REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2018 |
FOR |
FOREST FISH & GAME LTD |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2018 |
FOR |
FOREST FISH & GAME LTD |
FOREST FISH & GAME LTD (REGISTERED NUMBER: 08417561) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 FEBRUARY 2018 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
FOREST FISH & GAME LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 28 FEBRUARY 2018 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
2 Station Road West |
Oxted |
Surrey |
RH8 9EP |
FOREST FISH & GAME LTD (REGISTERED NUMBER: 08417561) |
ABRIDGED BALANCE SHEET |
28 FEBRUARY 2018 |
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
5 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
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 by: |
FOREST FISH & GAME LTD (REGISTERED NUMBER: 08417561) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 FEBRUARY 2018 |
1. | STATUTORY INFORMATION |
Forest Fish & Game Ltd is a |
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 |
A going concern basis has been used, notwithstanding the deficiency of net liabilities, on the basis that the |
directors and shareholders have undertaken to continue to provide such financial support as may be required for |
the continuation of the company's business for at least twelve months from the date of approval of these |
accounts. The directors have considered the financial position of the company and have concluded that the |
company is able to meet its liabilities as they fall due for the period of at least twelve months from the date of |
approval of these accounts. |
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 |
Plant and machinery etc | - |
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. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
of the future payments is treated as a liability. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
FOREST FISH & GAME LTD (REGISTERED NUMBER: 08417561) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 FEBRUARY 2018 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 March 2017 |
Disposals | ( |
) |
At 28 February 2018 |
DEPRECIATION |
At 1 March 2017 |
Charge for year |
Eliminated on disposal | ( |
) |
At 28 February 2018 |
NET BOOK VALUE |
At 28 February 2018 |
At 28 February 2017 |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Totals |
£ |
COST |
At 1 March 2017 | 15,211 |
Disposals | (15,211 | ) |
At 28 February 2018 | - |
DEPRECIATION |
At 1 March 2017 | 8,793 |
Eliminated on disposal | (8,793 | ) |
At 28 February 2018 | - |
NET BOOK VALUE |
At 28 February 2018 | - |
At 28 February 2017 | 6,418 |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |
2018 | 2017 |
£ | £ |
Repayable by instalments |
Bank loans more 5 yr by instal | - | 15,720 |
6. | SECURED DEBTS |
The following secured debts are included within creditors: |
2018 | 2017 |
£ | £ |
Bank loans |
The bank loan is secured by a second legal charge over the residential property owned by Miss H C Kirby, a |
director of the company. |
FOREST FISH & GAME LTD (REGISTERED NUMBER: 08417561) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 FEBRUARY 2018 |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year J W Garton paid expenses on behalf of the company of £71 (2017 - £1,819) and was repaid |
£8,802 (2017 - £1,321). The balance due to J W Garton of £23,794 (2017 - £32,525) is included within other |
creditors due within one year. The loan is interest free and repayable on demand. |
During the year Miss H C Kirby paid expenses on behalf of the company of £Nil (2017 - £14,528), made loans to |
the company of £Nil (2017 - £18,475) and was repaid £3,000 (2017 - £30,924).The balance due to Miss H C |
Kirby of £38,760 (2016 - £41,760) is included within other creditors due within one year. The loan is interest free |
and repayable on demand. |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is Miss H C Kirby. |