Company Registration No. 12172093 (England and Wales)
Lampeter Shooting Sports Ltd
Unaudited accounts
for the year ended 31 August 2020
Lampeter Shooting Sports Ltd
Unaudited accounts
Contents
Lampeter Shooting Sports Ltd
Statement of financial position
as at
31 August 2020
Cash at bank and in hand
6,511
Creditors: amounts falling due within one year
(4,475)
Net current assets
19,953
Total assets less current liabilities
22,549
Creditors: amounts falling due after more than one year
(44,501)
Profit and loss account
(21,852)
Shareholders' funds
(21,952)
For the year ending 31 August 2020 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.
The financial statements were approved by the Board and authorised for issue on 14 December 2020 and were signed on its behalf by
Mr Jason Davies
Director
Company Registration No. 12172093
Lampeter Shooting Sports Ltd
Notes to the Accounts
for the year ended 31 August 2020
Lampeter Shooting Sports Ltd is a private company, limited by shares, registered in England and Wales, registration number 12172093. The registered office is UNIT 1 FIVE COURTS, HARFORD SQUARE, LAMPETER, CEREDIGION, SA48 7DT, WALES.
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 31 August 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2019.
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 the notes 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.
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:
Lampeter Shooting Sports Ltd
Notes to the Accounts
for the year ended 31 August 2020
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
6
Creditors: amounts falling due within one year
2020
7
Creditors: amounts falling due after more than one year
2020
8
Average number of employees
During the year the average number of employees was 0.