At Home Furnishings Outlet Limited - Accounts to registrar - small 17.2

At Home Furnishings Outlet Limited - Accounts to registrar - small 17.2


IRIS Accounts Productionv17.2.0.33604121045Board of Directors1.4.1631.3.1731.3.17falsetruefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure041210452016-03-31041210452017-03-31041210452016-04-012017-03-31041210452015-03-31041210452015-04-012016-03-31041210452016-03-3104121045ns14:PoundSterling2016-04-012017-03-3104121045ns10:Director12016-04-012017-03-3104121045ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3104121045ns10:SmallEntities2016-04-012017-03-3104121045ns10:AuditExempt-NoAccountantsReport2016-04-012017-03-3104121045ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3104121045ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3104121045ns10:FullAccounts2016-04-012017-03-3104121045ns10:Director22016-04-012017-03-3104121045ns10:CompanySecretary12016-04-012017-03-3104121045ns10:RegisteredOffice2016-04-012017-03-3104121045ns5:CurrentFinancialInstruments2017-03-3104121045ns5:CurrentFinancialInstruments2016-03-3104121045ns5:Non-currentFinancialInstruments2017-03-3104121045ns5:Non-currentFinancialInstruments2016-03-3104121045ns5:ShareCapital2017-03-3104121045ns5:ShareCapital2016-03-3104121045ns5:RetainedEarningsAccumulatedLosses2017-03-3104121045ns5:RetainedEarningsAccumulatedLosses2016-03-3104121045ns5:PlantMachinery2016-04-012017-03-3104121045ns5:PlantMachinery2016-03-3104121045ns5:FurnitureFittings2016-03-3104121045ns5:MotorVehicles2016-03-3104121045ns5:FurnitureFittings2016-04-012017-03-3104121045ns5:MotorVehicles2016-04-012017-03-3104121045ns5:PlantMachinery2017-03-3104121045ns5:FurnitureFittings2017-03-3104121045ns5:MotorVehicles2017-03-3104121045ns5:PlantMachinery2016-03-3104121045ns5:FurnitureFittings2016-03-3104121045ns5:MotorVehicles2016-03-3104121045ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3104121045ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-03-31


REGISTERED NUMBER: 04121045















Unaudited Financial Statements for the Year Ended 31 March 2017

for

At Home Furnishings Outlet Limited

At Home Furnishings Outlet Limited (Registered number: 04121045)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


At Home Furnishings Outlet Limited

Company Information
for the Year Ended 31 March 2017







DIRECTORS: A M Dicken
Mrs A Dicken





SECRETARY: I Huntington





REGISTERED OFFICE: 2 Portrack Grange Road
Stockton-on-Tees
Cleveland
TS18 2PF





REGISTERED NUMBER: 04121045





ACCOUNTANTS: Sochall Smith Limited
Chartered Accountants
Queens Court Business Centre
Newport Road
Middlesbrough
Cleveland
TS1 5EH

At Home Furnishings Outlet Limited (Registered number: 04121045)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 181,889 212,350

CURRENT ASSETS
Stocks 662,691 628,929
Debtors 5 32,317 38,559
Cash at bank and in hand 227,706 120,752
922,714 788,240
CREDITORS
Amounts falling due within one year 6 461,616 403,722
NET CURRENT ASSETS 461,098 384,518
TOTAL ASSETS LESS CURRENT
LIABILITIES

642,987

596,868

CREDITORS
Amounts falling due after more than one
year

7

487,372

631,372
NET ASSETS/(LIABILITIES) 155,615 (34,504 )

CAPITAL AND RESERVES
Called up share capital 8 125,000 125,000
Retained earnings 30,615 (159,504 )
SHAREHOLDERS' FUNDS 155,615 (34,504 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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.

At Home Furnishings Outlet Limited (Registered number: 04121045)

Balance Sheet - continued
31 March 2017


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 4 December 2017and were signed on its behalf
by:





A M Dicken- Director


At Home Furnishings Outlet Limited (Registered number: 04121045)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

At Home Furnishings Outlet Limited is a private company, limited by shares, registered in Not specified/Other.
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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32(2016 - 31) .

At Home Furnishings Outlet Limited (Registered number: 04121045)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2016 259,913 222,372 9,980 492,265
Additions - 17,040 - 17,040
At 31 March 2017 259,913 239,412 9,980 509,305
DEPRECIATION
At 1 April 2016 113,913 156,839 9,163 279,915
Charge for year 26,536 20,761 204 47,501
At 31 March 2017 140,449 177,600 9,367 327,416
NET BOOK VALUE
At 31 March 2017 119,464 61,812 613 181,889
At 31 March 2016 146,000 65,533 817 212,350

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade debtors 22,091 25,379
Other debtors 10,226 13,180
32,317 38,559

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade creditors 206,149 203,824
Taxation and social security 61,140 53,918
Other creditors 194,327 145,980
461,616 403,722

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.17 31.3.16
£    £   
Other creditors 487,372 631,372

At Home Furnishings Outlet Limited (Registered number: 04121045)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.03.16 31.03.15
Value: £ £

75,000 Ordinary A Shares £1 75,000 75,000
25,000 Ordinary B Shares £1 25,000 25,000
12,500 Ordinary C Shares £1 12,500 12,500
12,500 Ordinary D Shares £1 12,500 12,500


9. RELATED PARTY DISCLOSURES

As at 31 March 2017 the company owed Mr and Mrs A M Dicken £513,729 (2016: £662,729). £631,372 of this
balance is non current. No interest is currently being charged on this loan.

During the year Masada Developments Limited, a company of which A M Dicken is a director, invoiced the
company £3,875 (2016: £4,341).

As at 31 March 2017 the company owed Masada Developments Limited £Nil (2016: £Nil).

A M Dicken is a trustee of the Dickens Executive Pension Scheme. As at 31 March 2017 the company owed the
Directors Executive Pension Scheme £Nil (2016: £Nil).

As at 31 March 2017 the company owed Marcusan LLP, a limited liability partnership whose partners are also
the directors of the company, £7,050 (2016: £7,050).

10. ULTIMATE CONTROLLING PARTY

The company is under the control of its directors.