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REGISTERED NUMBER: 02590579 (England and Wales)















THE BOOK WAREHOUSE LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2017













THE BOOK WAREHOUSE LIMITED (REGISTERED NUMBER: 02590579)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE BOOK WAREHOUSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2017







DIRECTORS: H D Malin
J N Malin
S L Hyams
E Seabrooke





SECRETARY: H D Malin





REGISTERED OFFICE: C/o Wilkins Kennedy LLP
Anglo House, Bell Lane Office Village
Bell Lane
Amersham
Buckinghamshire
HP6 6FA





REGISTERED NUMBER: 02590579 (England and Wales)





Page 1
THE BOOK WAREHOUSE LIMITED (REGISTERED NUMBER: 02590579)

BALANCE SHEET
31 JANUARY 2017

2017 2016
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,626 9,617

CURRENT ASSETS
Stocks 167,682 200,457
Debtors 5 246,809 256,916
Cash at bank and in hand 56,230 104,310
470,721 561,683
CREDITORS
Amounts falling due within one year 6 (121,351 ) (127,067 )
NET CURRENT ASSETS 349,370 434,616
TOTAL ASSETS LESS CURRENT
LIABILITIES
357,996
444,233

CAPITAL AND RESERVES
Called up share capital 90 90
Capital redemption reserve 10 10
Retained earnings 357,896 444,133
SHAREHOLDERS' FUNDS 357,996 444,233

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

The notes form part of these financial statements

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THE BOOK WAREHOUSE LIMITED (REGISTERED NUMBER: 02590579)

BALANCE SHEET - continued
31 JANUARY 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 19 July 2017 and were signed on its
behalf by:




H D Malin - Director



J N Malin - Director


The notes form part of these financial statements

Page 3
THE BOOK WAREHOUSE LIMITED (REGISTERED NUMBER: 02590579)

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


1. STATUTORY INFORMATION

The Book Warehouse 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.

The accounts are prepared on a going concern basis. The use of the going concern basis of
accounting is appropriate because there are no material uncertainties related to events or conditions
that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover
Turnover, which is stated net of Value Added Tax, represents amounts received during the year in
respect of sales of books, cards, stationery, compact discs, digital video discs and gifts.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated
to write off the cost of fixed assets, less their estimated residual values, over their expected useful lives
on the following bases:

Motor vehicles -25% per annum reducing balance
Fixtures and fittings-20% per annum straight line
Office equipment -20% per annum straight line

Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete
and slow-moving stocks, cost being based on purchase cost and net realisable value on estimated
selling price.

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.

Page 4 continued...
THE BOOK WAREHOUSE LIMITED (REGISTERED NUMBER: 02590579)

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


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company contributes to the personal pension schemes of the directors. Contributions to the
pension schemes are charged to the profit and loss account in the period to which they relate.

The company operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the company in an independently administered fund. The amount charged to
the profit and loss account represents the contributions payable to the scheme in respect of the
accounting period.

Employee benefits
The company recognises an accrual for accumulated annual leave accrued by employees as a result
of services rendered in the current period for which employees can carry forward and use within the
next year. The accrual is measured at the salary cost of the respective employee in relation to the
period of absence.

Debtors
Other debtors are measured at transaction price less any impairment unless the arrangement
constitutes a financing transaction in which case the transaction is measured at the present value of
the future receipts discounted at the prevailing market rate of interest . Loans are initially measured at
fair value and are subsequently measured at amortised cost using the effective interest method less
any impairment.

Creditors
Trade and other creditors are measured at their transaction price unless the arrangement constitutes a
financing transaction in which case the transaction is measured at present value of future payments
discounted at prevailing market rate of interest. Other financial liabilities are initially measured at fair
value net of their transaction costs. They are subsequently measured at amortised cost using the
effective interest method.

Cash at bank
Cash at bank in the balance sheet comprise cash at banks and in hand and short term deposits with
an original maturity date of three months or less.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 .

Page 5 continued...
THE BOOK WAREHOUSE LIMITED (REGISTERED NUMBER: 02590579)

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


4. TANGIBLE FIXED ASSETS
Furniture,
fittings
and
office Motor
equipment vehicles Totals
£    £    £   
COST
At 1 February 2016 50,163 16,234 66,397
Additions 4,680 - 4,680
Disposals (7,295 ) (16,234 ) (23,529 )
At 31 January 2017 47,548 - 47,548
DEPRECIATION
At 1 February 2016 41,766 15,014 56,780
Charge for year 4,414 305 4,719
Eliminated on disposal (7,258 ) (15,319 ) (22,577 )
At 31 January 2017 38,922 - 38,922
NET BOOK VALUE
At 31 January 2017 8,626 - 8,626
At 31 January 2016 8,397 1,220 9,617

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 20,844 27,643
Other debtors 225,965 229,273
246,809 256,916

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 53,843 41,304
Taxation and social security 17,850 21,965
Other creditors 49,658 63,798
121,351 127,067

7. CONTINGENT LIABILITIES

On the 30 April 2010 the company entered into a 10 year lease on a property at an annual rent of
£42,500. On the 11 February 2011 The Book Warehouse Limited completed the sale of the remaining
period of the lease to a third party but remains liable for the obligations under the lease if the third party
defaults.

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases amounted to £494,500 (2016:
£844,833.

Page 6 continued...
THE BOOK WAREHOUSE LIMITED (REGISTERED NUMBER: 02590579)

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


9. FIRST YEAR ADOPTION

The company adopted Financial Reporting Standard 102 on 1 February 2016 and these are the first
financial statements prepared in accordance with the provisions of Section 1A of that standard. There
have been no financial measurement changes or changes in accounting policies arising on first time
adoption of Financial Reporting Standard 102.


Page 7