Worktops (Uk) Ltd. - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08678014 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2017

for

Worktops (Uk) Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J D Porter

SECRETARY:

REGISTERED OFFICE:

Brownings Farm Lewes Road

Blackboys

Uckfield

East Sussex

TN22 5HG

REGISTERED NUMBER:

08678014 (England and Wales)

ACCOUNTANTS:

Geoff Scoble

FIXED ASSETS

Intangible assets

4

80,000

80,000

Tangible assets

5

-

118

80,000

80,118

CURRENT ASSETS

Stocks

3,120

5,000

Cash at bank

-

17,867

3,120

22,867

CREDITORS

Amounts falling due within one year

6

77,265

68,830

NET CURRENT LIABILITIES

(74,145

)

(45,963

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,855

34,155

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

5,755

34,055

SHAREHOLDERS' FUNDS

5,855

34,155

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 22 December 2017 and were signed by:

J D Porter - Director

1.	STATUTORY INFORMATION

Worktops (Uk) 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 is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

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 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 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2016

and 30 September 2017

80,000

NET BOOK VALUE

At 30 September 2017

80,000

At 30 September 2016

80,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2016

and 30 September 2017

926

DEPRECIATION

At 1 October 2016

808

Charge for year

118

At 30 September 2017

926

NET BOOK VALUE

At 30 September 2017

-

At 30 September 2016

118

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Bank loans and overdrafts

16,958

8,210

Trade creditors

28,243

32,408

Taxation and social security

9,354

13,103

Other creditors

22,710

15,109

77,265

68,830

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.17

30.9.16

value:

£

£

100

Ordinary

£1

100

100