Company Registration No. 03198371 (England and Wales)
HOME FRONT LIMITED
Unaudited accounts
for the year ended 31 October 2018
HOME FRONT LIMITED
Unaudited accounts
Contents
HOME FRONT LIMITED
Company Information
for the year ended 31 October 2018
Directors
JOHN SLATER
CHRISTINE SLATER
Company Number
03198371 (England and Wales)
Registered Office
Unit 4, Oakley Business Park,
Dinton Road Wylie,
Salisbury,
Wiltshire.
SP3 5EU
United Kingdom
Accountants
AMETHYST ACCOUNTANCY LIMITED
Guildford. UK
HOME FRONT LIMITED
Statement of financial position
as at
31 October 2018
Tangible assets
11,553
5,723
Inventories
28,793
39,870
Cash at bank and in hand
35,838
73,540
Creditors: amounts falling due within one year
(26,295)
(15,735)
Net current assets
112,634
107,486
Total assets less current liabilities
124,187
113,209
Provisions for liabilities
Deferred tax
(2,195)
(1,088)
Net assets
121,992
112,121
Called up share capital
150
150
Profit and loss account
121,842
111,971
Shareholders' funds
121,992
112,121
For the year ending 31 October 2018 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 directors acknowledge their 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 26 July 2019.
JOHN SLATER
Director
Company Registration No. 03198371
HOME FRONT LIMITED
Notes to the Accounts
for the year ended 31 October 2018
HOME FRONT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03198371. The registered office is Unit 4, Oakley Business Park,, Dinton Road Wylie,, Salisbury,, Wiltshire., SP3 5EU, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also 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 represents amounts receivable for goods and services net of VAT and trade discounts.
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
reducing balance method 15% to 50% per annum
Motor vehicles
reducing balance method 25% to 50% per annum
Fixtures & fittings
reducing balance method 5% to 50% per annum
HOME FRONT LIMITED
Notes to the Accounts
for the year ended 31 October 2018
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2017
9,270
-
6,925
16,195
Additions
33
7,160
292
7,485
At 31 October 2018
9,303
7,160
7,217
23,680
At 1 November 2017
4,663
-
5,809
10,472
Charge for the year
1,160
149
346
1,655
At 31 October 2018
5,823
149
6,155
12,127
At 31 October 2018
3,480
7,011
1,062
11,553
At 31 October 2017
4,607
-
1,116
5,723
Work in progress
28,793
39,870
Trade debtors
73,740
9,536
Accrued income and prepayments
558
275
7
Creditors: amounts falling due within one year
2018
2017
Trade creditors
1,594
1,305
Taxes and social security
17,843
12,146
Other creditors
4,247
746
Loans from directors
1,572
500
8
Deferred taxation
2018
2017
Accelerated capital allowances
2,195
1,088
HOME FRONT LIMITED
Notes to the Accounts
for the year ended 31 October 2018
Provision at start of year
1,088
-
Charged to the profit and loss account
1,107
1,088
Provision at end of year
2,195
1,088
9
Share capital
2018
2017
Allotted, called up and fully paid:
100 100 Ordinary shares "A" of £1 each of £1 each
100
100
50 50 Ordinary Shares "B" of £1 each of £1 each
50
50
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
500
31,572
30,500
1,572
11
Average number of employees
During the year the average number of employees was 3 (2017: 4).