OLD POTTERY LIMITED

OLD POTTERY LIMITED

OLD POTTERY LIMITED - Company Information

Print Friendly Version

OLD POTTERY LIMITED

Company Registration Number:
06709380 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2017

Period of accounts

Start date: 01 June 2016

End date: 31 May 2017

OLD POTTERY LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2017

Balance sheet
Notes

OLD POTTERY LIMITED

Balance sheet

As at 31 May 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 3 565 659
Total fixed assets: 565 659
Current assets
Debtors:   500 500
Cash at bank and in hand: 1,500 2,193
Total current assets: 2,000 2,693
Creditors: amounts falling due within one year: 4 (1,764) (695)
Net current assets (liabilities): 236 1,998
Total assets less current liabilities: 801 2,657
Total net assets (liabilities): 801 2,657
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 701 2,557
Shareholders funds: 801 2,657

The notes form part of these financial statements

OLD POTTERY LIMITED

Balance sheet statements

For the year ending 31 May 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 03 October 2017
and signed on behalf of the board by:

Name: N Poole
Status: Director

The notes form part of these financial statements

OLD POTTERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

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

OLD POTTERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

2. Employees

2017 2016
Average number of employees during the period 2 3

OLD POTTERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

3. Tangible Assets

Total
Cost £
At 01 June 2016 2,555
At 31 May 2017 2,555
Depreciation
At 01 June 2016 1,896
Charge for year 94
At 31 May 2017 1,990
Net book value
At 31 May 2017 565
At 31 May 2016 659

OLD POTTERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

4. Creditors: amounts falling due within one year note

2017 2016Taxation and social security £1,125 £100Other creditors £639 £595