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FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 30 APRIL 2017 |
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TIMBERSTORE PRESERVATION LIMITED |
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REGISTERED NUMBER:
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FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 30 APRIL 2017 |
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FOR |
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TIMBERSTORE PRESERVATION LIMITED |
TIMBERSTORE PRESERVATION LIMITED (REGISTERED NUMBER: 06731201) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2017 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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TIMBERSTORE PRESERVATION LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 30 APRIL 2017 |
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DIRECTORS: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
Fulford House |
Newbold Terrace |
Leamington Spa |
Warwickshire |
CV32 4EA |
TIMBERSTORE PRESERVATION LIMITED (REGISTERED NUMBER: 06731201) |
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BALANCE SHEET |
30 APRIL 2017 |
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2017 | 2016 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
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Debtors | 4 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 5 |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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( |
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CAPITAL AND RESERVES |
Called up share capital | 6 |
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Retained earnings | 7 | ( |
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SHAREHOLDERS' FUNDS | ( |
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The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps 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 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. |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
by: |
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TIMBERSTORE PRESERVATION LIMITED (REGISTERED NUMBER: 06731201) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2017 |
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1. | STATUTORY INFORMATION |
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Timberstore Preservation Limited is a
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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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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
slow moving items. |
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Going concern |
Due to the net current liability, the company is reliant on the support of companies under common control. The |
director's have indicated that funds will not be withdrawn, until such time that the company can afford to make |
the repayments. |
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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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4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
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Amounts owed by participating interests |
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Other debtors |
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Prepayments |
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TIMBERSTORE PRESERVATION LIMITED (REGISTERED NUMBER: 06731201) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2017 |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade creditors |
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Amounts owed to participating interests |
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Tax |
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Social security and other taxes |
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VAT |
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Other creditors |
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Accruals and deferred income |
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6. | 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 | 500 | 500 |
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Ordinary 'B' | £1 | 500 | 500 |
1,000 | 1,000 |
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7. | RESERVES |
Retained |
earnings |
£ |
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At 1 May 2016 | ( |
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Profit for the year |
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At 30 April 2017 | ( |
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TIMBERSTORE PRESERVATION LIMITED (REGISTERED NUMBER: 06731201) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2017 |
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8. | RELATED PARTY DISCLOSURES |
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Timberstore Limited |
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During the year management charges amounting to £nil (2016 £120,000) were charged rom Timberstore |
Limited. |
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At 30 April 2017 an amount of £ £73,237 (2016 £11,285) was due to Timberstore Limited. |
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Timberstore Limited is a company controlled by Mr I N Caldwell and Mr M R Metcalfe. |
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Capital Forest Products Limited |
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During the year purchases amounting to £193,958 (2016 £210,930), hire charges amounting to £108,950 (2016 |
£84,150) and management charges amounting to £30,000 (2016 £nil) were charged rom Capital Forest |
Products Limited. |
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At 30 April 2017 an amount of £ £64,050 (2016 £195,334 due from) was due from Capital Forest Products |
Limited. |
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Capital Forest Products Limited is a company controlled by Mr I N Caldwell and Mr M R Metcalfe. |
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C & M Consultancy |
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During the year management charges amounting to £64,119 (2016 £58,074) were charged from C & M |
Consultancy. |
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C & M Consultancy is a partnership between Mr I N Caldwell and Mr M R Metcalfe. |
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Timberstore Rowfant Limited |
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At 30 April 2017 an amount of £15,027 (2016 £1,737) was due from Timberstore Rowfant Limited. |
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Timberstore Rowfant Limited is a company controlled by Mr I N Caldwell and Mr M R Metcalfe. |