Plough Lane Caravan Site Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 07620388 (England and Wales)

Financial Statements

for the Year Ended 30 April 2017

for

Plough Lane Caravan Site Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Wilding

Mrs H D Wilding

REGISTERED OFFICE:

Plough Lane

Kington Langley

Chippenham

Wiltshire

SN15 5PS

REGISTERED NUMBER:

07620388 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

141,359

142,298

CURRENT ASSETS

Debtors

5

500

2,235

Cash at bank and in hand

139,303

103,481

139,803

105,716

CREDITORS

Amounts falling due within one year

6

123,142

148,556

NET CURRENT ASSETS/(LIABILITIES)

16,661

(42,840

)

TOTAL ASSETS LESS CURRENT LIABILITIES

158,020

99,458

PROVISIONS FOR LIABILITIES

2,140

2,537

NET ASSETS

155,880

96,921

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

155,780

96,821

SHAREHOLDERS' FUNDS

155,880

96,921

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 18 January 2018 and were signed on its behalf by:

R Wilding - Director

Mrs H D Wilding - Director

1.	STATUTORY INFORMATION

Plough Lane Caravan Site 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.

Plant and machinery etc

-

25% on cost and 15% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2016 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2016

158,485

Additions

1,961

At 30 April 2017

160,446

DEPRECIATION

At 1 May 2016

16,187

Charge for year

2,900

At 30 April 2017

19,087

NET BOOK VALUE

At 30 April 2017

141,359

At 30 April 2016

142,298

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade debtors

-

1,787

Other debtors

500

448

500

2,235

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade creditors

5,108

8,090

Other creditors

118,034

140,466

123,142

148,556