Company Registration No. 05268237 (England and Wales)
Vintage Cowboy Ltd
Unaudited accounts
for the year ended 31 December 2017
Vintage Cowboy Ltd
Unaudited accounts
Contents
Vintage Cowboy Ltd
Company Information
for the year ended 31 December 2017
Director
Paul Jerome O'Hea
Secretary
Emma Mary Goldsmith
Company Number
05268237 (England and Wales)
Registered Office
Tor Hatch
Sandy Lane
Shere
Guildford
GU5 9QL
Accountants
Mad About Book-Keeping Limited
The Parade
Petersfield Road
Whitehill
Hampshire
GU35 9AR
Vintage Cowboy Ltd
Statement of financial position
as at
31 December 2017
Tangible assets
4,025
3,400
Inventories
27,000
40,000
Cash at bank and in hand
1,399
90
Creditors: amounts falling due within one year
(670,704)
(661,836)
Net current liabilities
(642,305)
(621,746)
Net liabilities
(638,280)
(618,346)
Called up share capital
2
2
Profit and loss account
(638,282)
(618,348)
Shareholders' funds
(638,280)
(618,346)
For the year ending 31 December 2017 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 September 2018.
Paul Jerome O'Hea
Director
Company Registration No. 05268237
Vintage Cowboy Ltd
Notes to the Accounts
for the year ended 31 December 2017
Vintage Cowboy Ltd is a private company, limited by shares, registered in England and Wales, registration number 05268237. The registered office is Tor Hatch, Sandy Lane, Shere, Guildford, GU5 9QL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% reducing balance
Plant & machinery
20% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
The director has advised that he will not look to withdraw his loan account for the foreseeable future.
Vintage Cowboy Ltd
Notes to the Accounts
for the year ended 31 December 2017
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2017
5,759
9,508
3,908
-
19,175
Additions
-
-
-
1,286
1,286
At 31 December 2017
5,759
9,508
3,908
1,286
20,461
At 1 January 2017
2,359
9,508
3,908
-
15,775
Charge for the year
340
-
-
321
661
At 31 December 2017
2,699
9,508
3,908
321
16,436
At 31 December 2017
3,060
-
-
965
4,025
At 31 December 2016
3,400
-
-
-
3,400
Finished goods
27,000
40,000
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
-
(5,002)
Other creditors
1,098
4,564
Loans from directors
669,106
651,826
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
(651,826)
8,567
25,847
(669,106)
(651,826)
8,567
25,847
(669,106)
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).