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REGISTERED NUMBER: 09562703 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2018

FOR

MARTIN GOLDTHORPE LIMITED
TRADING AS
OTLEY POST OFFICE

MARTIN GOLDTHORPE LIMITED (REGISTERED NUMBER: 09562703)
TRADING AS OTLEY POST OFFICE






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MARTIN GOLDTHORPE LIMITED
TRADING AS OTLEY POST OFFICE

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2018







DIRECTORS: M A Goldthorpe
Mrs P J Goldthorpe



REGISTERED OFFICE: 82 Latham Lane
Gomersal
Cleckheaton
West Yorkshire
BD19 4AP



REGISTERED NUMBER: 09562703 (England and Wales)



ACCOUNTANTS: D A Hill Accountancy Services Limited
10 Elmete Avenue
Roundhay
Leeds
West Yorkshire
LS8 2JX



BANKERS: Barclays Bank

MARTIN GOLDTHORPE LIMITED (REGISTERED NUMBER: 09562703)
TRADING AS OTLEY POST OFFICE

ABRIDGED BALANCE SHEET
30 APRIL 2018

30.4.18 30.4.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 48,600 97,100
Tangible assets 5 4,135 4,129
52,735 101,229

CURRENT ASSETS
Stocks 6,040 5,160
Debtors 4,352 3,285
Cash at bank and in hand 5,726 3,854
16,118 12,299
CREDITORS
Amounts falling due within one year 80,936 119,054
NET CURRENT LIABILITIES (64,818 ) (106,755 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,083

)

(5,526

)

PROVISIONS FOR LIABILITIES 786 826
NET LIABILITIES (12,869 ) (6,352 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (12,969 ) (6,452 )
SHAREHOLDERS' FUNDS (12,869 ) (6,352 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

MARTIN GOLDTHORPE LIMITED (REGISTERED NUMBER: 09562703)
TRADING AS OTLEY POST OFFICE

ABRIDGED BALANCE SHEET - continued
30 APRIL 2018


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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 November 2018 and were signed on its behalf
by:




M A Goldthorpe - Director



Mrs P J Goldthorpe - Director


MARTIN GOLDTHORPE LIMITED (REGISTERED NUMBER: 09562703)
TRADING AS OTLEY POST OFFICE

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018

1. STATUTORY INFORMATION

Martin Goldthorpe 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.

The financial statements have been prepared on a going concern basis despite the fact that current liabilities
exceed current assets on the presumption that the company will continue to receive the full support of the
directors and shareholders.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is now being
amortised over 4 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 - 33% on cost and 25% on reducing balance

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.

MARTIN GOLDTHORPE LIMITED (REGISTERED NUMBER: 09562703)
TRADING AS OTLEY POST OFFICE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2018

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2017 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2017
and 30 April 2018 182,000
AMORTISATION
At 1 May 2017 84,900
Amortisation for year 48,500
At 30 April 2018 133,400
NET BOOK VALUE

At 30 April 2018 48,600
At 30 April 2017 97,100

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2017 6,641
Additions 1,179
At 30 April 2018 7,820
DEPRECIATION
At 1 May 2017 2,512
Charge for year 1,173
At 30 April 2018 3,685
NET BOOK VALUE
At 30 April 2018 4,135
At 30 April 2017 4,129