Registered number: 09731854 | ||||||||
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FOR THE YEAR ENDED 31 AUGUST 2017 | ||||||||
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Prepared By: | ||||||||
Portheras Accounting | ||||||||
Chartered Certified Accountants | ||||||||
Tremarstan | ||||||||
Kihallon Woods | ||||||||
Par | ||||||||
Cornwall | ||||||||
PL24 2RL |
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TOWN AND COUNTY DORSET LIMITED | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 AUGUST 2017 | ||||||||
DIRECTORS | ||||||||
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REGISTERED OFFICE | ||||||||
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Dorset | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 09731854 | ||||||||
ACCOUNTANTS | ||||||||
Portheras Accounting | ||||||||
Chartered Certified Accountants | ||||||||
Tremarstan | ||||||||
Kihallon Woods | ||||||||
Par | ||||||||
Cornwall | ||||||||
PL24 2RL |
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TOWN AND COUNTY DORSET LIMITED | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 AUGUST 2017 | ||||||||
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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TOWN AND COUNTY DORSET LIMITED | ||||||||
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BALANCE SHEET AT
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2017 | 2016 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 |
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Tangible assets | 3 |
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CURRENT ASSETS | ||||||||||
Stock |
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Debtors | 5 |
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Cash at bank and in hand |
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10,694 | 4,889 | |||||||||
CREDITORS: Amounts falling due within one year | 6 |
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NET CURRENT LIABILITIES |
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(7,481) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 |
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Profit and loss account | 14,640 | 12,882 | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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TOWN AND COUNTY DORSET LIMITED | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 AUGUST 2017 | ||||||||||
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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Plant and Machinery | reducing balance 20% | |||||||
Fixtures and Fittings | reducing balance 20% | |||||||
Motor Cars | reducing balance 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. Goodwill | ||||||||
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TOWN AND COUNTY DORSET LIMITED | ||||||||
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2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 1 September 2016 | 20,000 | 20,000 | ||
At 31 August 2017 | 20,000 | 20,000 | ||
Depreciation | ||||
At 1 September 2016 | 2,000 | 2,000 | ||
For the year | 2,000 | 2,000 | ||
At 31 August 2017 | 4,000 | 4,000 | ||
Net Book Amounts | ||||
At 31 August 2017 |
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At 31 August 2016 |
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3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Fixtures | |||||||
Machinery | and Fittings | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 1 September 2016 | 2,313 | 408 | - | 2,721 | ||||
Additions | 119 | 593 | 12,652 | 13,364 | ||||
At 31 August 2017 | 2,432 | 1,001 | 12,652 | 16,085 | ||||
Depreciation | ||||||||
At 1 September 2016 | 185 | 73 | - | 258 | ||||
For the year | 433 | 147 | 625 | 1,205 | ||||
At 31 August 2017 | 618 | 220 | 625 | 1,463 | ||||
Net Book Amounts | ||||||||
At 31 August 2017 |
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14,622 | ||||
At 31 August 2016 |
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2,463 | ||||
4. STOCK | 2017 | 2016 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock |
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5. DEBTORS | 2017 | 2016 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 6,070 | 139 | ||||||
Prepayments | - | 2,129 | ||||||
Directors current account | 4,162 | - | ||||||
10,232 | 2,268 | |||||||
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TOWN AND COUNTY DORSET LIMITED | ||||||||
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6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2017 | 2016 | |||||||
£ | £ | |||||||
UK corporation tax | 7,395 | 6,480 | ||||||
VAT | 4,801 | - | ||||||
PAYE control | 97 | 144 | ||||||
Directors current account | - | 90 | ||||||
Loans | 11,917 | - | ||||||
Trade creditors | 1,842 | 4,984 | ||||||
Accruals | 524 | 672 | ||||||
26,576 | 12,370 | |||||||
7. EMPLOYEES | ||||||
2017 | 2016 | |||||
No. | No. | |||||
Average number of employees | 2 | 2 | ||||
8. SHARE CAPITAL | 2017 | 2016 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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100 | 100 | ||||||
100 | 100 | |||||||
New shares issued during period: | ||||||||
100
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100 | 100 | ||||||
- | 100 | |||||||
9. CONTROLLING PARTY | ||||||||
The company is under the control of the directors who own all of the issued share capital. | ||||||||