Company Registration No. 09884423 (England and Wales)
Ginger & Browns Ltd
Unaudited accounts
for the year ended 30 November 2019
Ginger & Browns Ltd
Unaudited accounts
Contents
Ginger & Browns Ltd
Company Information
for the year ended 30 November 2019
Directors
Mr. Joshua Beeston
Ms. Rachel Spencer
Company Number
09884423 (England and Wales)
Registered Office
WORKSHOP 11 BLAKEMERE VILLAGE, CHESTER R
SANDIWAY
NORTHWICH
CHESHIRE
CW8 2EB
ENGLAND
Accountants
AXT Accountants
5300 Lakeside
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3GP
Ginger & Browns Ltd
Statement of financial position
as at
30 November 2019
Tangible assets
9,830
2,918
Inventories
17,602
18,025
Cash at bank and in hand
2,326
3,831
Creditors: amounts falling due within one year
(14,239)
(16,183)
Net current assets
9,353
7,481
Total assets less current liabilities
19,183
10,399
Creditors: amounts falling due after more than one year
(32,800)
(23,315)
Provisions for liabilities
Net liabilities
(14,402)
(13,471)
Profit and loss account
(14,402)
(13,471)
Shareholders' funds
(14,402)
(13,471)
For the year ending 30 November 2019 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2020 and were signed on its behalf by
Mr. Joshua Beeston
Director
Company Registration No. 09884423
Ginger & Browns Ltd
Notes to the Accounts
for the year ended 30 November 2019
Ginger & Browns Ltd is a private company, limited by shares, registered in England and Wales, registration number 09884423. The registered office is WORKSHOP 11 BLAKEMERE VILLAGE, CHESTER R, SANDIWAY, NORTHWICH, CHESHIRE, CW8 2EB, ENGLAND.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33%
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Ginger & Browns Ltd
Notes to the Accounts
for the year ended 30 November 2019
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2018
5,804
3,182
8,986
Additions
7,479
3,571
11,050
At 30 November 2019
13,283
6,753
20,036
At 1 December 2018
3,379
2,689
6,068
Charge for the year
2,656
1,482
4,138
At 30 November 2019
6,035
4,171
10,206
At 30 November 2019
7,248
2,582
9,830
At 30 November 2018
2,425
493
2,918
Finished goods
17,602
18,025
Trade debtors
2,649
1,808
7
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
364
1,183
Loans from directors
9,300
15,000
8
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
32,800
22,800
9
Average number of employees
During the year the average number of employees was 3 (2018: 2).