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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 30TH APRIL 2017 |
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LOMAS & GARNER LIMITED |
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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 30TH APRIL 2017 |
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FOR |
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LOMAS & GARNER LIMITED |
LOMAS & GARNER LIMITED (REGISTERED NUMBER: 05522617) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH APRIL 2017 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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LOMAS & GARNER LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH APRIL 2017 |
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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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ACCOUNTANTS: |
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Chartered Accountants |
5 Beaumont Gate |
Shenley Hill |
Radlett |
Hertfordshire |
WD7 7AR |
LOMAS & GARNER LIMITED (REGISTERED NUMBER: 05522617) |
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BALANCE SHEET |
30TH APRIL 2017 |
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30.4.17 | 30.4.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
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Tangible assets | 5 |
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CURRENT ASSETS |
Stocks |
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Debtors | 6 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 7 |
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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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Retained earnings |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
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ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
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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 on
by: |
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LOMAS & GARNER LIMITED (REGISTERED NUMBER: 05522617) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH APRIL 2017 |
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1. | STATUTORY INFORMATION |
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Lomas & Garner Limited is a
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company's registered number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Goodwill |
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Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
less any accumulated amortisation and any accumulated impairment losses. |
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Tangible fixed assets |
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Plant and machinery etc | - |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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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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LOMAS & GARNER LIMITED (REGISTERED NUMBER: 05522617) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH APRIL 2017 |
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4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1st May 2016 |
and 30th April 2017 |
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AMORTISATION |
At 1st May 2016 |
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Charge for year |
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At 30th April 2017 |
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NET BOOK VALUE |
At 30th April 2017 |
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At 30th April 2016 |
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5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
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COST |
At 1st May 2016 |
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Additions |
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At 30th April 2017 |
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DEPRECIATION |
At 1st May 2016 |
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Charge for year |
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At 30th April 2017 |
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NET BOOK VALUE |
At 30th April 2017 |
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At 30th April 2016 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.17 | 30.4.16 |
£ | £ |
Trade debtors |
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VAT |
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LOMAS & GARNER LIMITED (REGISTERED NUMBER: 05522617) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH APRIL 2017 |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.17 | 30.4.16 |
£ | £ |
Trade creditors |
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Tax |
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Social security and other taxes |
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Directors' current accounts | 22,202 | 13,706 |
Accruals and deferred income |
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8. | RELATED PARTY DISCLOSURES |
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During the year, total dividends of £78,000 (2016 - £81,000) were paid to the directors . |
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Within current creditors is the sum of £13,318 (2016 -£7,124) due to L E Hunt & £8,746 (2016 £5,469) due to |
R J G Hunt & £138 (2016 £1.113 ) due to I G Hunt all of whom are directors and shareholders. |
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There are no formal terms as to interest or repayment. |
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No one shareholder has overall control. |