Accounts filed on 31-03-2018


ACCOUNTS
FOR THE YEAR ENDED 31/03/2018





DIRECTORS
R Byers
Mrs B J Byers



SECRETARY
Mrs B J Byers


REGISTERED OFFICE
6 Brunswick Street
Carlisle
CA1 1PN


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 1511435



BANKERS
Barclays Bank plc



ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN


ACCOUNTS
FOR THEYEARENDED31/03/2018



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2018

			2018		2017
	Notes		£		£

FIXED ASSETS
Tangible assets	2		45,025		60,133

CURRENT ASSETS
Stock		31,155		35,945
Debtors	4	27,717		74,383
Cash at bank and in hand		16,676		7,224
		75,548		117,552
CREDITORS: Amounts falling due within one year	5	78,679		108,813
NET CURRENT (LIABILITIES) / ASSETS			(3,131)		8,739
TOTAL ASSETS LESS CURRENT LIABILITIES			41,894		68,872


CREDITORS: Amounts falling due after more than one year	6		5,703		10,263


PROVISIONS FOR LIABILITIES AND CHARGES	8		8,555		11,425

NET ASSETS			27,636		47,184

CAPITAL AND RESERVES

Called up share capital	9		1,000		1,000
Profit and loss account			26,636		46,184
SHAREHOLDERS' FUNDS			27,636		47,184

For the year ending 31/03/2018 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 28/11/2018 and signed on their behalf by



.............................
R Byers
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Equipment		reducing balance 25%
Equipment		reducing balance 50%
Motor Vehicles		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




4. DEBTORS	2018	2017
	£	£
Amounts falling due within one year
Trade debtors	27,717	74,383
	27,717	74,383




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2018	2017
	£	£
UK corporation tax	2,967	5,645
Directors current account	4,672	9,714
Hire purchase	4,560	4,560
Trade creditors	42,505	43,135
Other creditors	22,175	43,959
Accruals	1,800	1,800
	78,679	108,813




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2018	2017
	£	£
Hire purchase >1yr	5,703	10,263
	5,703	10,263




9. SHARE CAPITAL	2018	2017
	£	£
Allotted, issued and fully paid:
4000 Ordinary shares of £0.25 each	1000	1000
	1,000	1,000




10. RELATED PARTY TRANSACTIONS
During the year to 31st March 2018 the Company paid rent of £1,308 (2017 - £1,308) to Mr and Mrs Raymond Byers for the use of the premises in Rigg Street, Carlisle owned by Mr and Mrs Byers.
Dividends of £20,000 were paid to the directors during the year. (2017 - £20,000)
At 31/03/2018 the company owed £4,672 (2017 - £9,714) to the directors, this amount is interest free and repayable on demand.