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 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

HOMEGROWN TIMBER LTD

Contents of the Financial Statements

for the Period Ended 31 March 2017

Balance sheet
Notes

HOMEGROWN TIMBER LTD

Balance sheet

As at 31 March 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 76,512 87,516
Total fixed assets: 76,512 87,516
Current assets
Stocks: 372,365 447,668
Debtors:   419,647 216,227
Cash at bank and in hand: 143,945 131,647
Total current assets: 935,957 795,542
Creditors: amounts falling due within one year:   (819,497) (744,462)
Net current assets (liabilities): 116,460 51,080
Total assets less current liabilities: 192,972 138,596
Total net assets (liabilities): 192,972 138,596
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 192,970 138,594
Shareholders funds: 192,972 138,596

The notes form part of these financial statements

HOMEGROWN TIMBER LTD

Balance sheet statements

For the year ending 31 March 2017 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.

This report was approved by the board of directors on 29 December 2017
and signed on behalf of the board by:

Name: T 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 2017

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 2017


2. Tangible Assets

Total
Cost £
At 01 April 2016 200,571
Additions 8,711
At 31 March 2017 209,282
Depreciation
At 01 April 2016 113,055
Charge for year 19,715
At 31 March 2017 132,770
Net book value
At 31 March 2017 76,512
At 31 March 2016 87,516