Company Registration No. 05129624 (England and Wales)
Coniston Fudge Company Ltd
Unaudited accounts
for the year ended 5 April 2017
Coniston Fudge Company Ltd
Unaudited accounts
Contents
Coniston Fudge Company Ltd
Company Information
for the year ended 5 April 2017
Company Number
05129624 (England and Wales)
Registered Office
6 YEWDALE ROAD
CONISTON
CUMBRIA
LA21 8DU
Accountants
Smeaton & Holmes Ltd
Market Street House
72 Market Street
Dalton-in-Furness
Cumbria
LA15 8AA
Coniston Fudge Company Ltd
Statement of financial position
as at
5 April 2017
Cash at bank and in hand
622
1,101
Creditors: amounts falling due within one year
(150)
(403)
Net current assets
3,058
2,339
Profit and loss account
3,556
3,004
Shareholders' funds
3,558
3,006
For the year ending 5 April 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 10 July 2017.
Mr P Glennon
Director
Company Registration No. 05129624
Coniston Fudge Company Ltd
Notes to the Accounts
for the year ended 5 April 2017
Coniston Fudge Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 05129624. The registered office and principal place of business is 6 YEWDALE ROAD, CONISTON, CUMBRIA, LA21 8DU.
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 5 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 6 April 2016.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Coniston Fudge Company Ltd
Notes to the Accounts
for the year ended 5 April 2017
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 6 April 2016
1,715
3,025
4,740
At 5 April 2017
1,715
3,025
4,740
At 6 April 2016
1,587
2,486
4,073
Charge for the year
32
135
167
At 5 April 2017
1,619
2,621
4,240
At 5 April 2017
96
404
500
At 5 April 2016
128
539
667
Trade debtors
1,680
1,000
7
Creditors: amounts falling due within one year
2017
2016
Loans from directors
-
253
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).