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REGISTERED NUMBER: 03541315 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Richies Bridlington Limited

Richies Bridlington Limited (Registered number: 03541315)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Richies Bridlington Limited

Company Information
for the Year Ended 31 March 2018







Directors: Mr Richard Alan Preston
Mrs Jacqueline Preston



Secretary: Mrs Jacqueline Preston



Registered office: 1 New Pasture Close
Bridlington
East Yorkshire
YO16 7NT



Registered number: 03541315 (England and Wales)



Accountants: Rayner & Co
Chartered Certified Accountants
6 Arundel Place
Scarborough
North Yorkshire
YO11 1TX



Bankers: Yorkshire Bank plc
24 Huntriss Row
Scarborough
North Yorkshire
YO11 2EG

Richies Bridlington Limited (Registered number: 03541315)

Balance Sheet
31 March 2018

2018 2017
Notes £ £ £ £
Fixed assets
Tangible assets 4 69,937 73,364

Current assets
Stocks 23,793 19,119
Debtors 5 3,182 7,838
Cash at bank and in hand 168,900 134,285
195,875 161,242
Creditors
Amounts falling due within one year 6 70,613 70,149
Net current assets 125,262 91,093
Total assets less current liabilities 195,199 164,457

Provisions for liabilities 12,683 13,201
Net assets 182,516 151,256

Capital and reserves
Called up share capital 4 4
Retained earnings 182,512 151,252
Shareholders' funds 182,516 151,256

The company is entitled to exemption from audit under Section 477 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 12 November 2018 and were signed on
its behalf by:





Mr Richard Alan Preston - Director


Richies Bridlington Limited (Registered number: 03541315)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. Statutory information

Richies Bridlington 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.

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

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% on reducing balance and 15% 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 Profit and Loss
Account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period
of the lease.

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 47 (2017 - 33 ) .

Richies Bridlington Limited (Registered number: 03541315)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 April 2017 326,035
Additions 8,005
At 31 March 2018 334,040
Depreciation
At 1 April 2017 252,671
Charge for year 11,432
At 31 March 2018 264,103
Net book value
At 31 March 2018 69,937
At 31 March 2017 73,364

5. Debtors: amounts falling due within one year
2018 2017
£ £
Other debtors 3,182 7,838

6. Creditors: amounts falling due within one year
2018 2017
£ £
Trade creditors 21,452 15,036
Taxation and social security 34,756 38,595
Other creditors 14,405 16,518
70,613 70,149