Company Registration No. 09884423 (England and Wales)
Ginger & Browns Ltd
Unaudited accounts
for the year ended 30 November 2017
Ginger & Browns Ltd
Unaudited accounts
Contents
Ginger & Browns Ltd
Company Information
for the year ended 30 November 2017
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
Carl Mills Accountants
The Courtyard
Earl Road
Cheadle Hulme
Cheshire
SK8 6GN
Ginger & Browns Ltd
Statement of financial position
as at
30 November 2017
Tangible assets
4,535
5,762
Inventories
18,049
12,666
Cash at bank and in hand
3,817
4,207
Creditors: amounts falling due within one year
(10,787)
(332)
Net current assets
12,235
17,104
Total assets less current liabilities
16,770
22,866
Creditors: amounts falling due after more than one year
(27,629)
(30,000)
Net liabilities
(10,859)
(7,134)
Profit and loss account
(10,859)
(7,134)
Shareholders' funds
(10,859)
(7,134)
For the year ending 30 November 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 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.
Approved by the Board on 6 July 2018.
Mr. Joshua Beeston
Director
Company Registration No. 09884423
Ginger & Browns Ltd
Notes to the Accounts
for the year ended 30 November 2017
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.
These financial statements for the year ended
30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 23 November 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note
10 below.
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%
Ginger & Browns Ltd
Notes to the Accounts
for the year ended 30 November 2017
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2016
5,280
2,307
7,587
At 30 November 2017
5,804
2,577
8,381
At 1 December 2016
1,056
769
1,825
Charge for the year
1,162
859
2,021
At 30 November 2017
2,218
1,628
3,846
At 30 November 2017
3,586
949
4,535
At 30 November 2016
4,224
1,538
5,762
Finished goods
18,049
12,666
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
787
332
Loans from directors
10,000
-
8
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
27,600
30,000
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
10
Reconciliations on adoption of FRS 102