Registered number: 4726550 | ||||||||
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FOR THE YEAR ENDED 30/04/2018 | ||||||||
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Prepared By: | ||||||||
Martin & Fahy | ||||||||
Chartered Certified Accountants | ||||||||
7 Milbanke Court | ||||||||
Milbanke Way | ||||||||
Bracknell | ||||||||
Berkshire | ||||||||
RG12 1RP |
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THE BAG 'N' BOX MAN LIMITED | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2018 | ||||||||
DIRECTORS | ||||||||
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SECRETARY | ||||||||
Debra Andrews | ||||||||
REGISTERED OFFICE | ||||||||
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Oxon | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 4726550 | ||||||||
ACCOUNTANTS | ||||||||
Martin & Fahy | ||||||||
Chartered Certified Accountants | ||||||||
7 Milbanke Court | ||||||||
Milbanke Way | ||||||||
Bracknell | ||||||||
Berkshire | ||||||||
RG12 1RP |
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THE BAG 'N' BOX MAN LIMITED | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2018 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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THE BAG 'N' BOX MAN LIMITED | ||||||||
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BALANCE SHEET AT
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2018 | 2017 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 |
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Tangible assets | 3 |
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CURRENT ASSETS | ||||||||||
Stock | 124,578 | 92,426 | ||||||||
Debtors | 5 | 60,818 | 48,968 | |||||||
Cash at bank and in hand |
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216,209 | 175,247 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | 257,617 | 218,896 | |||||||
NET CURRENT LIABILITIES | (41,408) | (43,649) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | 13,451 | 26,362 | ||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 43,312 | 51,531 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 9 | 686 | 1,523 | |||||||
NET LIABILITIES | (30,547) | (26,692) | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 10 | 180 | 180 | |||||||
Profit and loss account | (30,727) | (26,872) | ||||||||
SHAREHOLDERS' FUNDS |
(
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(26,692) | ||||||||
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The directors have decided not to deliver to the registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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THE BAG 'N' BOX MAN LIMITED | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/04/2018 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Land And Buildings | reducing balance 15% | |||||||
Plant and Machinery | straight line 20% | |||||||
Motor Cars | straight line 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
1e. Goodwill | ||||||||
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THE BAG 'N' BOX MAN LIMITED | ||||||||
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2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/05/2017 | 109,405 | 109,405 | ||
At 30/04/2018 | 109,405 | 109,405 | ||
Depreciation | ||||
At 01/05/2017 | 48,391 | 48,391 | ||
For the year | 10,941 | 10,941 | ||
At 30/04/2018 | 59,332 | 59,332 | ||
Net Book Amounts | ||||
At 30/04/2018 | 50,073 | 50,073 | ||
At 30/04/2017 |
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3. TANGIBLE FIXED ASSETS | ||||||||
Land And | Plant and | |||||||
Buildings | Machinery | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/05/2017 | 8,551 | 62,768 | 26,460 | 97,779 | ||||
Additions | - | 1,514 | - | 1,514 | ||||
At 30/04/2018 | 8,551 | 64,282 | 26,460 | 99,293 | ||||
Depreciation | ||||||||
At 01/05/2017 | 7,170 | 59,767 | 21,845 | 88,782 | ||||
For the year | 207 | 903 | 4,615 | 5,725 | ||||
At 30/04/2018 | 7,377 | 60,670 | 26,460 | 94,507 | ||||
Net Book Amounts | ||||||||
At 30/04/2018 |
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At 30/04/2017 |
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4. STOCK | 2018 | 2017 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | 124,578 | 92,426 | ||||
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THE BAG 'N' BOX MAN LIMITED | ||||||||
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5. DEBTORS | 2018 | 2017 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 50,731 | 40,248 | ||||||
Prepayments | 10,087 | 8,720 | ||||||
60,818 | 48,968 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
Corporation tax | 7,314 | - | ||||||
VAT | 12,121 | 10,360 | ||||||
PAYE creditor | 2,769 | - | ||||||
Directors current account | 50,004 | 40,872 | ||||||
Hire purchase | 385 | 4,615 | ||||||
Trade creditors | 179,254 | 163,049 | ||||||
Accruals | 5,770 | - | ||||||
257,617 | 218,896 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
Bank loans | 43,312 | 50,762 | ||||||
Hire purchase | - | 769 | ||||||
43,312 | 51,531 | |||||||
8. EMPLOYEES | ||||||
2018 | 2017 | |||||
No. | No. | |||||
Average number of employees | 11 | 11 | ||||
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THE BAG 'N' BOX MAN LIMITED | ||||||||
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9. PROVISIONS FOR LIABILITIES | 2018 | 2017 | ||||||
£ | £ | |||||||
Deferred tax | 686 | 1,523 | ||||||
686 | 1,523 | |||||||
10. SHARE CAPITAL | 2018 | 2017 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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180 | 180 | ||||||
180 | 180 | |||||||