Company Registration No. 8732529 (England and Wales)
Family Shopper Pontardulais Ltd
Unaudited accounts
for the year ended 31 October 2019
Family Shopper Pontardulais Ltd
Unaudited accounts
Contents
Family Shopper Pontardulais Ltd
Company Information
for the year ended 31 October 2019
Company Number
8732529 (England and Wales)
Registered Office
27/29 St Teilo Street
Pontardulais
Swansea
SA4 8SZ
Accountants
J L Taxation Services Ltd
42 Glanymor Park Drive
Loughor
Swansea
SA4 6UQ
Family Shopper Pontardulais Ltd
Statement of financial position
as at
31 October 2019
Tangible assets
14,179
3,486
Inventories
65,226
64,225
Cash at bank and in hand
12,550
29,876
Creditors: amounts falling due within one year
(64,306)
(66,133)
Net current assets
39,618
47,038
Total assets less current liabilities
53,797
50,524
Creditors: amounts falling due after more than one year
-
(1,458)
Called up share capital
4
4
Profit and loss account
53,793
49,062
Shareholders' funds
53,797
49,066
For the year ending 31 October 2019 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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.
The financial statements were approved by the Board of Directors and authorised for issue on 7 September 2020 and were signed on its behalf by
F Ali
Director
Company Registration No. 8732529
Family Shopper Pontardulais Ltd
Notes to the Accounts
for the year ended 31 October 2019
Family Shopper Pontardulais Ltd is a private company, limited by shares, registered in England and Wales, registration number 8732529. The registered office is 27/29 St Teilo Street, Pontardulais, Swansea, SA4 8SZ.
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 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:
Land & buildings
25% on cost
Plant & machinery
25% on cost
Fixtures & fittings
25% on cost
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
4
Tangible fixed assets
Total
At 1 November 2018
52,998
At 31 October 2019
71,898
At 1 November 2018
49,512
Charge for the year
8,207
At 31 October 2019
57,719
At 31 October 2019
14,179
Family Shopper Pontardulais Ltd
Notes to the Accounts
for the year ended 31 October 2019
5
Share capital
2019
2018
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
6
Transactions with related parties
During the year the company rented the business premises from the Directors Mr & Mrs Ali at a cost of £18000.00
7
Average number of employees
During the year the average number of employees was 9 (2018: 12).