Accounts filed on 31-05-2018


ACCOUNTS
FOR THE YEAR ENDED 31/05/2018





DIRECTORS
Mr J Kahan


REGISTERED OFFICE
34 Eastbourne Road
London
N15 6NT


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06597430



ACCOUNTANTS
DNB Accounting
51 Craven Park Road
London
N15 6AH


ACCOUNTS
FOR THEYEARENDED31/05/2018



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/05/2018

			2018		2017
	Notes		£		£

FIXED ASSETS
Tangible assets	3		35,619		36,457

CURRENT ASSETS
Stock		4,974		7,212
Debtors	5	95,973		28,310
Cash at bank and in hand		40,422		55,061
		141,369		90,583
CREDITORS: Amounts falling due within one year	6	92,132		67,873
NET CURRENT ASSETS			49,237		22,710
TOTAL ASSETS LESS CURRENT LIABILITIES			84,856		59,167

CAPITAL AND RESERVES

Called up share capital	8		1		1
Profit and loss account			84,855		59,166
SHAREHOLDERS' FUNDS			84,856		59,167

For the year ending 31/05/2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 03/02/2019 and signed on their behalf by



.............................
Mr J Kahan
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Short Leasehold Properties		15%
Plant and Machinery		25%
Commercial Vehicles		25%
Fixtures and Fittings		20%
Equipment		25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




5. DEBTORS	2018	2017
	£	£
Amounts falling due within one year
Trade debtors	5,243	25,235
VAT	1,052	3,075
Other debtors	85,000	-
Prepayments	4,678	-
	95,973	28,310




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2018	2017
	£	£
UK corporation tax	6,223	4,508
PAYE control	-	1,277
Trade creditors	12,459	3,218
Other creditors	73,000	58,420
Accruals	450	450
	92,132	67,873




8. SHARE CAPITAL	2018	2017
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1