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REGISTERED NUMBER: 09315846 (England and Wales)















PETTICOAT LANE EMPORIUM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018






PETTICOAT LANE EMPORIUM LIMITED (REGISTERED NUMBER: 09315846)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PETTICOAT LANE EMPORIUM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTORS: K Shaw
R Tozer





REGISTERED OFFICE: 47 Dumpton Park Drive
Ramsgate
Kent
CT11 8AD





REGISTERED NUMBER: 09315846 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

PETTICOAT LANE EMPORIUM LIMITED (REGISTERED NUMBER: 09315846)

BALANCE SHEET
28 FEBRUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,541 1,691

CURRENT ASSETS
Debtors 5 670 278
Cash at bank and in hand 8,119 12,097
8,789 12,375
CREDITORS
Amounts falling due within one year 6 15,866 21,944
NET CURRENT LIABILITIES (7,077 ) (9,569 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,536

)

(7,878

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (1,538 ) (7,880 )
SHAREHOLDERS' FUNDS (1,536 ) (7,878 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

PETTICOAT LANE EMPORIUM LIMITED (REGISTERED NUMBER: 09315846)

BALANCE SHEET - continued
28 FEBRUARY 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.

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 31 October 2018 and were signed on its behalf by:




K Shaw - Director



R Tozer - Director


PETTICOAT LANE EMPORIUM LIMITED (REGISTERED NUMBER: 09315846)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018

1. STATUTORY INFORMATION

Petticoat Lane Emporium 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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 19 (2017 - 18 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2017 1,408 235 1,369 3,012
Additions 5,650 - 392 6,042
At 28 February 2018 7,058 235 1,761 9,054
DEPRECIATION
At 1 March 2017 672 112 537 1,321
Charge for year 1,597 31 564 2,192
At 28 February 2018 2,269 143 1,101 3,513
NET BOOK VALUE
At 28 February 2018 4,789 92 660 5,541
At 28 February 2017 736 123 832 1,691

PETTICOAT LANE EMPORIUM LIMITED (REGISTERED NUMBER: 09315846)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 670 278

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 624 -
Trade creditors 3,589 9,428
Corporation Tax 624 -
Social security and other taxes 1,170 1,621
Sundry creditors 1,313 4,788
Directors' current accounts 8,546 6,107
15,866 21,944

7. GOING CONCERN

These accounts have been prepared on a going concern basis, on the understanding that the directors and shareholders will
continue to financially support the company.