Accounts filed on 31-07-2017


ACCOUNTS
FOR THE YEAR ENDED 31/07/2017





DIRECTORS
Mr Michael Starkey
Mrs Judith Starkey


REGISTERED OFFICE
54D Frome Road
Bradford on Avon
BA15 1LA


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06547239



ACCOUNTANTS
David Reed Associates Ltd
54D Frome Road
Bradford on Avon
Wiltshire
BA15 1LA


ACCOUNTS
FOR THEYEARENDED31/07/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/07/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Intangible assets	2		59,400		81,000
Tangible assets	3		81,288		86,668

			140,688		167,668

CURRENT ASSETS
Stock		2,350		2,200
Debtors	5	30,971		23,312
Current Asset Investments	6	25,352		22,822
Cash at bank and in hand		63,722		69,265
		122,395		117,599
CREDITORS: Amounts falling due within one year	7	54,105		62,359
NET CURRENT ASSETS			68,290		55,240
TOTAL ASSETS LESS CURRENT LIABILITIES			208,978		222,908


CREDITORS: Amounts falling due after more than one year	8		207,318		222,405


PROVISIONS FOR LIABILITIES AND CHARGES	10		1,519		-

NET ASSETS			141		503

CAPITAL AND RESERVES

Called up share capital	11		100		100
Profit and loss account			41		403
SHAREHOLDERS' FUNDS			141		503

For the year ending 31/07/2017 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 30/04/2018 and signed on their behalf by



.............................
Mr Michael Starkey
Director

1. ACCOUNTING POLICIES




1a. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land And Buildings		straight line 4%
Plant and Machinery		reducing balance 20%
Equipment		reducing balance 20%




1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1c. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life of 10 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




1d. Basis Of Accounting FRS 102 Section 1A
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
This is the first set of accounts which comply with FRS102 section 1A. The date of transition is 01/08/2015. The directors consider there is no holiday pay accrual required.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
The 2016 deferred tax liability has not been restated on the grounds of immateriality.




5. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	1,877	17,293
Other debtors	-	832
Prepayments	369	585
Other Debtors	28,725	4,602
	30,971	23,312




6. CURRENT ASSET INVESTMENTS
	2017	2016
	£	£
Other investments	25,352	22,822
	25,352	22,822

The investments represents the amounts owed to the company by Coleman Starkey LLP.




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
Other tax and social security	32,212	38,867
Loans	21,777	21,777
Trade creditors	116	1,715
	54,105	62,359




8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2017	2016
	£	£
Loans >1yr	207,318	222,405
	207,318	222,405




11. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100