Neil Whitcombe Limited - Accounts to registrar - small 17.1

REGISTERED NUMBER: 08829307 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2017

for

Neil Whitcombe Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N L Whitcombe

SECRETARY:

REGISTERED OFFICE:

76 Colston Street

Bristol

BS1 5BB

REGISTERED NUMBER:

08829307 (England and Wales)

ACCOUNTANTS:

Harpers & Co

The Old Brewery

1-3 Ashton Road

Bristol

BS3 2EA

FIXED ASSETS

Tangible assets

4

2,668

3,062

CURRENT ASSETS

Debtors

5

-

587

Cash at bank

11,668

12,328

11,668

12,915

CREDITORS

Amounts falling due within one year

6

5,400

15,486

NET CURRENT ASSETS/(LIABILITIES)

6,268

(2,571

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,936

491

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

8,935

490

SHAREHOLDERS' FUNDS

8,936

491

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

The members have not required the company to obtain an audit of its financial statements for the year 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 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 director on 27 June 2017 and were signed by:

N L Whitcombe - Director

1.	STATUTORY INFORMATION

Neil Whitcombe 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.

Tangible fixed assets

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

Taxation

Taxation for the year 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

year 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 0 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2016

4,651

Additions

496

At 31 January 2017

5,147

DEPRECIATION

At 1 February 2016

1,589

Charge for year

890

At 31 January 2017

2,479

NET BOOK VALUE

At 31 January 2017

2,668

At 31 January 2016

3,062

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.17

31.1.16

£

£

Trade debtors

-

587

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.17

31.1.16

£

£

Taxation and social security

4,194

4,528

Other creditors

1,206

10,958

5,400

15,486