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REGISTERED NUMBER: 05093629 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Lakeland Fells Furniture Limited

Lakeland Fells Furniture Limited (Registered number: 05093629)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Balance Sheet 1


Lakeland Fells Furniture Limited (Registered number: 05093629)

Balance Sheet
31 March 2018

2018 2017
£    £    £    £   
FIXED ASSETS 22,039 24,960

CURRENT ASSETS 39,439 84,109

CREDITORS
Amounts falling due within one year (43,162 ) (40,177 )
NET CURRENT (LIABILITIES)/ASSETS (3,723 ) 43,932
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,316

68,892

CREDITORS
Amounts falling due after more than
one year

47,052

54,357
NET (LIABILITIES)/ASSETS (28,736 ) 14,535

CAPITAL AND RESERVES (28,736 ) 14,535

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Lakeland Fells Furniture Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address are as below:

Registered number: 05093629

Registered office: Hammarbeck
Spooner Vale
Windermere
Cumbria
LA23 1AU

Lakeland Fells Furniture Limited (Registered number: 05093629)

Balance Sheet - continued
31 March 2018

NOTES TO THE FINANCIAL STATEMENTS

2. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2018 and
31 March 2017:

2018 2017
£    £   
AC Smith
Balance outstanding at start of year - (3,196 )
Amounts advanced 219 14,409
Amounts repaid (1,164 ) (11,213 )
Balance outstanding at end of year (945 ) -

WF Smith and Mrs LM Smith
Balance outstanding at start of year (51,357 ) (57,424 )
Amounts advanced 6,000 11,897
Amounts repaid - (5,830 )
Balance outstanding at end of year (45,357 ) (51,357 )

1. Directors loans to the company

The maximum amounts outstanding during the year, being owed to the directors by the company
were:-

AC Smith £ 1,164 (2017:£ 3,196)
WF & Mrs LM Smith £ 51,357 (2017: £ 57,424)

There are no formal terms for repayment, other than the loans being repayable on demand.
There is no interest payable on these loans.
These balances are included in Other Creditors due after more than one year.

2. Let's Talk Shop Limited - Transactions during the year

WF& Mrs LM Smith are directors and shareholders of Let's Talk Shop Limited.
During the year the following transactions took place:-

Expenditure
Showroom support - Admin, etc £ Nil (2017: £ 800) for the costs of services supplied by Let's Talk
Shop Limited.

Expenditure
Rent & Services £ 7,875 (2017: £ 21,759) for rented premises supplied by Let's Talk Shop Limited.



Lakeland Fells Furniture Limited (Registered number: 05093629)

Balance Sheet - continued
31 March 2018


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 16 July 2018 and were signed on its
behalf by:




AC Smith - Director



WF Smith - Director