P E DILLYSPOONS LIMITED

P E DILLYSPOONS LIMITED

P E DILLYSPOONS LIMITED - Company Information

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P E DILLYSPOONS LIMITED

Company Registration Number:
09374070 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2018

Period of accounts

Start date: 01 February 2017

End date: 31 January 2018

P E DILLYSPOONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2018

Balance sheet
Notes

P E DILLYSPOONS LIMITED

Balance sheet

As at 31 January 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 19,540 11,954
Total fixed assets: 19,540 11,954
Current assets
Stocks: 7,340 8,243
Debtors: 4 10,668 5,188
Cash at bank and in hand: 18,479 14,565
Total current assets: 36,487 27,996
Creditors: amounts falling due within one year: 5 (46,094) (47,212)
Net current assets (liabilities): (9,607) (19,216)
Total assets less current liabilities: 9,933 (7,262)
Creditors: amounts falling due after more than one year: 6 (6,003) (13,014)
Provision for liabilities: (3,355) (1,930)
Total net assets (liabilities): 575 (22,206)
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 375 (22,406)
Shareholders funds: 575 (22,206)

The notes form part of these financial statements

P E DILLYSPOONS LIMITED

Balance sheet statements

For the year ending 31 January 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 October 2018
and signed on behalf of the board by:

Name: P E Dillyspoons
Status: Director

The notes form part of these financial statements

P E DILLYSPOONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:Plant and Machinery 15% reducing balanceFixtures and Fittings 15% reducing balanceMotor Vehicles 25% reducing balanceComputer Equipment 33% reducing balance

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items.

Other accounting policies

PENSION COSTSThe company operates a defined contribution pension scheme, contributions to which are charged to profit or loss in the period to which they relate.

P E DILLYSPOONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

2. Employees

2018 2017
Average number of employees during the period 6 7

P E DILLYSPOONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

3. Tangible Assets

Total
Cost £
At 01 February 2017 15,913
Additions 11,084
At 31 January 2018 26,997
Depreciation
At 01 February 2017 3,959
Charge for year 3,498
At 31 January 2018 7,457
Net book value
At 31 January 2018 19,540
At 31 January 2017 11,954

P E DILLYSPOONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

4. Debtors

2018 2017
££
Debtors due after more than one year: 0 0

P E DILLYSPOONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

5. Creditors: amounts falling due within one year note

........................................................................2018.........2017Loans and Overdrafts..............................12736......24808Trade Creditors.........................................12337........13168Taxation.......................................................19142.........6822Other creditors and accruals...................1879..........2414

P E DILLYSPOONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

6. Creditors: amounts falling due after more than one year note

...........................................................................2018..........2017Loans...............................................................6003........13014

P E DILLYSPOONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

7. Loans to directors

Name of director receiving advance or credit: P E Dillingham
Description of the loan: Director's Loan Account
£
Balance at 01 February 2017 0
Advances or credits made: 5,144
Balance at 31 January 2018 5,144

Beneficial loan interest of £261 (2017:nil) has been charged at 2.5% and 3% per annum on the overdrawn balance.