Accounts filed on 28-02-2017

Accounts filed on 28-02-2017

FROM THE NOTEBOOK LIMITED - Company Information

Print Friendly Version

07960714falsewholesale beer distribution2016-03-012017-02-28http://www.companieshouse.gov.uk/2016-02-29http://www.companieshouse.gov.uk/cd:Director12016-03-012017-02-28http://www.companieshouse.gov.uk/cd:Director22016-03-012017-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-02-29http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-03-012017-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2017-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2016-03-012017-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2016-03-012017-02-28http://www.companieshouse.gov.uk/2016-03-012017-02-28http://www.companieshouse.gov.uk/2016-02-29http://www.companieshouse.gov.uk/cd:FRS1022016-03-012017-02-28http://www.companieshouse.gov.uk/2017-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2016-03-012017-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2016-03-012017-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07960714
From the Notebook Limited
ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2017
Prepared By:
Brieley Grimsdell Falconer Ltd
Chartered Accountants and Tax Advisers
14 Regent Street
Kimberley
Nottingham
NG16 2LW
From the Notebook Limited
ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2017
DIRECTORS
Dr G Denton
Mr C Bowler
REGISTERED OFFICE
40 Ewall Road
Nottingham
NG8 2DE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07960714
BANKERS
Barclays, Leicester, LE87 2BB
ACCOUNTANTS
Brieley Grimsdell Falconer Ltd
Chartered Accountants and Tax Advisers
14 Regent Street
Kimberley
Nottingham
NG16 2LW
From the Notebook Limited
ACCOUNTS
FOR THEYEARENDED28 FEBRUARY 2017
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
From the Notebook Limited
BALANCE SHEET AT 28 February 2017
20172016
Notes££
FIXED ASSETS
Tangible assets26081
CURRENT ASSETS
Stock5,70014,517
Debtors42,6511,939
Cash at bank and in hand4,6572,340
13,00818,796
CREDITORS: Amounts falling due within one year528,26028,682
NET CURRENT LIABILITIES(15,252)(9,886)
TOTAL ASSETS LESS CURRENT LIABILITIES(15,192)(9,805)
PROVISIONS FOR LIABILITIES AND CHARGES71216
NET LIABILITIES(15,204)(9,821)
CAPITAL AND RESERVES
Called up share capital8200200
Profit and loss account(15,404)(10,021)
SHAREHOLDERS' FUNDS(15,204)(9,821)
For the year ending 28 February 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 9 November 2017 and signed on their behalf by
.............................
Dr G Denton
Director
From the Notebook Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2017
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 20%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 1 March 2016200200
At 28 February 2017200200
Depreciation
At 1 March 2016119119
For the year2121
At 28 February 2017140140
Net Book Amounts
At 28 February 20176060
At 29 February 20168181
From the Notebook Limited
3. STOCK 20172016
££
Stock comprises:
Stock5,70014,517
5,70014,517
4. DEBTORS 20172016
££
Amounts falling due within one year
Trade debtors2,6511,939
2,6511,939
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20172016
££
VAT494218
Directors current account26,39127,889
Trade creditors398-
Accruals977575
28,26028,682
6. EMPLOYEES
20172016
No.No.
7. PROVISIONS FOR LIABILITIES 20172016
££
Deferred taxation1216
1216
From the Notebook Limited
8. SHARE CAPITAL 20172016
££
Allotted, issued and fully paid:
200 Class 1 shares of £1 each200200
200200
9. CONTROLLING PARTY
The company is controlled by the directors, G Denton & C Bowler, who own all of the issued share capital of the company.