Registered Number
:
09828971
|
For the year ended 31 March 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2018
Swinton Carpets Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Swinton Carpets Ltd
Statement of Financial Position
2017
2018
51,352
58,124
2
Property
,
plant and equipment
|
3,819
2,683
3
55,171
60,807
98,848
94,976
4
Trade and other receivables
|
33,899
32,331
5
13,035
Cash and cash equivalents
|
16,277
143,584
145,782
Trade and other payables
:
amounts falling due within one year
|
(201,557)
(195,099)
6
(55,775)
(51,515)
Net current liabilities
Total assets less current liabilities
|
3,656
5,032
3,656
Net assets
5,032
1
1
3,655
5,031
3,656
5,032
Shareholders' funds
For the year ended 31 March 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 March 2018 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.
|
Miss Natalie Banks Director
|
These financial statements were approved and authorised for issue by the Board on 08 November 2018 and were signed by:
|
The notes form part of these financial statements
|
1 of 4
For the year ended 31 March 2018
Swinton Carpets Ltd
Notes to the Financial Statements
Statutory Information
Swinton Carpets Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
09828971
.
|
Unit 3-5 Rowms Lane
Swinton
Mexborough
S64 8AA
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 0, 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:
|
Land and buildings
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.
|
2 of 4
For the year ended 31 March 2018
Swinton Carpets Ltd
Notes to the Financial Statements Continued
2
.
Intangible fixed assets
|
Goodwill
67,717
67,717
9,593
6,772
Charge for year
16,365
51,352
58,124
3
.
Property
,
plant and equipment
|
Motor vehicles
Land and buildings
4,085
1,490
2,595
-
2,000
-
-
2,000
2,000
2,595
1,490
6,085
Provision for depreciation and impairment
|
1,402
50
1,352
-
Charge for year
864
149
648
67
2,266
199
2,000
67
1,933
595
1,291
3,819
-
1,243
1,440
2,683
2017
2018
94,976
98,848
3 of 4
For the year ended 31 March 2018
Swinton Carpets Ltd
Notes to the Financial Statements Continued
5
.
Trade and other receivables
|
2017
2018
252
241
32,079
33,658
33,899
32,331
6
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
134,240
133,865
Taxation and social security
|
12,970
13,916
47,889
53,776
195,099
201,557
4 of 4