Emery's Dairy (High Wycombe) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01215145 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2018

FOR

EMERY'S DAIRY (HIGH WYCOMBE) LIMITED

Page

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr D Emery

Mr C W Emery

SECRETARY:

Mr D Emery

REGISTERED OFFICE:

The Dairy

Downley

High Wycombe

Buckinghamshire

REGISTERED NUMBER:

01215145 (England and Wales)

ACCOUNTANTS:

Seymour Taylor Audit Limited

57 London Road

High Wycombe

Buckinghamshire

HP11 1BS

SOLICITORS:

Reynolds Parry Jones

10 Easton Street

High Wycombe

Buckinghamshire

HP11 1NP

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Emery's Dairy (High Wycombe) Limited for the year ended 5 April 2018 which

comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from

the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Emery's Dairy (High Wycombe) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Emery's Dairy (High Wycombe) Limited and state those matters that we have agreed to state to the Board of Directors of Emery's Dairy (High Wycombe) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Emery's Dairy (High Wycombe) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Emery's Dairy (High Wycombe) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Emery's Dairy (High Wycombe) Limited. You consider that Emery's Dairy (High Wycombe) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Emery's Dairy (High Wycombe) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Seymour Taylor Audit Limited

57 London Road

High Wycombe

Buckinghamshire

HP11 1BS

8 November 2018

FIXED ASSETS

Tangible assets

4

-

-

CURRENT ASSETS

Debtors

5

20,871

4,219

Cash at bank and in hand

10,771

11,455

31,642

15,674

CREDITORS

Amounts falling due within one year

6

10,796

6,802

NET CURRENT ASSETS

20,846

8,872

TOTAL ASSETS LESS CURRENT LIABILITIES

20,846

8,872

CAPITAL AND RESERVES

Called up share capital

7

99

99

Retained earnings

20,747

8,773

SHAREHOLDERS' FUNDS

20,846

8,872

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 8 November 2018 and were signed on its behalf by:

Mr D Emery - Director

1.	STATUTORY INFORMATION

Emery's Dairy (High Wycombe) is a private company limited by shares and incorporated in England

and Wales. The address of the company's registered office is Eramis House, The Dairy, Downley,

High Wycombe, Buckinghamshire, HP13 5YN The registered number is 01215145 .

The principal activity of the company is that of rental of property.

The presentation currency of these financial statements is Sterling (£), being the currency of the

primary economic market in which the entity operates (its functional currency). All amounts in these

financial statements have been rounded to the nearest pound unless stated otherwise.

The significant accounting policies applied in the preparation of these financial statements are set out

below. These policies have been consistently applied to all years presented unless otherwise stated.

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" (effective September 2015) and the Companies Act 2006. The financial

statements have been prepared under the historical cost convention.

Turnover

The turnover in the profit and loss account represents amounts due to the company for the rental of

property in the year, exclusive of Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

straight line - 10%

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 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

property

£

COST

At 6 April 2017

and 5 April 2018

6,934

DEPRECIATION

At 6 April 2017

and 5 April 2018

6,934

NET BOOK VALUE

At 5 April 2018

-

At 5 April 2017

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

950

950

Other debtors

19,921

3,269

20,871

4,219

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

7,546

3,426

Other creditors

3,250

3,376

10,796

6,802

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

198

Ordinary

£0.50

99

99

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 5 April 2018 and

5 April 2017:

2018

2017

£

£

Mr C W Emery

Balance outstanding at start of year

1,455

(5,163

)

Amounts advanced

9,095

6,618

Amounts repaid

(3,282

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,268

1,455

Mr D Emery

Balance outstanding at start of year

1,455

(5,163

)

Amounts advanced

9,095

6,618

Amounts repaid

(3,282

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,268

1,455

These amounts are interest free and repayable on demand.

9.	RELATED PARTY DISCLOSURES

The company occupies premises owned by the directors personally on a rent free basis.