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REGISTERED NUMBER: 07369042 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

FLICKERS OF BRIDLINGTON LTD
FLICKERS OF BRIDLINGTON LTD (REGISTERED NUMBER: 07369042)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

FLICKERS OF BRIDLINGTON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTORS: Mrs W Sims
D K Sims





REGISTERED OFFICE: 107 Main Street
Burstwick
East Yorkshire
HU12 9EB





REGISTERED NUMBER: 07369042 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence Limited
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL
FLICKERS OF BRIDLINGTON LTD (REGISTERED NUMBER: 07369042)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,520 3,719
3,520 3,719

CURRENT ASSETS
Stocks 3,525 855
Debtors 6 2,171 298
Cash in hand 354 -
6,050 1,153
CREDITORS
Amounts falling due within one year 7 85,949 69,493
NET CURRENT LIABILITIES (79,899 ) (68,340 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(76,379

)

(64,621

)

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings (76,429 ) (64,671 )
SHAREHOLDERS' FUNDS (76,379 ) (64,621 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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.
FLICKERS OF BRIDLINGTON LTD (REGISTERED NUMBER: 07369042)

BALANCE SHEET - continued
31 MARCH 2017


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 28 July 2017 and were signed on its behalf by:




Mrs W Sims - Director



D K Sims - Director

FLICKERS OF BRIDLINGTON LTD (REGISTERED NUMBER: 07369042)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

1. STATUTORY INFORMATION

Flickers of Bridlington 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 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 2011, is being amortised evenly over its estimated useful life of five 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.
Fixtures & fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

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.
FLICKERS OF BRIDLINGTON LTD (REGISTERED NUMBER: 07369042)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

2. ACCOUNTING POLICIES - continued

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 year was 2 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 15,000
AMORTISATION
At 1 April 2016
and 31 March 2017 15,000
NET BOOK VALUE
At 31 March 2017 -
At 31 March 2016 -

5. TANGIBLE FIXED ASSETS
Fixtures Motor Computer
& fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2016 1,295 6,682 648 8,625
Additions 924 - - 924
Disposals (301 ) - - (301 )
At 31 March 2017 1,918 6,682 648 9,248
DEPRECIATION
At 1 April 2016 639 3,951 316 4,906
Charge for year 213 683 66 962
Eliminated on disposal (140 ) - - (140 )
At 31 March 2017 712 4,634 382 5,728
NET BOOK VALUE
At 31 March 2017 1,206 2,048 266 3,520
At 31 March 2016 656 2,731 332 3,719

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 2,171 298
FLICKERS OF BRIDLINGTON LTD (REGISTERED NUMBER: 07369042)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 8 -
Trade creditors 56 -
Other creditors 85,885 69,493
85,949 69,493

8. ULTIMATE CONTROLLING PARTY

The directors each own one half of the issued ordinary share capital and there is therefore no ultimate controlling
party.

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