Alex Cowey Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08071732 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2017

for

Alex Cowey Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Cowey

Mrs S E Cowey

REGISTERED OFFICE:

55 Newbridge Hill

Bath

Somerset

BA1 3PR

REGISTERED NUMBER:

08071732 (England and Wales)

ACCOUNTANTS:

Stanbridge Associates Limited

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

764

915

764

915

CURRENT ASSETS

Debtors

6

35,420

17,862

Cash at bank

76,021

13,673

111,441

31,535

CREDITORS

Amounts falling due within one year

7

24,266

20,896

NET CURRENT ASSETS

87,175

10,639

TOTAL ASSETS LESS CURRENT LIABILITIES

87,939

11,554

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

87,839

11,454

SHAREHOLDERS' FUNDS

87,939

11,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 29 August 2017 and were signed on its behalf by:

A J Cowey - Director

1.	STATUTORY INFORMATION

Alex Cowey Ltd 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 represents trading income accrued during the period shown by these financial

statements.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of two years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2016

and 30 April 2017

23,416

AMORTISATION

At 1 May 2016

and 30 April 2017

23,416

NET BOOK VALUE

At 30 April 2017

-

At 30 April 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2016

2,888

Additions

105

At 30 April 2017

2,993

DEPRECIATION

At 1 May 2016

1,973

Charge for year

256

At 30 April 2017

2,229

NET BOOK VALUE

At 30 April 2017

764

At 30 April 2016

915

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

35,420

17,862

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

19,440

16,333

Other creditors

4,826

4,563

24,266

20,896

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £48,450 (2016 - £110,000) were paid to the directors .

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A J Cowey.