Street Furniture Supplies Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03064239 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018

FOR

STREET FURNITURE SUPPLIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M I Bunyan

REGISTERED OFFICE:

10-11 Williams Way Industrial Estate

Wollaston

Northamptonshire

NN29 7RQ

REGISTERED NUMBER:

03064239 (England and Wales)

ACCOUNTANT:

Elsby & Co

155 Wellingborough Road

Rushden

Northamptonshire

NN10 9TB

FIXED ASSETS

Tangible assets

4

37

60

CURRENT ASSETS

Stocks

2,500

2,000

Debtors

5

4,254

5,450

Cash at bank

4,246

-

11,000

7,450

CREDITORS

Amounts falling due within one year

6

87,075

93,089

NET CURRENT LIABILITIES

(76,075

)

(85,639

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(76,038

)

(85,579

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

(76,040

)

(85,581

)

SHAREHOLDERS' FUNDS

(76,038

)

(85,579

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

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.

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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 8 November 2018 and were signed by:

M I Bunyan - Director

1.	STATUTORY INFORMATION

Street Furniture Supplies 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 represents the amounts invoiced by the company in respect of goods and services supplied during the year

excluding Value Added Tax. None of the company`s turnover related to exports (2015- Nil).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Going concern

The financial statements have been prepared on the going concern basis which assumes the continued financial support of

the company's creditors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 July 2017

and 30 June 2018

1,752

4,200

5,952

DEPRECIATION

At 1 July 2017

1,729

4,163

5,892

Charge for year

9

14

23

At 30 June 2018

1,738

4,177

5,915

NET BOOK VALUE

At 30 June 2018

14

23

37

At 30 June 2017

23

37

60

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

4,254

5,450

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

-

1,618

Trade creditors

1,559

532

Taxation and social security

198

621

Other creditors

85,318

90,318

87,075

93,089

7.	SECURED DEBTS

The following secured debts are included within creditors:

2018

2017

£

£

Bank overdraft

-

1,618

The bank overdraft is secured by the personal guarantee of Mr M I Bunyan.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

2

Ordinary

£1

2

2