Company registration number 09640074 (England and Wales)
Outdoor and Country (Evesham) Ltd
Unaudited financial statements
For the year ended 31 January 2022
Outdoor and Country (Evesham) Ltd
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
Outdoor And Country (Evesham) Ltd
Outdoor and Country (Evesham) Ltd
Balance sheet
as at 31 January 2022
31 January 2022
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
Debtors
3
226
226
Creditors: amounts falling due within one year
4
(1,279)
(1,279)
Net current liabilities
(1,053)
(1,053)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(1,054)
(1,054)
Total equity
(1,053)
(1,053)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 January 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 30 August 2022
Mr J P Capener
Director
Company Registration No. 09640074
Outdoor and Country (Evesham) Ltd
Notes to the financial statements
For the year ended 31 January 2022
- 2 -
1
Accounting policies
Company information
Outdoor and Country (Evesham) Ltd is a private company limited by shares incorporated in England and Wales. The registered office is The Old School, Stone Road, Blackbrook, Newcastle, Staffordshire, ST5 5EG.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' section 1AC.35, not to disclose related party transactions with wholly owned subsidiaries within the group.
1.2
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
1.3
Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
Outdoor and Country (Evesham) Ltd
Notes to the financial statements (continued)
For the year ended 31 January 2022
- 3 -
3
Debtors
2022
2021
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
226
226
4
Creditors: amounts falling due within one year
2022
2021
£
£
Corporation tax
(1)
(1)
Other creditors
1,280
1,280
1,279
1,279