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REGISTERED NUMBER: 10251591 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2022 TO 30 DECEMBER 2022

FOR

RSPCA ISLE OF WIGHT TRADING COMPANY LTD

RSPCA ISLE OF WIGHT TRADING COMPANY LTD (REGISTERED NUMBER: 10251591)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2022 TO 30 DECEMBER 2022










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


RSPCA ISLE OF WIGHT TRADING COMPANY LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2022 TO 30 DECEMBER 2022







DIRECTORS: M S Tomlinson
B A Westmore
P Baxter





REGISTERED OFFICE: Godshill Animal Centre
Bohemia Corner
Godshill
Isle of Wight
PO38 3NA





REGISTERED NUMBER: 10251591 (England and Wales)





ACCOUNTANTS: Bright Brown Limited
Chartered Accountants
Exchange House
St. Cross Lane
Newport
Isle of Wight
PO30 5BZ

RSPCA ISLE OF WIGHT TRADING COMPANY LTD (REGISTERED NUMBER: 10251591)

BALANCE SHEET
30 DECEMBER 2022

2022 2021
as restated
Notes £    £   
CURRENT ASSETS
Debtors 4 2,621 2,558
Cash at bank and in hand 156,517 76,205
159,138 78,763
CREDITORS
Amounts falling due within one year 5 121,700 67,900
NET CURRENT ASSETS 37,438 10,863
TOTAL ASSETS LESS CURRENT LIABILITIES 37,438 10,863

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 37,437 10,862
37,438 10,863

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 December 2022 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.

RSPCA ISLE OF WIGHT TRADING COMPANY LTD (REGISTERED NUMBER: 10251591)

BALANCE SHEET - continued
30 DECEMBER 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 19 October 2023 and were signed on its behalf by:





M S Tomlinson - Director


RSPCA ISLE OF WIGHT TRADING COMPANY LTD (REGISTERED NUMBER: 10251591)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2022 TO 30 DECEMBER 2022


1. STATUTORY INFORMATION

RSPCA Isle of Wight Trading Company Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Services provided are supplied over a period of time, the turnover from such services is recognised in the accounts for the period in which the services are provided. Any payment for services not to be provided for the current period is held as a creditor to be recognised in the period to which the service relates.

Taxation
Taxation for the period comprises current and deferred tax. No tax or deferred tax is reflected in the accounts because the company is a trading subsidiary of the RSPCA Isle of Wight Branch, a UK charity and is required to donate all profits to that charity. As a result of this donation no tax charges are expected to arise.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2021 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
as restated
£    £   
Trade debtors 2,621 2,558

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
as restated
£    £   
Amounts owed to group undertakings 88,066 34,506
Taxation and social security 23,115 22,346
Other creditors 10,519 11,048
121,700 67,900

RSPCA ISLE OF WIGHT TRADING COMPANY LTD (REGISTERED NUMBER: 10251591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2022 TO 30 DECEMBER 2022


6. ULTIMATE CONTROLLING PARTY

RSPCA Isle of Wight Trading Company Ltd is the wholly owned subsidiary of the RSPCA Isle of Wight Branch, which draws up consolidated statements for the group. The parent charity is registered at the same address as the company, which can be found on the company information page.