Registered Number
:
04644111
|
For the year ended 31 January 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2018
Bedford Fabrics Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Bedford Fabrics Limited
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
114,954
89,414
2
114,954
89,414
106,467
82,328
3
Trade and other receivables
|
15,137
8,279
4
55,579
Cash and cash equivalents
|
73,686
164,293
177,183
Trade and other payables
:
amounts falling due within one
|
year
|
(69,268)
(63,484)
5
107,915
100,809
Net current assets
Total assets less current liabilities
|
215,763
197,329
Trade and other payables
:
amounts falling due after more
|
than one year
|
(92,947)
(107,308)
6
(544)
-
Provisions for liabilities
|
107,911
Net assets
104,382
100
100
107,811
104,282
107,911
104,382
Shareholders' funds
For the year ended 31 January 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 29 October 2018 and were signed by:
|
1 of 5
For the year ended 31 January 2018
Bedford Fabrics Limited
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 5
For the year ended 31 January 2018
Bedford Fabrics Limited
Notes to the Financial Statements
Statutory Information
Bedford Fabrics Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
04644111
.
|
3 Haydock Street
St Helens
Merseyside
WA10 1DD
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks 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.
|
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.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
|
3 of 5
For the year ended 31 January 2018
Bedford Fabrics Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
110,648
2,291
5,182
14,175
89,000
31,442
1,046
4,705
16,791
8,900
-
-
(14,175)
-
(14,175)
16,791
9,887
3,337
127,915
97,900
Provision for depreciation and impairment
|
21,234
1,877
5,182
14,175
-
Charge for year
5,902
763
941
4,198
-
(14,175)
-
-
(14,175)
-
12,961
2,640
6,123
4,198
-
97,900
12,593
3,764
697
114,954
89,000
-
-
414
89,414
2017
2018
82,328
106,467
4
.
Trade and other receivables
|
2017
2018
6,350
12,609
1,929
2,528
15,137
8,279
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
6,714
11,733
Taxation and social security
|
3,426
7,322
53,344
50,213
63,484
69,268
4 of 5
For the year ended 31 January 2018
Bedford Fabrics Limited
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2017
2018
107,308
92,947
5 of 5