Allpools And Spas Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04874003 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

Allpools And Spas Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J Emmerson

REGISTERED OFFICE:

The Boathouse

Wirral Park

Glastonbury

Somerset

BA6 9XE

REGISTERED NUMBER:

04874003 (England and Wales)

ACCOUNTANTS:

Probusiness Ltd

St Lawrence Lodge

37 Chamberlain Street

Wells

Somerset

BA5 2PQ

FIXED ASSETS

Intangible assets

4

17,749

20,749

Tangible assets

5

85,721

54,161

103,470

74,910

CURRENT ASSETS

Stocks

100,031

109,662

Debtors

6

24,780

12,991

Cash at bank and in hand

10,403

17,770

135,214

140,423

CREDITORS

Amounts falling due within one year

7

(278,982

)

(286,419

)

NET CURRENT LIABILITIES

(143,768

)

(145,996

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(40,298

)

(71,086

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(40,398

)

(71,186

)

SHAREHOLDERS' FUNDS

(40,298

)

(71,086

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 16 April 2018 and were signed by:

A J Emmerson - Director

1.	STATUTORY INFORMATION

Allpools And Spas 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.

Goodwill

Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.

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

-

25% on reducing balance and 5% on reducing balance

Stocks

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

allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling

costs in bringing stocks to their present location and condition.

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.

Going concern

The accounts have been prepared on the "going concern" basis and the Company is supported by a

Directors loan account (Included in other creditors) which amounts to £242,608 ( 2016 - £226,051) at

the year end.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2016 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2017

and 31 December 2017

59,999

AMORTISATION

At 1 January 2017

39,250

Charge for year

3,000

At 31 December 2017

42,250

NET BOOK VALUE

At 31 December 2017

17,749

At 31 December 2016

20,749

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

118,995

Additions

36,342

Disposals

(13,306

)

At 31 December 2017

142,031

DEPRECIATION

At 1 January 2017

64,834

Charge for year

4,782

Eliminated on disposal

(13,306

)

At 31 December 2017

56,310

NET BOOK VALUE

At 31 December 2017

85,721

At 31 December 2016

54,161

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade debtors

4,000

12,991

Other debtors

20,780

-

24,780

12,991

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade creditors

28,639

11,775

Taxation and social security

7,736

46,969

Other creditors

242,607

227,675

278,982

286,419

8.	ULTIMATE CONTROLLING PARTY