|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ST BARNABAS PROMOTIONS LIMITED |
|
FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 MARCH 2019 |
|
|
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ST BARNABAS PROMOTIONS LIMITED |
|
FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 MARCH 2019 |
|
|
|
|
|
ST BARNABAS PROMOTIONS LIMITED (REGISTERED NUMBER: 03201001) |
|
|
|
|
|
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2019 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 3 |
|
ST BARNABAS PROMOTIONS LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2019 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
SENIOR STATUTORY AUDITOR: |
|
|
|
AUDITORS: |
|
4 Henley Way |
Doddington Road |
Lincoln |
Lincolnshire |
LN6 3QR |
|
|
BANKERS: |
|
225 High Street |
Lincoln |
LN2 1AZ |
|
|
SOLICITORS: |
|
St Swithin's Court |
1 Flavian Road |
Lincoln |
Lincolnshire |
LN2 4GR |
ST BARNABAS PROMOTIONS LIMITED (REGISTERED NUMBER: 03201001) |
|
STATEMENT OF FINANCIAL POSITION |
31 MARCH 2019 |
|
2019 | 2018 |
Notes | £ | £ |
CURRENT ASSETS |
Inventories |
|
|
Debtors | 4 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 5 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 6 |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved and authorised for issue by the Board of Directors on
were signed on its behalf by: |
|
|
|
|
|
|
|
ST BARNABAS PROMOTIONS LIMITED (REGISTERED NUMBER: 03201001) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2019 |
|
1. | STATUTORY INFORMATION |
|
St Barnabas Promotions Limited is a
|
company's registered number and registered office address can be found on the Company Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Revenue |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
|
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company |
and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration |
received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following |
criteria must also be met before revenue is recognised: |
|
Sale of goods |
Revenue from the sale of goods is recognised when all of the following conditions are satisfied: |
• the Company has transferred the significant risks and rewards of ownership to the buyer; |
• the Company retains neither continuing managerial involvement to the degree usually associated with |
ownership nor effective control over the goods sold; |
• the amount of revenue can be measured reliably; |
• it is probable that the Company will receive the consideration due under the transaction; and |
• the costs incurred or to be incurred in respect of the transaction can be measured reliably. |
|
Interest income |
Interest income is recognised in the Statement of Comprehensive Income using the effective interest method. |
|
Stocks |
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to |
complete and sell. Cost is based on the cost of purchase on a first in, first out basis. |
|
At each statement of financial position date, stocks are assessed for impairment. If stock is impaired, the |
carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is |
recognised immediately in income statement. |
|
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 statement of financial position date. |
|
ST BARNABAS PROMOTIONS LIMITED (REGISTERED NUMBER: 03201001) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2019 |
|
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
statement of financial position 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. |
|
Pensions |
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension |
plan under which the Company pays fixed contributions into a separate entity. Once the contributions have |
been paid the Company has no further payment obligations. |
|
The contributions are recognised as an expense in the Statement of comprehensive Income when they fall due. |
Amounts not paid are shown in accruals as a liability in the statement of financial position The assets of the |
plan are held separately from the Company in independently administered funds. |
|
|
Taxable profits transferred to the parent entity, a registered charity, are recognised as distributions from |
equity when the company has made an irrecoverable commitment to the parent to pay the taxable profits. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Amounts owed by group undertakings |
|
|
Other debtors |
|
|
|
|
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade creditors |
|
|
Amounts owed to group undertakings |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
ST BARNABAS PROMOTIONS LIMITED (REGISTERED NUMBER: 03201001) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2019 |
|
6. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2019 | 2018 |
value: | £ | £ |
|
Ordinary | £1 | 2 | 2 |
|
7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
|
The Report of the Auditors was unqualified. |
|
|
for and on behalf of
|
|
8. | PENSION COMMITMENTS |
|
The company contributes to money purchase pension schemes, the assets of which are held separately from |
those of the company in independently administered funds. Unpaid contributions at the year end amounted to |
£497 (2018: £486). |
|
9. | ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY |
|
The company is controlled by St Barnabas Hospice Trust (Lincolnshire). |
|
The parent undertaking of the largest and smallest group for which consolidated accounts are prepared is St |
Barnabas Hospice Trust (Lincolnshire). Consolidated accounts are available from 36 Nettleham Road,Lincoln. |
|
In the opinion of the directors this is the company's ultimate parent company. |