Points of Sale (Chesterfield) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02671032 (England and Wales)

POINTS OF SALE (CHESTERFIELD) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2018

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D L Jowle

Mrs S Jowle

Mrs S L Weston

SECRETARY:

Mrs S L Weston

REGISTERED OFFICE:

The Old Priory

4 Hall Drive

Sutton Scarsdale

Chesterfield

Derbyshire

S44 5UR

REGISTERED NUMBER:

02671032 (England and Wales)

ACCOUNTANTS:

Mr A K Fawbert FCA for Fawbert Adams

Chartered Accountants

43 Clarence Road

Chesterfield

Derbyshire

S40 1LQ

FIXED ASSETS

Investment property

3

35,919

35,919

CURRENT ASSETS

Debtors

138,097

136,900

Cash at bank

83,271

99,936

221,368

236,836

CREDITORS

Amounts falling due within one year

(2,096

)

(10,410

)

NET CURRENT ASSETS

219,272

226,426

TOTAL ASSETS LESS CURRENT LIABILITIES

255,191

262,345

CAPITAL AND RESERVES

Called up share capital

10,100

10,100

Revaluation reserve

4

71,975

71,975

Retained earnings

173,116

180,270

SHAREHOLDERS' FUNDS

255,191

262,345

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

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

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.

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th April 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 28th January 2019 and were signed on its behalf by:

D L Jowle - Director

1.	STATUTORY INFORMATION

Points of Sale (Chesterfield) 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in profit or loss.

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.

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.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st May 2017

and 30th April 2018

35,919

NET BOOK VALUE

At 30th April 2018

35,919

At 30th April 2017

35,919

The investment properties were valued by the directors at 30 April 2013.

4.

RESERVES

Revaluation

reserve

£

At 1st May 2017

and 30th April 2018

71,975