Company Registration No. 12650966 (Wales)
BOUGHAN PANTEG STORES LIMITED
Unaudited accounts
for the period from 8 June 2020 to 30 June 2021
BOUGHAN PANTEG STORES LIMITED
Unaudited accounts
Contents
BOUGHAN PANTEG STORES LIMITED
Company Information
for the period from 8 June 2020 to 30 June 2021
Company Number
12650966 (Wales)
Registered Office
42/44 PANTEG ROAD
LLANELLI
CARMARTHENSHIRE
SA15 3TE
UNITED KINGDOM
Accountants
V3 Accounting Solutions Limited
10 St Helens Road
Swansea
SA1 4AW
BOUGHAN PANTEG STORES LIMITED
Statement of financial position
as at
30 June 2021
Cash at bank and in hand
(25)
Creditors: amounts falling due within one year
(70,257)
Net current liabilities
(16,044)
Called up share capital
100
Profit and loss account
(3,894)
Shareholders' funds
(3,794)
For the period ending 30 June 2021 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 3 March 2022 and were signed on its behalf by
Ashwinder Singh
Director
Company Registration No. 12650966
BOUGHAN PANTEG STORES LIMITED
Notes to the Accounts
for the period from 8 June 2020 to 30 June 2021
BOUGHAN PANTEG STORES LIMITED is a private company, limited by shares, registered in Wales, registration number 12650966. The registered office is 42/44 PANTEG ROAD, LLANELLI, CARMARTHENSHIRE, SA15 3TE, UNITED KINGDOM.
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 period from 8 June 2020 to 30 June 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 8 June 2020.
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:
Plant & machinery
25% on reducing basis
Fixtures & fittings
15% on reducing basis
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
5,000
10,000
15,000
At 30 June 2021
5,000
10,000
15,000
Charge for the period
1,250
1,500
2,750
At 30 June 2021
1,250
1,500
2,750
At 30 June 2021
3,750
8,500
12,250
BOUGHAN PANTEG STORES LIMITED
Notes to the Accounts
for the period from 8 June 2020 to 30 June 2021
5
Creditors: amounts falling due within one year
2021
Taxes and social security
74
Loans from directors
52,860
6
Average number of employees
During the period the average number of employees was 1.