REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2018 |
for |
Lakeland Fells Furniture Limited |
REGISTERED NUMBER: |
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 |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES | ( |
) |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Lakeland Fells Furniture Limited is a |
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 |
£ | £ |
Balance outstanding at start of year | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year | ( |
) |
Balance outstanding at start of year | ( |
) | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) |
Balance outstanding at end of year | ( |
) | ( |
) |
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 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 were approved by the Board of Directors on behalf by: |