Company Registration No. 10342048 (England and Wales)
Fox House Retreat Ltd
Unaudited accounts
for the period from 23 August 2016 to 30 November 2017
Fox House Retreat Ltd
Unaudited accounts
Contents
Fox House Retreat Ltd
Company Information
for the period from 23 August 2016 to 30 November 2017
Company Number
10342048 (England and Wales)
Registered Office
Tauro
Trewint Road
Menheniot
Cornwall
PL14 3RJ
Accountants
Beverston
City Business Park
Somerset Place
Plymouth
Devon
PL3 4BB
Fox House Retreat Ltd
Statement of financial position
as at
30 November 2017
Cash at bank and in hand
24,067
Creditors: amounts falling due within one year
(25,602)
Net current assets
12,036
Total assets less current liabilities
108,673
Creditors: amounts falling due after more than one year
(103,859)
Called up share capital
1
Profit and loss account
4,813
Shareholders' funds
4,814
For the period 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 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 17 May 2018.
S J Elliott
Director
Company Registration No. 10342048
Fox House Retreat Ltd
Notes to the Accounts
for the period from 23 August 2016 to 30 November 2017
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 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
Additions
21,976
89,060
111,036
At 30 November 2017
21,976
89,060
111,036
Charge for the period
5,493
8,906
14,399
At 30 November 2017
5,493
8,906
14,399
At 30 November 2017
16,483
80,154
96,637
Fox House Retreat Ltd
Notes to the Accounts
for the period from 23 August 2016 to 30 November 2017
Carrying values included above held under finance leases and hire purchase contracts:
£
- Plant & machinery
15,765
- Fixtures & fittings
6,654
6
Creditors: amounts falling due within one year
2017
Bank loans and overdrafts
9,159
Taxes and social security
544
Loans from directors
5,098
7
Creditors: amounts falling due after more than one year
2017
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
9
Transactions with related parties
Included within Creditors Due Within One Year is a Director's loan account balance of £5,098. No interest has been charged.
Included within Creditors Due Within After One Year is loan from C.E. Builders Limited, which is a company in which S J Elliott is director and shareholder. The amount due at the year end is £85,352. No interest has been charged.
10
Average number of employees
During the period the average number of employees was 9.