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REGISTERED NUMBER: 08466629 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Mr Porkys Limited

Mr Porkys Limited (Registered number: 08466629)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mr Porkys Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: Mr A R Hogg
Mr T J Criddle





REGISTERED OFFICE: 17 Beaconfield Road
Yeovil
Somerset
BA20 2JW





REGISTERED NUMBER: 08466629 (England and Wales)





ACCOUNTANTS: Read & Co.
107 North Street
Martock
Somerset
TA12 6EJ

Mr Porkys Limited (Registered number: 08466629)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 5,207 6,614
5,207 6,614

CURRENT ASSETS
Stocks 6,519 6,026
Debtors 6 2,192 420
Cash at bank 859 25,436
9,570 31,882
CREDITORS
Amounts falling due within one year 7 10,770 19,104
NET CURRENT (LIABILITIES)/ASSETS (1,200 ) 12,778
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,007

19,392

PROVISIONS FOR LIABILITIES 8 989 1,257
NET ASSETS 3,018 18,135

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 10 2,818 17,935
SHAREHOLDERS' FUNDS 3,018 18,135

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.

Mr Porkys Limited (Registered number: 08466629)

Balance Sheet - continued
31 March 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 25 October 2018 and were signed on its behalf by:





Mr T J Criddle - Director


Mr Porkys Limited (Registered number: 08466629)

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

1. STATUTORY INFORMATION

Mr Porkys 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

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 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 7 ) .

Mr Porkys Limited (Registered number: 08466629)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 20,700
AMORTISATION
At 1 April 2017
and 31 March 2018 20,700
NET BOOK VALUE
At 31 March 2018 -
At 31 March 2017 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017 15,370
Additions 1,368
At 31 March 2018 16,738
DEPRECIATION
At 1 April 2017 8,756
Charge for year 2,775
At 31 March 2018 11,531
NET BOOK VALUE
At 31 March 2018 5,207
At 31 March 2017 6,614

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Directors' current accounts 2,192 -
Prepayments - 420
2,192 420

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 4,181 9,356
Taxation and social security 5,533 3,576
Other creditors 1,056 6,172
10,770 19,104

Mr Porkys Limited (Registered number: 08466629)

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

8. PROVISIONS FOR LIABILITIES
31.3.18 31.3.17
£    £   
Deferred tax 989 1,257

Deferred
tax
£   
Balance at 1 April 2017 1,257
Credit to Income Statement during year (268 )
Balance at 31 March 2018 989

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
200 Ordinary £1.00 200 200

10. RESERVES
Retained
earnings
£   

At 1 April 2017 17,935
Profit for the year 4,883
Dividends (20,000 )
At 31 March 2018 2,818

11. RELATED PARTY DISCLOSURES

The company is under the control of its directors and shareholders and has no ultimate controlling party.