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FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 30 NOVEMBER 2017 |
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BARRETTS GLASS AND WINDOW CENTRE LIMITED |
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REGISTERED NUMBER:
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FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 30 NOVEMBER 2017 |
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FOR |
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BARRETTS GLASS AND WINDOW CENTRE LIMITED |
BARRETTS GLASS AND WINDOW CENTRE LIMITED (REGISTERED NUMBER: 04304614) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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BARRETTS GLASS AND WINDOW CENTRE LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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18 High West Street |
Dorchester |
Dorset |
DT1 1UW |
BARRETTS GLASS AND WINDOW CENTRE LIMITED (REGISTERED NUMBER: 04304614) |
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BALANCE SHEET |
30 NOVEMBER 2017 |
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2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
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Tangible assets | 5 |
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CURRENT ASSETS |
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 7 |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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PROVISIONS FOR LIABILITIES | 9 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 10 |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
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ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and |
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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. |
BARRETTS GLASS AND WINDOW CENTRE LIMITED (REGISTERED NUMBER: 04304614) |
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BALANCE SHEET - continued |
30 NOVEMBER 2017 |
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In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
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The financial statements were approved by the Board of Directors on
by: |
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BARRETTS GLASS AND WINDOW CENTRE LIMITED (REGISTERED NUMBER: 04304614) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
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1. | STATUTORY INFORMATION |
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Barretts Glass and Window Centre Limited is a
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and Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
rebates, value added tax and other sales taxes. |
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Goodwill |
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Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at |
cost less any accumulated amortisation and any accumulated impairment losses. |
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Tangible fixed assets |
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Plant & equipment | - |
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Motor vehicles | - |
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Office equipment | - |
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Stocks |
Stocks and work in progress are valued at the lower of cost and net realisable value,after making due |
allowance for obsolete and slow moving items.Cost includes all direct costs and an appropriate proportion |
of fixed and variable overheads and in the case of work in progress a proportion of attributable profit. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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BARRETTS GLASS AND WINDOW CENTRE LIMITED (REGISTERED NUMBER: 04304614) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
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4. | INTANGIBLE FIXED ASSETS |
Goodwill |
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COST |
At 1 December 2016 |
and 30 November 2017 |
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AMORTISATION |
At 1 December 2016 |
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Amortisation for year |
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At 30 November 2017 |
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NET BOOK VALUE |
At 30 November 2017 |
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At 30 November 2016 |
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5. | TANGIBLE FIXED ASSETS |
Plant & | Motor | Office |
equipment | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 December 2016 |
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Additions |
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At 30 November 2017 |
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DEPRECIATION |
At 1 December 2016 |
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Charge for year |
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At 30 November 2017 |
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NET BOOK VALUE |
At 30 November 2017 |
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At 30 November 2016 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
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Directors' current accounts | 20,767 | 19,300 |
Section 455 tax recoverable |
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Prepayments |
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BARRETTS GLASS AND WINDOW CENTRE LIMITED (REGISTERED NUMBER: 04304614) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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VAT | 1,087 | 2,584 |
Other creditors |
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Company credit card | 6,932 | 6,670 |
Accrued expenses |
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8. | SECURED DEBTS |
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The following secured debts are included within creditors: |
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2017 | 2016 |
£ | £ |
Bank overdrafts |
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9. | PROVISIONS FOR LIABILITIES |
2017 | 2016 |
£ | £ |
Deferred tax | 274 | 184 |
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Deferred |
tax |
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Balance at 1 December 2016 |
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Charge for the year | 90 |
Balance at 30 November 2017 |
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10. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
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Ordinary 'A' | £1 | 100 | 100 |
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Ordinary 'B' shares are non-voting shares. |
BARRETTS GLASS AND WINDOW CENTRE LIMITED (REGISTERED NUMBER: 04304614) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
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11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
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The following advances and credits to directors subsisted during the years ended 30 November 2017 and |
30 November 2016: |
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2017 | 2016 |
£ | £ |
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Balance outstanding at start of year |
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Amounts advanced |
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Amounts repaid | ( |
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Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
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Balance outstanding at start of year |
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Amounts advanced |
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Amounts repaid | ( |
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Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
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