Shalynn Cattery & Pet Centre Ltd
|
For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06122882
Shalynn Cattery & Pet Centre Ltd
For the year ended 31 March 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Shalynn Cattery & Pet Centre Ltd
Accountants' Report
For the year ended 31 March 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended
31
|
March
2016
and you consider that the company is exempt from an audit under the Companies Act
2006
.
|
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you to fulfil
|
your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
PJR Accountancy Services
1st Floor Offices
16-18 West Street
Rochford
Essex
SS4 1AJ
20 September 2016
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Abbreviated Balance Sheet
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Shalynn Cattery & Pet Centre Ltd
2016
2015
2
37,250
46,750
3
130,925
135,075
168,175
181,825
2,650
2,325
2,100
3,200
21,714
17,834
27,239
22,584
Creditors
:
amounts falling due within one year
|
(14,806)
(15,700)
7,778
11,539
Net current assets
Total assets less current liabilities
|
179,714
189,603
Creditors
:
amounts falling due after more than one year
|
4
(180,893)
(175,898)
3,816
Net assets
8,710
100
100
3,716
8,610
3,816
8,710
Shareholders funds
For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
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2) The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
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Date approved by the board: 20 September 2016
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Mrs Lynn Scarlett-Tobin Director
|
Signed on behalf of the board of directors
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2 of 4
Notes to the Abbreviated Financial Statements
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Shalynn Cattery & Pet Centre Ltd
For the year ended 31 March 2016
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the
|
shareholders prior to the balance sheet date
.
|
Acquired goodwill is stated at cost less amortisation
.
Amortisation is calculated on a straight line basis over the estimated
|
expected useful economic life of the goodwill of
10
years
.
|
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:
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Plant and Machinery
Computer Equipment
Motor Vehicles
Fixtures and Fittings
No depreciation is provided on the company
'
s freehold properties since in the opinion of the directors the expected useful lives are
|
sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial
.
The
|
directors undertake an annual impairment review of these properties
.
|
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.
|
3 of 4
Notes to the Abbreviated Financial Statements
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Shalynn Cattery & Pet Centre Ltd
For the year ended 31 March 2016
2
Intangible fixed assets
|
95,000
95,000
48,250
9,500
Charge for year
57,750
37,250
46,750
175,767
1,080
176,847
40,692
5,230
Charge for year
45,922
130,925
135,075
2015
2016
4
Creditors due after more than one year
|
116,028
125,093
4 of 4