Company Registration No. 11381721 (England and Wales)
THE TOWPATH INN LIMITED
Unaudited accounts
for the period from 24 May 2018 to 31 May 2019
THE TOWPATH INN LIMITED
Unaudited accounts
Contents
THE TOWPATH INN LIMITED
Company Information
for the period from 24 May 2018 to 31 May 2019
Directors
Lee Michael Hammond
Laura Natalie Nicholls
Company Number
11381721 (England and Wales)
Registered Office
49 MAIN ROAD
GILWERN
ABERGAVENNY
NP7 0AU
UNITED KINGDOM
Accountants
Cadno Accounting
Willows House
1a Meredith Road
Cardiff
CF24 2SW
THE TOWPATH INN LIMITED
Statement of financial position
as at
31 May 2019
Cash at bank and in hand
6,212
Creditors: amounts falling due within one year
(34,785)
Net current liabilities
(21,510)
Called up share capital
2
Profit and loss account
(18,182)
Shareholders' funds
(18,180)
For the period ending 31 May 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.
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 24 February 2020.
Lee Michael Hammond
Director
Company Registration No. 11381721
THE TOWPATH INN LIMITED
Notes to the Accounts
for the period from 24 May 2018 to 31 May 2019
THE TOWPATH INN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11381721. The registered office is 49 MAIN ROAD, GILWERN, ABERGAVENNY, NP7 0AU, 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 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.
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
20 % RB
Fixtures & fittings
20 % RB
Computer equipment
20 % RB
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
1,500
1,631
1,031
4,162
At 31 May 2019
1,500
1,631
1,031
4,162
Charge for the period
300
326
206
832
At 31 May 2019
300
326
206
832
At 31 May 2019
1,200
1,305
825
3,330
THE TOWPATH INN LIMITED
Notes to the Accounts
for the period from 24 May 2018 to 31 May 2019
7
Creditors: amounts falling due within one year
2019
Loans from directors
1,056
8
Average number of employees
During the period the average number of employees was 0.