Pickwick Papers Limited - Accounts to registrar (filleted) - small 18.2
Pickwick Papers Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29TH MARCH 2018 |
FOR |
PICKWICK PAPERS LIMITED |
PICKWICK PAPERS LIMITED (REGISTERED NUMBER: 07996157) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29TH MARCH 2018 |
Page |
Company Information | 1 |
Chartered Accountants' Report | 2 |
Abridged Balance Sheet | 3 |
Notes to the Financial Statements | 5 |
PICKWICK PAPERS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 29TH MARCH 2018 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Fareham House |
69 High Street |
Fareham |
Hampshire |
PO16 7BB |
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
PICKWICK PAPERS LIMITED |
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and |
the Report of the Director are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Pickwick Papers Limited for the year ended 29th March 2018 which comprise the Income |
Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information |
and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the director of Pickwick Papers Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pickwick Papers Limited and state those matters that we have agreed to state to the director of Pickwick Papers Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pickwick Papers Limited and its director for our work or for this report. |
It is your duty to ensure that Pickwick Papers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pickwick Papers Limited. You consider that Pickwick Papers Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Pickwick Papers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
Fareham House |
69 High Street |
Fareham |
Hampshire |
PO16 7BB |
PICKWICK PAPERS LIMITED (REGISTERED NUMBER: 07996157) |
ABRIDGED BALANCE SHEET |
29TH MARCH 2018 |
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
PICKWICK PAPERS LIMITED (REGISTERED NUMBER: 07996157) |
ABRIDGED BALANCE SHEET - continued |
29TH MARCH 2018 |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
PICKWICK PAPERS LIMITED (REGISTERED NUMBER: 07996157) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 29TH MARCH 2018 |
1. | STATUTORY INFORMATION |
Pickwick Papers Limited is a |
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 |
Critical accounting judgements and key sources of estimation uncertainty |
Significant judgements and estimates |
The preparation of financial statements often requires the use of judgements, estimates and assumptions that |
affect the reported amounts of assets and liabilities at the date of the financial statements, and revenues and |
expenses during the reporting period. These judgements, estimates and assumptions are based on |
management's historical experience, knowledge and other factors including expectations of future events or |
actions that are believed to be reasonable under the circumstances. Actual results may differ from those |
amounts estimated. |
In preparing these financial statements, management do not believe that they have made any critical |
judgements in applying the company's accounting policies. |
The following are estimates and assumptions that have a significant risk of causing a material adjustment to the |
carrying amounts of assets and liabilities within the next financial year: |
Stock - whether or not stock is saleable |
Turnover |
Turnover represents transaction made at point of sale, excluding value added tax. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
slow moving items. |
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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws |
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal |
of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
PICKWICK PAPERS LIMITED (REGISTERED NUMBER: 07996157) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 29TH MARCH 2018 |
2. | ACCOUNTING POLICIES - continued |
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 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 30th March 2017 |
Additions |
At 29th March 2018 |
DEPRECIATION |
At 30th March 2017 |
Charge for year |
At 29th March 2018 |
NET BOOK VALUE |
At 29th March 2018 |
At 29th March 2017 |