Shalynn Cattery & Pet Centre Ltd
|
Registered Number
:
06122882
|
For the year ended 31 March 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2017
Shalynn Cattery & Pet Centre Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Shalynn Cattery & Pet Centre Ltd
Statement of Financial Position
2016
2017
27,750
37,250
2
Property
,
plant and equipment
|
127,100
130,925
3
154,850
168,175
2,325
895
Trade and other receivables
|
3,200
3,582
4
21,714
Cash and cash equivalents
|
37,079
41,556
27,239
Trade and other payables
:
amounts falling due within one year
|
(15,700)
(22,087)
5
11,539
19,469
Net current assets
Total assets less current liabilities
|
174,319
179,714
Trade and other payables
:
amounts falling due after more than one
|
year
|
(175,898)
(137,315)
6
37,004
Net assets
3,816
100
100
36,904
3,716
37,004
3,816
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.
|
Mrs Lynn Scarlett-Tobin Director
|
These financial statements were approved and authorised for issue by the Board on 13 July 2017 and were signed by:
|
1 of 5
For the year ended 31 March 2017
Shalynn Cattery & Pet Centre Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 5
For the year ended 31 March 2017
Shalynn Cattery & Pet Centre Ltd
Notes to the Financial Statements
Statutory Information
Shalynn Cattery
&
Pet Centre Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
06122882
.
|
Principal place of business
:
|
The Glen
6 Lincoln Road
Rochford
Essex
SS4 3AF
1st Floor Offices
16-18 West Street
Rochford
Essex
SS4 1AJ
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.
|
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009 and 2011, is being amortised evenly over its estimated useful life of 10 years.
|
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:
|
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
.
|
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.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Ultimate Controlling Party
The company
'
s ultimate controlling party is Lynn Scarlett
-
Tobin by virtue of her ownership of
100
%
of the issued share capital
|
in the company
.
|
3 of 5
For the year ended 31 March 2017
Shalynn Cattery & Pet Centre Ltd
Notes to the Financial Statements Continued
2
.
Intangible fixed assets
|
Goodwill
95,000
95,000
57,750
9,500
Charge for year
67,250
27,750
37,250
3
.
Property
,
plant and equipment
|
Motor vehicles
176,847
2,508
45,376
5,550
13,413
110,000
110,000
5,550
45,376
2,508
176,847
13,413
Provision for depreciation and impairment
|
45,922
1,251
30,518
4,400
9,753
-
Charge for year
3,825
251
2,612
230
732
-
49,747
1,502
33,130
4,630
10,485
-
110,000
2,928
920
12,246
1,006
127,100
110,000
3,660
1,150
14,858
1,257
130,925
4
.
Trade and other receivables
|
2016
2017
3,582
3,200
4 of 5
For the year ended 31 March 2017
Shalynn Cattery & Pet Centre Ltd
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
Taxation and social security
|
16,271
11,096
5,816
4,604
22,087
15,700
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2016
2017
97,279
116,028
40,036
59,870
137,315
175,898
5 of 5