Longwoodey Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03879008 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2017

for

Longwoodey Limited

Page

Company information

1

Abridged balance sheet

2

Notes to the financial statements

4

Directors:

V S Woodey

J M Woodey

Secretary:

J M Woodey

Registered office:

2nd Floor

Kingsley House

22-24 Elm Road

Leigh on Sea

Essex

SS9 1SN

Registered number:

03879008 (England and Wales)

Accountants:

Cooper Paul

Abacus House

14-18 Forest Road

Loughton

Essex

IG10 1DX

Fixed assets

Tangible assets

4

4,180

5,491

Current assets

Debtors

78,250

52,662

Cash at bank

68,790

94,344

147,040

147,006

Creditors

Amounts falling due within one year

(58,668

)

(40,238

)

Net current assets

88,372

106,768

Total assets less current liabilities

92,552

112,259

Creditors

Amounts falling due after more than one year

(6,196

)

(11,625

)

Net assets

86,356

100,634

Capital and reserves

Called up share capital

110

110

Retained earnings

86,246

100,524

Shareholders' funds

86,356

100,634

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

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

All the members have consented to the preparation of an abridged Income statement and an abridged Balance sheet for the year ended 31st December 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 17th September 2018 and were signed on its behalf by:

V S Woodey - Director

1.	Statutory information

Longwoodey 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 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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

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 2 (2016 - 2 ) .

4.	Tangible fixed assets

Totals

£

Cost

At 1st January 2017

and 31st December 2017

30,775

Depreciation

At 1st January 2017

25,284

Charge for year

1,311

At 31st December 2017

26,595

Net book value

At 31st December 2017

4,180

At 31st December 2016

5,491

5.	Ultimate controlling party

The company was under the control of V S Woodey throughout the year. She is the managing director

and controls 98% of the company's issued voting share capital.