared Ownership Shop Limited (Registered number: 09403200)

Balance Sheet
31 March 2017

31.3.17 31.1.16
Notes £    £   
CURRENT ASSETS
Debtors 3 43,200 -
Cash at bank 35,514 -
78,714 -
CREDITORS
Amounts falling due within one
year
4
45,933
-
NET CURRENT ASSETS 32,781 -
TOTAL ASSETS LESS CURRENT
LIABILITIES
32,781
-

CAPITAL AND RESERVES
Called up share capital 105 -
Retained earnings 32,676 -
SHAREHOLDERS' FUNDS 32,781 -

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 8 May 2017
and were signed on its behalf by:




J Kiely - Director



J M C Robinson - Director


The notes form part of these financial statements

Page 2
The Shared Ownership Shop Limited (Registered number: 09403200)

Notes to the Financial Statements
for the Period 1 February 2016 to 31 March 2017

1. STATUTORY INFORMATION

The Shared Ownership Shop Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or
receivable, excluding discounts, rebates, value added tax and other sales
taxes.

Taxation
Taxation for the period comprises current and deferred tax. Tax is
recognised in the Income Statement, except to the extent that it relates to
items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates
and laws that that have been enacted or substantively enacted by the
balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax
assessments in periods different from those in which they are recognised in
financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the period end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to
the extent that it is probable that they will be recovered against the
reversal of deferred tax liabilities or other future taxable profits.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.1.16
£    £   
Trade debtors 43,200 -

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.1.16
£    £   
Trade creditors 25,494 -
Taxation and social security 19,439 -
Other creditors 1,000 -
45,933 -

Page 3