EHLUK Leisure Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09014267 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2017

FOR

EHLUK LEISURE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R J Stainsby

REGISTERED OFFICE:

The Oakes Centre

Whinfield Drive

Aycliffe Business Park

Newton Aycliffe

Durham

DL5 6AU

REGISTERED NUMBER:

09014267 (England and Wales)

ACCOUNTANTS:

Ribchesters

Chartered Accountants

Finchale House

Belmont Business Park

Durham

DH1 1TW

CURRENT ASSETS

Stocks

2,000

Cash at bank

16,299

18,299

CREDITORS

Amounts falling due within one year

4

19,405

NET CURRENT LIABILITIES

(1,106

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,106

)

CAPITAL AND RESERVES

Called up share capital

5

1

Retained earnings

(1,107

)

SHAREHOLDERS' FUNDS

(1,106

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 18 January 2018 and were signed by:

R J Stainsby - Director

1.	STATUTORY INFORMATION

EHLUK Leisure 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.

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 5 .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

107

Taxation and social security

(198

)

Other creditors

19,496

19,405

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

0.5

1

6.	RELATED PARTY DISCLOSURES

The company operates from a property and utilises equipment owned by EHLUK Building and Maintenance

Facility Limited. These leases were provided free of charge during this financial year. The company is related by

way of the director also being a director of that company.

The company received interest free loans from Milestone Project Services Limited, a company related by way of

the director being the father of the director of this company. At the balance sheet date the amount due was

£8,069.

During the year the director advance an interest free loan to the company. At the balance sheet date the balance

due was £10,567.