General Region Ltd - Period Ending 2018-03-31
General Region Ltd - Period Ending 2018-03-31
Registration number:
General Region Ltd
for the Year Ended 31 March 2018
General Region Ltd
Contents
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Balance Sheet |
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Notes to the Financial Statements |
General Region Ltd
(Registration number: 02777409)
Balance Sheet as at 31 March 2018
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2018 |
2017 |
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Fixed assets |
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Current assets |
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Prepayments and accrued income |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Accruals and deferred income |
( |
( |
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Capital and reserves |
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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Page 1 |
General Region Ltd
(Registration number: 02777409)
Balance Sheet as at 31 March 2018
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
.........................................
Director
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Page 2 |
General Region Ltd
Detailed Profit and Loss Account for the Year Ended 31 March 2018
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2018 |
2017 |
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Turnover |
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Sale of goods, UK |
317,480 |
194,665 |
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Raw materials and consumables used |
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Purchases |
(115,064) |
(67,906) |
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Employee benefits expense |
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Wages and salaries (excluding directors) |
(77,665) |
(69,435) |
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Staff NIC (Employers) |
(4,340) |
(6,224) |
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Wages and salaries (excluding directors) |
(20,000) |
(20,000) |
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Staff NIC (Employers) |
(2,165) |
(1,558) |
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Directors remuneration |
(16,639) |
(16,639) |
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Directors NIC (Employers) |
(1,170) |
(1,176) |
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Staff pensions (Defined contribution) |
(5,202) |
(4,952) |
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Directors pensions (Defined contribution) |
(7,486) |
(7,485) |
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Private health insurance |
(3,843) |
(3,538) |
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Staff training |
(190) |
(1,659) |
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Travelling |
(156) |
(816) |
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(138,856) |
(133,482) |
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Depreciation and amortisation expense |
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Depreciation of fixtures and fittings (owned) |
(97) |
(195) |
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Depreciation of motor vehicles (owned) |
(811) |
(1,081) |
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(908) |
(1,276) |
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Other expenses |
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Insurance |
(3,170) |
(2,717) |
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Use of home as office |
(520) |
(504) |
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Telephone and fax |
(2,688) |
(2,363) |
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Computer software and maintenance costs |
(442) |
(181) |
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Printing, postage and stationery |
(56) |
(112) |
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Trade subscriptions |
(2,587) |
(1,760) |
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Sundry expenses |
(70) |
- |
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Motor expenses |
(6,193) |
(4,192) |
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Staff entertaining (allowable for tax) |
- |
(24) |
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Accountancy fees |
(3,213) |
(3,163) |
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Bank charges |
(113) |
(165) |
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(19,052) |
(15,181) |
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Operating profit/(loss) |
43,600 |
(23,180) |
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Other interest receivable and similar income |
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Bank interest receivable |
7 |
31 |
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Profit/(loss) before tax |
43,607 |
(23,149) |
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Page 3 |