Wild About Mushrooms Ltd - Accounts to registrar (filleted) - small 18.2
Wild About Mushrooms Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 April 2018 |
| for |
| WILD ABOUT MUSHROOMS LTD |
| WILD ABOUT MUSHROOMS LTD (REGISTERED NUMBER: 08020948) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| WILD ABOUT MUSHROOMS LTD |
| Company Information |
| for the Year Ended 30 April 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Oxford House |
| 15-17 Mount Ephraim Road |
| Tunbridge Wells |
| Kent |
| TN1 1EN |
| WILD ABOUT MUSHROOMS LTD (REGISTERED NUMBER: 08020948) |
| Balance Sheet |
| 30 April 2018 |
| 30.4.18 | 30.4.17 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 3 |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| WILD ABOUT MUSHROOMS LTD (REGISTERED NUMBER: 08020948) |
| Balance Sheet - continued |
| 30 April 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| WILD ABOUT MUSHROOMS LTD (REGISTERED NUMBER: 08020948) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2018 |
| 1. | STATUTORY INFORMATION |
| Wild About Mushrooms Ltd 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 |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is not recognised in respect of all material timing differences that have originated but not reversed |
| at the balance sheet date as this is considered to be immaterial. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 May 2017 |
| and 30 April 2018 |
| AMORTISATION |
| At 1 May 2017 |
| Amortisation for year |
| At 30 April 2018 |
| NET BOOK VALUE |
| At 30 April 2018 |
| At 30 April 2017 |
| WILD ABOUT MUSHROOMS LTD (REGISTERED NUMBER: 08020948) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Computer |
| machinery | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 May 2017 |
| Additions |
| At 30 April 2018 |
| DEPRECIATION |
| At 1 May 2017 |
| Charge for year |
| At 30 April 2018 |
| NET BOOK VALUE |
| At 30 April 2018 |
| At 30 April 2017 |
| 5. | STOCKS |
| 30.4.18 | 30.4.17 |
| £ | £ |
| Stocks |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.18 | 30.4.17 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Directors' current accounts | 2,704 | 2,704 |
| S455 Tax |
| VAT |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.18 | 30.4.17 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Tax |
| Other creditors |
| Directors' current accounts | 2,246 | 2,958 |
| Accrued expenses |
| WILD ABOUT MUSHROOMS LTD (REGISTERED NUMBER: 08020948) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.18 | 30.4.17 |
| value: | £ | £ |
| Ordinary | 1 | 200 | 200 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 May 2017 |
| Deficit for the year | ( |
) |
| At 30 April 2018 |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30 April 2018 and 30 April 2017: |
| 30.4.18 | 30.4.17 |
| £ | £ |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts repaid | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | ( |
) | ( |
) |
| 11. | RELATED PARTY DISCLOSURES |
| During the year, the company made sales of £2,573 (2017: £2,244) and purchases of £28,905 (2017: £137,795) |
| to/from Food Team International Limited, a company under the control of a family member of one of the directors. |
| 12. | ULTIMATE CONTROLLING PARTY |
| The company is under the control of the directors. |