Grange Court (Rode Heath) Limited - Accounts to registrar (filleted) - small 18.1

Grange Court (Rode Heath) Limited - Accounts to registrar (filleted) - small 18.1


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REGISTERED NUMBER: 08719319 (England and Wales)













Grange Court (Rode Heath) Limited

Unaudited Financial Statements

for the Year Ended 31 January 2018






Grange Court (Rode Heath) Limited (Registered number: 08719319)






Contents of the Financial Statements
for the year ended 31 January 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Grange Court (Rode Heath) Limited

Company Information
for the year ended 31 January 2018







DIRECTORS: M Khan
Mrs E A Khan





SECRETARY:





REGISTERED OFFICE: Lymore Villa
162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB





REGISTERED NUMBER: 08719319 (England and Wales)





ACCOUNTANTS: Slaters & Co Accountants
Lymore Villa
162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB

Grange Court (Rode Heath) Limited (Registered number: 08719319)

Balance Sheet
31 January 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 32,000 34,000
Tangible assets 5 14,724 17,852
46,724 51,852

CURRENT ASSETS
Stocks 20,963 24,763
Debtors 6 2,000 6,809
Cash at bank and in hand 21,798 26,169
44,761 57,741
CREDITORS
Amounts falling due within one year 7 30,709 26,442
NET CURRENT ASSETS 14,052 31,299
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,776

83,151

CREDITORS
Amounts falling due after more than one
year

8

18,957

41,503
NET ASSETS 41,819 41,648

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 41,816 41,645
SHAREHOLDERS' FUNDS 41,819 41,648

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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.

Grange Court (Rode Heath) Limited (Registered number: 08719319)

Balance Sheet - continued
31 January 2018


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 Board of Directors on 19 June 2018 and were signed on its
behalf by:





Mrs E A Khan - Director


Grange Court (Rode Heath) Limited (Registered number: 08719319)

Notes to the Financial Statements
for the year ended 31 January 2018

1. STATUTORY INFORMATION

Grange Court (Rode Heath) Limited 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 represents net invoice value of goods provided, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty 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.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 9 ) .

Grange Court (Rode Heath) Limited (Registered number: 08719319)

Notes to the Financial Statements - continued
for the year ended 31 January 2018

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2017
and 31 January 2018 40,000
AMORTISATION
At 1 February 2017 6,000
Charge for year 2,000
At 31 January 2018 8,000
NET BOOK VALUE
At 31 January 2018 32,000
At 31 January 2017 34,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2017 29,267 5,600 34,867
Additions - 553 553
At 31 January 2018 29,267 6,153 35,420
DEPRECIATION
At 1 February 2017 14,282 2,733 17,015
Charge for year 2,997 684 3,681
At 31 January 2018 17,279 3,417 20,696
NET BOOK VALUE
At 31 January 2018 11,988 2,736 14,724
At 31 January 2017 14,985 2,867 17,852

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 2,000 1,995
Other debtors - 4,814
2,000 6,809

Grange Court (Rode Heath) Limited (Registered number: 08719319)

Notes to the Financial Statements - continued
for the year ended 31 January 2018

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 17,080 11,725
Taxation and social security 11,095 12,050
Other creditors 2,534 2,667
30,709 26,442

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Other creditors 18,957 41,503

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors loan account balance was repaid within 9 months.