ShawCann Limited - Dormant accounts - members and to registrar (filleted) 18.1.1

REGISTERED NUMBER: 05700506 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

ShawCann Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I C Shaw

Mrs F L Shaw

REGISTERED OFFICE:

The Old Stables

Main Road

Bamford

Hope Valley

Derbyshire

S33 0AY

REGISTERED NUMBER:

05700506 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

2,955

CREDITORS

Amounts falling due within one year

6

848

NET CURRENT LIABILITIES

(848

)

(848

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,107

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

2,007

SHAREHOLDERS' FUNDS

2,107

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

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 28 November 2018 and were
signed on its behalf by:

I C Shaw - Director

1.	STATUTORY INFORMATION

ShawCann 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 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

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% Reducing Balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

8,000

AMORTISATION

At 1 April 2017

and 31 March 2018

8,000

NET BOOK VALUE

At 31 March 2018

-

At 31 March 2017

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

and 31 March 2018

8,577

DEPRECIATION

At 1 April 2017

and 31 March 2018

5,622

NET BOOK VALUE

At 31 March 2018

2,955

At 31 March 2017

2,955

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR

2018

2017

£

Other creditors

848

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I C Shaw.