Company Registration No. 04528360 (England and Wales)
The Trim Centre Limited
Unaudited accounts
for the year ended 31 October 2017
The Trim Centre Limited
Unaudited accounts
Contents
The Trim Centre Limited
Company Information
for the year ended 31 October 2017
Company Number
04528360 (England and Wales)
Registered Office
THE CORNER HOUSE
23 MARKET STREET
CRAVEN ARMS
SHROPSHIRE
SY7 9NW
Accountants
S A Acc'y Ltd
The Corner House
Beaumont Road
Church Stretton
Shropshire
SY6 6BN
The Trim Centre Limited
Statement of financial position
as at 31 October 2017
Tangible assets
10,810
12,064
Inventories
113,595
117,156
Cash at bank and in hand
2,319
2,049
Creditors: amounts falling due within one year
(120,683)
(127,705)
Net current assets
32,174
143,491
Total assets less current liabilities
42,984
155,555
Creditors: amounts falling due after more than one year
(308,557)
(344,354)
Provisions for liabilities
Deferred tax
(2,054)
(2,413)
Net liabilities
(267,627)
(191,212)
Called up share capital
100
100
Profit and loss account
(267,727)
(191,312)
Shareholders' funds
(267,627)
(191,212)
For the year ending 31 October 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 10 July 2018.
D Harris
Director
Company Registration No. 04528360
The Trim Centre Limited
Notes to the Accounts
for the year ended 31 October 2017
The Trim Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 04528360. The registered office is THE CORNER HOUSE, 23 MARKET STREET, CRAVEN ARMS, SHROPSHIRE, SY7 9NW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% per annum reducing balance
Motor vehicles
25% per annum reducing balance
Fixtures & fittings
15% per annum reducing balance
The Trim Centre Limited
Notes to the Accounts
for the year ended 31 October 2017
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2016
24,893
1,700
2,166
28,759
At 31 October 2017
24,893
1,700
2,166
28,759
At 1 November 2016
13,432
1,530
1,733
16,695
Charge for the year
1,146
43
65
1,254
At 31 October 2017
14,578
1,573
1,798
17,949
At 31 October 2017
10,315
127
368
10,810
At 31 October 2016
11,461
170
433
12,064
Finished goods
113,595
117,156
Trade debtors
31,943
147,988
Accrued income and prepayments
5,000
-
7
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
9,869
6,379
Trade creditors
86,438
63,843
Taxes and social security
18,107
32,244
Other creditors
4,009
23,244
8
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
308,557
344,354
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The Trim Centre Limited
Notes to the Accounts
for the year ended 31 October 2017
10
Average number of employees
During the year the average number of employees was 0 (2016: 0).
