REGISTERED NUMBER:
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FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31 MARCH 2020 |
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AGE UK WARWICKSHIRE (TRADING) |
LIMITED |
REGISTERED NUMBER:
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FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31 MARCH 2020 |
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FOR |
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AGE UK WARWICKSHIRE (TRADING) |
LIMITED |
AGE UK WARWICKSHIRE (TRADING) |
LIMITED (REGISTERED NUMBER: 03195527) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 March 2020 |
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Page |
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Company Information | 1 |
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Abridged Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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AGE UK WARWICKSHIRE (TRADING) |
LIMITED |
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COMPANY INFORMATION |
for the year ended 31 March 2020 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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SENIOR STATUTORY AUDITOR: |
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AUDITORS: |
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Chartered Accountants and Statutory Auditor |
Highdown House |
11 Highdown Road |
Leamington Spa |
Warwickshire |
CV31 1XT |
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BANKERS: |
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Stratford-upon-Avon Branch |
South Warwickshire Group of Branches |
150 The Parade |
Leamington Spa |
Warwickshire |
CV32 4AZ |
AGE UK WARWICKSHIRE (TRADING) |
LIMITED (REGISTERED NUMBER: 03195527) |
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ABRIDGED BALANCE SHEET |
31 March 2020 |
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2020 | 2019 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital |
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SHAREHOLDERS' FUNDS |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors and authorised for issue on
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AGE UK WARWICKSHIRE (TRADING) |
LIMITED (REGISTERED NUMBER: 03195527) |
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NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 March 2020 |
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1. | STATUTORY INFORMATION |
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Age UK Warwickshire (Trading) Limited is a
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Related party exemption |
As Age UK Warwickshire (Trading) Limited is a wholly owned subsidiary of Age UK Coventry & Warwickshire, a company registered in England and Wales (Charity No: 1090007; Company No: 04221822) and as the consolidated accounts of Age UK Coventry & Warwickshire are publically available, advantage has been taken of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with other group companies. |
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Turnover |
Turnover is stated at the fair value of consideration received or receivable net of VAT. |
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Sale of goods: |
Income is recognised on catering sales as it becomes receivable or due. |
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Tangible fixed assets |
Depreciation is provided on all tangible assets at rates calculated to write off the cost over its estimated useful life as follows: |
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Computer equipment 4 years |
Other equipment 10 years |
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Financial instruments |
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. |
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Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement. |
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Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
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Current or deferred taxation assets and liabilities are not discounted. |
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Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
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AGE UK WARWICKSHIRE (TRADING) |
LIMITED (REGISTERED NUMBER: 03195527) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 March 2020 |
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2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
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Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
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Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
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Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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4. | TANGIBLE FIXED ASSETS |
Totals |
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COST |
At 1 April 2019 |
and 31 March 2020 |
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DEPRECIATION |
At 1 April 2019 |
and 31 March 2020 |
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NET BOOK VALUE |
At 31 March 2020 |
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At 31 March 2019 |
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5. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
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The Report of the Auditors was unqualified. |
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for and on behalf of
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6. | PENSION COMMITMENTS |
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There were no outstanding pension contributions at the end of the financial year, nor in the prior year. |
AGE UK WARWICKSHIRE (TRADING) |
LIMITED (REGISTERED NUMBER: 03195527) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 March 2020 |
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7. | ULTIMATE CONTROLLING PARTY |
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The company's ultimate parent undertaking is, Age UK Coventry & Warwickshire, a charitable company limited by guarantee in England and Wales. |
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Age UK Coventry & Warwickshire consolidates these financial statements, and are available on request from the registered office address: |
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8 Clemens Street |
Leamington Spa |
Warwickshire |
CV31 2DL |