HOMEGROWN TIMBER LTD

HOMEGROWN TIMBER LTD

HOMEGROWN TIMBER LTD - Company Information

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HOMEGROWN TIMBER LTD

Company Registration Number:
07240113 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

HOMEGROWN TIMBER LTD

Contents of the Financial Statements

for the Period Ended 31 March 2019

Balance sheet
Notes

HOMEGROWN TIMBER LTD

Balance sheet

As at 31 March 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 2 61,319 67,069
Total fixed assets: 61,319 67,069
Current assets
Stocks: 251,033 786,121
Debtors:   1,332,891 370,085
Cash at bank and in hand: 227,373 106,058
Total current assets: 1,811,297 1,262,264
Creditors: amounts falling due within one year:   (1,568,875) (1,063,546)
Net current assets (liabilities): 242,422 198,718
Total assets less current liabilities: 303,741 265,787
Creditors: amounts falling due after more than one year:   (9,459)
Total net assets (liabilities): 294,282 265,787
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 294,280 265,785
Shareholders funds: 294,282 265,787

The notes form part of these financial statements

HOMEGROWN TIMBER LTD

Balance sheet statements

For the year ending 31 March 2019 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 December 2019
and signed on behalf of the board by:

Name: T C Lawrance
Status: Director

The notes form part of these financial statements

HOMEGROWN TIMBER LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HOMEGROWN TIMBER LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Tangible Assets

Total
Cost £
At 01 April 2018 222,793
Additions 14,690
At 31 March 2019 237,483
Depreciation
At 01 April 2018 155,724
Charge for year 20,440
At 31 March 2019 176,164
Net book value
At 31 March 2019 61,319
At 31 March 2018 67,069