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REGISTERED NUMBER: 10174825 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2017 TO 31 MARCH 2018

FOR

TOWNER INTERIORS LIMITED

TOWNER INTERIORS LIMITED (REGISTERED NUMBER: 10174825)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2017 TO 31 MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TOWNER INTERIORS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JUNE 2017 TO 31 MARCH 2018







DIRECTOR: J J Evans





SECRETARY: Mrs H C Evans





REGISTERED OFFICE: 5 Giffard Court
Millbrook Close
Northampton
NN5 5JF





REGISTERED NUMBER: 10174825 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

TOWNER INTERIORS LIMITED (REGISTERED NUMBER: 10174825)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,108 521

CURRENT ASSETS
Stocks 4,734 -
Debtors 5 374,595 104,249
Cash at bank and in hand 250 29,810
379,579 134,059
CREDITORS
Amounts falling due within one year 6 373,646 96,756
NET CURRENT ASSETS 5,933 37,303
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,041

37,824

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,941 37,724
8,041 37,824

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director on 5 November 2018 and were signed by:



J J Evans - Director


TOWNER INTERIORS LIMITED (REGISTERED NUMBER: 10174825)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2017 TO 31 MARCH 2018

1. STATUTORY INFORMATION

Towner Interiors 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 20% on cost

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 period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2017 - 2 ) .

TOWNER INTERIORS LIMITED (REGISTERED NUMBER: 10174825)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2017 TO 31 MARCH 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2017 636
Additions 2,017
At 31 March 2018 2,653
DEPRECIATION
At 1 June 2017 115
Charge for period 430
At 31 March 2018 545
NET BOOK VALUE
At 31 March 2018 2,108
At 31 May 2017 521

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 48,141 89,249
Other debtors 2,247 -
Directors' current accounts 37,476 -
Tax 1,952 -
Prepayments and accrued income 284,779 15,000
374,595 104,249

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 675 -
Trade creditors 94,359 45,369
Tax 25,735 25,735
Social security and other taxes 51,884 350
VAT 93,980 11,912
Other creditors 101,213 -
Directors' current accounts - 9,346
Accruals and deferred income 5,800 4,044
373,646 96,756

TOWNER INTERIORS LIMITED (REGISTERED NUMBER: 10174825)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2017 TO 31 MARCH 2018

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 31 March 2018 and 31 May 2017:

2018 2017
£    £   
J J Evans
Balance outstanding at start of period (9,346 ) -
Amounts advanced 144,484 -
Amounts repaid (97,662 ) (9,346 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 37,476 (9,346 )

There are no fixed terms of repayment on the above loan however interest is being charged.