Newsbox Trading Limited,Ltd - AccountsLtd - Accounts

Newsbox Trading Limited,Ltd - AccountsLtd - Accounts

NEWSBOX TRADING LTD - Company Information

Print Friendly Version

2016-09-01 08539079 2017-08-31 08539079 2016-09-01 2017-08-31 08539079 2016-08-31 08539079 2015-09-01 2016-08-31 08539079 uk-core:WithinOneYear 2016-08-31 08539079 uk-core:WithinOneYear 2017-08-31 08539079 uk-core:ShareCapital 2017-08-31 08539079 uk-core:ShareCapital 2016-08-31 08539079 uk-core:RetainedEarningsAccumulatedLosses 2017-08-31 08539079 uk-core:RetainedEarningsAccumulatedLosses 2016-08-31 08539079 uk-bus:Director1 2016-09-01 2017-08-31 08539079 uk-core:Goodwill 2016-08-31 08539079 uk-core:Goodwill 2017-08-31 08539079 uk-core:Goodwill 2016-09-01 2017-08-31 08539079 uk-core:WithinOneYear uk-core:Secured 2017-08-31 08539079 uk-core:WithinOneYear uk-core:Secured 2016-08-31 iso4217:GBP 08539079 uk-bus:AuditExemptWithAccountantsReport 2016-09-01 2017-08-31 08539079 uk-bus:FRS102 2016-09-01 2017-08-31 08539079 uk-bus:FullAccounts 2016-09-01 2017-08-31 08539079 uk-bus:PrivateLimitedCompanyLtd 2016-09-01 2017-08-31
Newsbox Trading Limited
Registered Number:08539079
For the year ended 31 August 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2017
Newsbox Trading Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 August 2017
Newsbox Trading Limited
Statement of Financial Position
Registered Number :
08539079
£
£
2016
2017
Notes
Fixed assets
Intangible assets
77,200
82,025
2
Property, plant and equipment
4,281
4,959
3
81,481
86,984
Current assets
Inventories
77,614
57,100
4
Trade and other receivables
32,180
26,183
5
36,528
Cash and cash equivalents
34,496
117,779
146,322
Trade and other payables: amounts falling due within one
year
(218,389)
(174,893)
6
(72,067)
(57,114)
Net current liabilities
Total assets less current liabilities
24,367
14,917
(813)
(992)
Provisions for liabilities
23,554
Net assets
13,925
Capital and reserves
Called up share capital
100
100
Retained earnings
23,454
13,825
23,554
13,925
Shareholders' funds
For the year ended 31 August 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Salman Essap Director
These financial statements were approved and authorised for issue by the Board on 29 May 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 August 2017
Newsbox Trading Limited
Notes to the Financial Statements
Statutory Information
Newsbox Trading Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08539079.
Principal place of business:
16 Bridge Street
Chester
CH1 1NQ
Registered address:
183-185 North Road
Preston
PR1 1YQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 September 2016
96,500
At 31 August 2017
96,500
Amortisation
At 01 September 2016
14,475
4,825
Charge for year
At 31 August 2017
19,300
Net book value
At 31 August 2017
77,200
At 31 August 2016
82,025
2 of 3
5
For the year ended 31 August 2017
Newsbox Trading Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
At 01 September 2016
6,398
At 31 August 2017
6,398
Provision for depreciation and impairment
At 01 September 2016
1,439
Charge for year
678
At 31 August 2017
2,117
At 31 August 2017
Net book value
4,281
At 31 August 2016
4,959
4. Inventories
2016
2017
£
£
Stocks
57,100
77,614
5. Trade and other receivables
2016
2017
£
£
Trade debtors
1,900
3,365
Other debtors
24,283
28,815
32,180
26,183
6. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Bank loans and overdraft (secured)
3,658
3,336
Trade creditors
62,175
67,604
Taxation and social security
5,513
4,908
Other creditors
103,547
142,541
174,893
218,389
3 of 3