STOCKPORT E CIG COMPANY LIMITED

Company Registration Number:
08044476 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

STOCKPORT E CIG COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8

STOCKPORT E CIG COMPANY LIMITED

Company Information

for the Period Ended 31 March 2018




Director: Jacqueline Jean Pearce
Andrew Carl Pearce
Registered office: 4
Broadwood Close
Disley
Stockport
England
SK12 2NJ
Company Registration Number: 08044476 (England and Wales)

STOCKPORT E CIG COMPANY LIMITED

Directors' Report Period Ended 31 March 2018

The directors present their report with the financial statements of the company for the period ended 31 March 2018

Principal Activities

The principle activity of the company in the period under review was: Retail and wholesale of Electronic Cigarettes and E Liquids

Political and charitable donations

No political or charitable donations where made in the period under review or in the previous financial year.

Company policy on the employment of disabled persons

It is the company's policy to give employment to disabled persons wherever practicable.

Additional information

New Government legislation came into effect in May 2017,this had a significant impact on the stock and cash flow of the business in the year ending 31 Mar 16, with a loss before tax of £27,632. This legislation is still impacting the business heavily however, a significant improvement was achieved with a loss before tax of £6,109. The recovery is a slow process, however improvements are being made and will continue over the next few years.

Directors

The directors shown below have held office during the whole of the period from 01 April 2017 to 31 March 2018
Jacqueline Jean Pearce
Andrew Carl Pearce

This report was approved by the board of directors on 13 November 2018
And Signed On Behalf Of The Board By:

Name: Jacqueline Jean Pearce
Status: Director

Name: Andrew Carl Pearce
Status: Director

STOCKPORT E CIG COMPANY LIMITED

Profit and Loss Account

for the Period Ended 31 March 2018


Notes

2018
£

2017
£
Gross Profit or (Loss) 162,910 197,030
Distribution Costs (19,920) (21,204)
Administrative Expenses (149,108) (203,467)
Operating Profit or (Loss) (6,118) (27,641)
Interest Receivable and Similar Income 9 9
Profit or (Loss) Before Tax (6,109) (27,632)
Tax on Profit 1,222 5,527
Profit or (Loss) for Period (4,887) (22,105)

The notes form part of these financial statements

STOCKPORT E CIG COMPANY LIMITED

Balance sheet

As at 31 March 2018


Notes

2018
£

2017
£
Fixed assets
Tangible assets: 51
Total fixed assets: 51
Current assets
Stocks: 77,721 69,149
Debtors: 31,544 25,621
Cash at bank and in hand: 27,979 68,936
Total current assets: 137,244 163,706
Prepayments and accrued income: 4,555 5,450
Creditors: amounts falling due within one year: ( 6,682 ) ( 6,738 )
Net current assets (liabilities): 135,117 162,418
Total assets less current liabilities: 135,117 162,469
Total net assets (liabilities): 135,117 162,469

The notes form part of these financial statements

STOCKPORT E CIG COMPANY LIMITED

Balance sheet continued

As at 31 March 2018


Notes

2018
£

2017
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 135,115 162,467
Shareholders funds: 135,117 162,469

For the year ending 31 March 2018 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 November 2018
And Signed On Behalf Of The Board By:

Name: Jacqueline Jean Pearce
Status: Director

Name: Andrew Carl Pearce
Status: Director

The notes form part of these financial statements

STOCKPORT E CIG COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STOCKPORT E CIG COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Dividends


2018
£

2017
£
Dividends paid 22,464