North East Hospices Lottery Limited - Accounts to registrar (filleted) - small 18.2

North East Hospices Lottery Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv20.3.0.22803540674Board of DirectorsBoard of Directors1.4.1931.3.2031.3.203.12.20falsetruefalsefalsefalsetruefalseAuditors OpinionOrdinary1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure035406742019-03-31035406742020-03-31035406742019-04-012020-03-31035406742017-12-31035406742018-01-012019-03-31035406742019-03-3103540674ns16:EnglandWales2019-04-012020-03-3103540674ns15:PoundSterling2019-04-012020-03-3103540674ns11:Director12019-04-012020-03-3103540674ns11:Director22019-04-012020-03-3103540674ns11:PrivateLimitedCompanyLtd2019-04-012020-03-3103540674ns11:SmallEntities2019-04-012020-03-3103540674ns11:Audited2019-04-012020-03-3103540674ns11:SmallCompaniesRegimeForDirectorsReport2019-04-012020-03-3103540674ns11:SmallCompaniesRegimeForAccounts2019-04-012020-03-3103540674ns11:FullAccounts2019-04-012020-03-310354067412019-04-012020-03-3103540674ns11:OrdinaryShareClass12019-04-012020-03-3103540674ns11:Director32019-04-012020-03-3103540674ns11:Director42019-04-012020-03-3103540674ns11:Director52019-04-012020-03-3103540674ns11:Director62019-04-012020-03-3103540674ns11:Director72019-04-012020-03-3103540674ns11:Director82019-04-012020-03-3103540674ns11:CompanySecretary12019-04-012020-03-3103540674ns11:RegisteredOffice2019-04-012020-03-3103540674ns6:CurrentFinancialInstruments2020-03-3103540674ns6:CurrentFinancialInstruments2019-03-3103540674ns6:ShareCapital2020-03-3103540674ns6:ShareCapital2019-03-3103540674ns6:RetainedEarningsAccumulatedLosses2020-03-3103540674ns6:RetainedEarningsAccumulatedLosses2019-03-3103540674ns6:IntangibleAssetsOtherThanGoodwill2019-04-012020-03-3103540674ns6:ComputerSoftware2019-04-012020-03-3103540674ns6:FurnitureFittings2019-04-012020-03-3103540674ns6:MotorVehicles2019-04-012020-03-3103540674ns6:ComputerEquipment2019-04-012020-03-3103540674ns6:ComputerSoftware2019-03-3103540674ns6:ComputerSoftware2020-03-3103540674ns6:ComputerSoftware2019-03-3103540674ns6:FurnitureFittings2019-03-3103540674ns6:MotorVehicles2019-03-3103540674ns6:ComputerEquipment2019-03-3103540674ns6:FurnitureFittings2020-03-3103540674ns6:MotorVehicles2020-03-3103540674ns6:ComputerEquipment2020-03-3103540674ns6:FurnitureFittings2019-03-3103540674ns6:MotorVehicles2019-03-3103540674ns6:ComputerEquipment2019-03-3103540674ns11:OrdinaryShareClass12020-03-31
REGISTERED NUMBER: 03540674(England and Wales)













Financial Statements

for the Year Ended 31 March 2020

for

North East Hospices Lottery Limited

North East Hospices Lottery Limited (Registered number: 03540674)






Contents of the Financial Statements
for the Year Ended 31 March 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


North East Hospices Lottery Limited

Company Information
for the Year Ended 31 March 2020







DIRECTORS: J R Bradshaw
M J Walker
P D Marriott
J P Bury
W H Byrne
D Jones
C H Trivedy
J A Brown



SECRETARY: V T Harrison



REGISTERED OFFICE: John Butterwick Hospice
Middlefield Road
STOCKTON ON TEES
Cleveland
TS19 8XN



REGISTERED NUMBER: 03540674(England and Wales)



SENIOR STATUTORY AUDITOR: Christopher Beaumont BA(Hons) BFP FCA DChA



AUDITORS: Clive Owen LLP
Chartered Accountants
& Statutory Auditors
140 Coniscliffe Road
DARLINGTON
County Durham
DL3 7RT

North East Hospices Lottery Limited (Registered number: 03540674)

Balance Sheet
31 March 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 831 1,159
Tangible assets 5 2,568 4,198
3,399 5,357

CURRENT ASSETS
Debtors 6 2,961 4,321
Cash at bank and in hand 143,078 173,249
146,039 177,570
CREDITORS
Amounts falling due within one year 7 149,614 182,923
NET CURRENT LIABILITIES (3,575 ) (5,353 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(176

)

4

CAPITAL AND RESERVES
Called up share capital 8 4 4
Retained earnings (180 ) -
SHAREHOLDERS' FUNDS (176 ) 4

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2020and were signed on its behalf by:




J R Bradshaw- Director



P D Marriott- Director


North East Hospices Lottery Limited (Registered number: 03540674)

Notes to the Financial Statements
for the Year Ended 31 March 2020

1. STATUTORY INFORMATION

North East Hospices Lottery Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Turnover
Turnover represents income receivable from subscriptions to the lottery.

Income recognition
Income is recognised weekly at the point the lottery is drawn.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Office equipment - 25% on cost
Computer equipment - 25% on cost

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


North East Hospices Lottery Limited (Registered number: 03540674)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2020

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Voluntary service
In addition to recorded income and expenditure the company received the benefit of many voluntary hours and unclaimed out of pocket expenses contributed by individuals wishing to assist the four hospices, that are the registered charities to which the company covenents all its profits. It would be impossible to place a value on all these services and expenses, without which the company could not operate and for which all involved with the four hospices are extremely grateful.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5(2019 - 6) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 April 2019
and 31 March 2020 1,314
AMORTISATION
At 1 April 2019 155
Amortisation for year 328
At 31 March 2020 483
NET BOOK VALUE
At 31 March 2020 831
At 31 March 2019 1,159

North East Hospices Lottery Limited (Registered number: 03540674)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2020

5. TANGIBLE FIXED ASSETS
Fixtures
and Office Computer
fittings equipment equipment Totals
£    £    £    £   
COST
At 1 April 2019
and 31 March 2020 1,571 430 7,292 9,293
DEPRECIATION
At 1 April 2019 1,571 430 3,094 5,095
Charge for year - - 1,630 1,630
At 31 March 2020 1,571 430 4,724 6,725
NET BOOK VALUE
At 31 March 2020 - - 2,568 2,568
At 31 March 2019 - - 4,198 4,198

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Prepayments 2,961 4,321

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade creditors 6,752 9,331
Taxation and social security 517 472
Other creditors 242 76
Accruals and deferred income 142,103 173,044
149,614 182,923

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2020 2019
value: £    £   
4 Ordinary £1 4 4

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Christopher Beaumont BA(Hons) BFP FCA DChA(Senior Statutory Auditor)
for and on behalf of Clive Owen LLP

North East Hospices Lottery Limited (Registered number: 03540674)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2020

10. RELATED PARTY DISCLOSURES

During the year ended 31 March 2020 total profits amounting to £306,145 (2019: £383,560) and total donations amounting to £3,526 (2019: £5,257) were distributed equally to the four shareholders.

All transactions entered into with companies that have a participating interest in North East Hospices Lottery Limited were concluded under normal market conditions, therefore no further disclosure is necessary in accordance with FRS 102 section 1A.