221 Limited - Accounts to registrar - small 17.2

221 Limited - Accounts to registrar - small 17.2

221 LIMITED - Company Information

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IRIS Accounts Production v17.2.1.52 05757471 Board of Directors Board of Directors 1.1.16 31.12.16 31.12.16 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure057574712015-12-31057574712016-12-31057574712016-01-012016-12-31057574712014-12-31057574712015-01-012015-12-31057574712015-12-3105757471ns15:EnglandWales2016-01-012016-12-3105757471ns14:PoundSterling2016-01-012016-12-3105757471ns10:Director12016-01-012016-12-3105757471ns10:Director22016-01-012016-12-3105757471ns10:PrivateLimitedCompanyLtd2016-01-012016-12-3105757471ns10:SmallEntities2016-01-012016-12-3105757471ns10:AuditExempt-NoAccountantsReport2016-01-012016-12-3105757471ns10:SmallCompaniesRegimeForDirectorsReport2016-01-012016-12-3105757471ns10:SmallCompaniesRegimeForAccounts2016-01-012016-12-3105757471ns10:FullAccounts2016-01-012016-12-3105757471ns10:Director32016-01-012016-12-3105757471ns10:CompanySecretary12016-01-012016-12-3105757471ns10:RegisteredOffice2016-01-012016-12-3105757471ns5:CurrentFinancialInstruments2016-12-3105757471ns5:CurrentFinancialInstruments2015-12-3105757471ns5:Non-currentFinancialInstruments2016-12-3105757471ns5:Non-currentFinancialInstruments2015-12-3105757471ns5:ShareCapital2016-12-3105757471ns5:ShareCapital2015-12-3105757471ns5:RetainedEarningsAccumulatedLosses2016-12-3105757471ns5:RetainedEarningsAccumulatedLosses2015-12-3105757471ns5:PlantMachinery2016-01-012016-12-3105757471ns5:PlantMachinery2015-12-3105757471ns5:PlantMachinery2016-12-3105757471ns5:PlantMachinery2015-12-3105757471ns5:CostValuation2015-12-3105757471ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-12-3105757471ns5:CurrentFinancialInstrumentsns5:WithinOneYear2015-12-31


REGISTERED NUMBER: 05757471 (England and Wales)


















































Financial Statements

for the Year Ended 31 December 2016

for

221 Limited

221 Limited (Registered number: 05757471)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


221 Limited

Company Information
for the Year Ended 31 December 2016







DIRECTORS: G R Macklin
L M Macklin
D Warwick





SECRETARY: G R Macklin





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 05757471 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR
Page 1
221 Limited (Registered number: 05757471)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 262 566
Investments 5 100 100
362 666

CURRENT ASSETS
Stocks 2,880,985 3,399,459
Debtors 6 4,290,749 817,721
Cash at bank 1,507 1,889
7,173,241 4,219,069
CREDITORS
Amounts falling due within one year 7 4,700,400 4,174,645
NET CURRENT ASSETS 2,472,841 44,424
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,473,203
45,090

CREDITORS
Amounts falling due after more than one
year
8
2,418,535
-
NET ASSETS 54,668 45,090

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 54,567 44,989
SHAREHOLDERS' FUNDS 54,668 45,090

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 notes form part of these financial statements

Page 2 continued...
221 Limited (Registered number: 05757471)

Balance Sheet - continued
31 December 2016


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 28 September 2017 and were signed on
its behalf by:




G R Macklin - Director



D Warwick - Director


The notes form part of these financial statements

Page 3
221 Limited (Registered number: 05757471)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

221 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 represents sales of properties.

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 and 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stock has been valued at the lower of cost and estimated selling price less costs to sell. In respect of
work in progress, cost includes a relevant proportion of overheads according to the stage of
manufacture or completion.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2015 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2016
and 31 December 2016 4,361
DEPRECIATION
At 1 January 2016 3,795
Charge for year 304
At 31 December 2016 4,099
NET BOOK VALUE
At 31 December 2016 262
At 31 December 2015 566

Page 4 continued...
221 Limited (Registered number: 05757471)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2016
and 31 December 2016 100
NET BOOK VALUE
At 31 December 2016 100
At 31 December 2015 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors 2,700,131 -
Other debtors 1,590,618 817,721
4,290,749 817,721

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade creditors 342 1,656
Other creditors 4,700,058 4,172,989
4,700,400 4,174,645

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.16 31.12.15
£    £   
Other creditors 2,418,535 -

9. ULTIMATE CONTROLLING PARTY

The controlling party is DLG Investments Ltd.

DLG Investments Ltd registered office address is The Old Post Office, 41-43 Market Place,
Chippenham, Wiltshire SN15 3HR.

Page 5