Pottery Cafe Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03655398 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2017

FOR

POTTERY CAFE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Collins

L Collins

J V Stewart

SECRETARY:

J V Stewart

REGISTERED OFFICE:

735 Fulham Road

London

SW6 5UL

REGISTERED NUMBER:

03655398 (England and Wales)

ACCOUNTANTS:

Russell New Limited

The Courtyard

Shoreham Road

Upper Beeding

Steyning

West Sussex

BN44 3TN

FIXED ASSETS

Tangible assets

4

32,581

33,562

Investments

5

1

32,582

33,563

CURRENT ASSETS

Stocks

95,517

83,982

Debtors

6

133,379

119,426

Cash at bank and in hand

44,537

87,589

273,433

290,997

CREDITORS

Amounts falling due within one year

127,794

123,353

NET CURRENT ASSETS

145,639

167,644

TOTAL ASSETS LESS CURRENT
LIABILITIES

178,221

201,207

PROVISIONS FOR LIABILITIES

6,190

6,712

NET ASSETS

172,031

194,495

CAPITAL AND RESERVES

Called up share capital

40,000

Retained earnings

132,031

154,495

SHAREHOLDERS' FUNDS

172,031

194,495

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th April 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 24th January 2018 and were signed on its behalf by:

A M Collins - Director

1.	STATUTORY INFORMATION

Pottery Cafe 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.

Preparation of consolidated financial statements

The financial statements contain information about Pottery Cafe Limited as an individual company and do not contain

consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the

Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

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

-

25% on cost and 20% on cost

Fixtures and fittings

-

33% on cost and 20% on cost

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

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.

As at the balance sheet date the outstanding pension contributions were £165 (2016: 138).

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2016 - 34 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st May 2016

159,486

Additions

11,921

Disposals

(12,951

)

At 30th April 2017

158,456

DEPRECIATION

At 1st May 2016

125,924

Charge for year

12,891

Eliminated on disposal

(12,940

)

At 30th April 2017

125,875

NET BOOK VALUE

At 30th April 2017

32,581

At 30th April 2016

33,562

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1st May 2016

and 30th April 2017

1

NET BOOK VALUE

At 30th April 2017

1

At 30th April 2016

1

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

Other debtors

25,875

Included within other debtors is a rent deposit for which there is an outstanding rent deposit deed.

7.	OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of:

2017

2016

£

Due in less than one year

103,750

111,450

Due in 1 to 2 years

103,750

Due in 2 to 5 years

264,729

421,656

Due in more than 5 years

-

4,240

529,646

641,096

Pottery Cafe Limited - Accounts to registrar (filleted) - small 17.3

Pottery Cafe Limited - Accounts to registrar (filleted) - small 17.3