Ty Cerrig Woodland Retreats Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 09118997 (England and Wales)

TY CERRIG WOODLAND RETREATS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2017

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

S J Reynolds

Mrs H L Reynolds

REGISTERED OFFICE:

Black House Farm

Beguildy

Knighton

Powys

LD7 1YU

REGISTERED NUMBER:

09118997 (England and Wales)

ACCOUNTANTS:

Davies Edwards & Co

Chartered Certified Accountants

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

FIXED ASSETS

Tangible assets

4

62,587

74,563

CURRENT ASSETS

Stocks

87

87

Debtors

5

71

570

158

657

CREDITORS

Amounts falling due within one year

6

79,362

87,864

NET CURRENT LIABILITIES

(79,204

)

(87,207

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,617

)

(12,644

)

PROVISIONS FOR LIABILITIES

1,696

1,983

NET LIABILITIES

(18,313

)

(14,627

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(18,315

)

(14,629

)

(18,313

)

(14,627

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 16 July 2018 and were signed on its behalf by:

S J Reynolds - Director

1.	STATUTORY INFORMATION

Ty Cerrig Woodland Retreats 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 November 2016

and 31 October 2017

81,301

24,724

106,025

DEPRECIATION

At 1 November 2016

22,561

8,901

31,462

Charge for year

8,811

3,165

11,976

At 31 October 2017

31,372

12,066

43,438

NET BOOK VALUE

At 31 October 2017

49,929

12,658

62,587

At 31 October 2016

58,740

15,823

74,563

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

-

570

Prepayments and accrued income

71

-

71

570

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed to participating interests

62,438

-

Tax

1,408

-

Directors' current accounts

15,067

87,001

Accruals and deferred income

449

863

79,362

87,864

7.	RELATED PARTY DISCLOSURES