Company Registration No. 10342048 (England and Wales)
Fox House Retreat Ltd
Unaudited accounts
for the year ended 30 November 2019
Fox House Retreat Ltd
Unaudited accounts
Contents
Fox House Retreat Ltd
Company Information
for the year ended 30 November 2019
Company Number
10342048 (England and Wales)
Registered Office
Tauro
Trewint Road
Menheniot
Cornwall
PL14 3RJ
Accountants
Beverston
C1 Apollo Court
Neptune Park, Cattedown
Plymouth
Devon
PL4 0SJ
Fox House Retreat Ltd
Statement of financial position
as at
30 November 2019
Tangible assets
114,478
127,444
Inventories
19,500
16,000
Cash at bank and in hand
2,356
-
Creditors: amounts falling due within one year
(50,841)
(95,234)
Net current liabilities
(14,116)
(79,234)
Total assets less current liabilities
100,362
48,210
Creditors: amounts falling due after more than one year
(94,421)
(42,494)
Called up share capital
1
1
Profit and loss account
5,940
5,715
Shareholders' funds
5,941
5,716
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 director acknowledges his 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 31 May 2020.
S J Elliott
Director
Company Registration No. 10342048
Fox House Retreat Ltd
Notes to the Accounts
for the year ended 30 November 2019
Fox House Retreat Ltd is a private company, limited by shares, registered in England and Wales, registration number 10342048. The registered office is Tauro, Trewint Road, Menheniot, Cornwall, PL14 3RJ.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
10% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to sell.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2018
27,416
128,893
156,309
At 30 November 2019
27,416
128,893
156,309
At 1 December 2018
10,373
18,492
28,865
Charge for the year
4,263
8,703
12,966
At 30 November 2019
14,636
27,195
41,831
At 30 November 2019
12,780
101,698
114,478
At 30 November 2018
17,043
110,401
127,444
Fox House Retreat Ltd
Notes to the Accounts
for the year ended 30 November 2019
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
6,327
11,823
- Fixtures & fittings
-
5,989
Finished goods
19,500
16,000
Accrued income and prepayments
2,825
-
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
22,062
25,639
Trade creditors
9,932
47,095
Taxes and social security
13,629
7,890
Other creditors
2,468
11,860
8
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
90,174
34,098
9
Share capital
2019
2018
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 16 (2018: 12).