London Calling Sweden Ltd - Period Ending 2018-07-31
London Calling Sweden Ltd - Period Ending 2018-07-31
Registration number:
London Calling Sweden Ltd
for the Period from 5 July 2017 to 31 July 2018
Chartered Certified Accountant
Room 2B01
South Bank Technopark
90 London Road
London
SE1 6LN
London Calling Sweden Ltd
Contents
|
Company Information |
|
|
Director's Report |
|
|
Accountants' Report |
|
|
Abridged Balance Sheet |
|
|
Notes to the Abridged Financial Statements |
London Calling Sweden Ltd
Company Information
|
Director |
Mr Alireza Gol Mohammad |
|
Registered office |
|
|
Accountants |
|
|
Page 1 |
London Calling Sweden Ltd
Director's Report for the Period from 5 July 2017 to 31 July 2018
The director presents his report and the abridged financial statements for the period from 5 July 2017 to 31 July 2018.
Incorporation
The company was incorporated and commenced trading on
Director of the company
The director who held office during the period was as follows:
Principal activity
The principal activity of the company is licensed restaurant, wholesale of wine, beer, spirits and alcoholic beverages
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the Board on
.........................................
Mr Alireza Gol Mohammad
Director
|
Page 2 |
Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
London Calling Sweden Ltd
for the Period Ended 31 July 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of London Calling Sweden Ltd for the period ended 31 July 2018 as set out on pages 4 to 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.
This report is made solely to the Board of Directors of London Calling Sweden Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of London Calling Sweden Ltd and state those matters that we have agreed to state to the Board of Directors of London Calling Sweden Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than London Calling Sweden Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that London Calling Sweden Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of London Calling Sweden Ltd. You consider that London Calling Sweden Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of London Calling Sweden Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Chartered Certified Accountant
South Bank Technopark
90 London Road
London
SE1 6LN
|
Page 3 |
London Calling Sweden Ltd
(Registration number: 10852223)
Abridged Balance Sheet as at 31 July 2018
|
Note |
2018 |
|
|
Fixed assets |
||
|
Tangible assets |
|
|
|
Current assets |
||
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
||
|
Creditors: Amounts falling due within one year |
( |
|
|
Net current liabilities |
( |
|
|
Total assets less current liabilities |
( |
|
|
Accruals and deferred income |
( |
|
|
Net liabilities |
( |
|
|
Capital and reserves |
||
|
Called up share capital |
|
|
|
Profit and loss account |
( |
|
|
Total equity |
( |
For the financial period ending 31 July 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
|
• |
|
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
|
Page 4 |
London Calling Sweden Ltd
(Registration number: 10852223)
Abridged Balance Sheet as at 31 July 2018
Approved and authorised by the
.........................................
Mr Alireza Gol Mohammad
Director
|
Page 5 |
London Calling Sweden Ltd
Notes to the Abridged Financial Statements for the Period from 5 July 2017 to 31 July 2018
|
General information |
The company is a private company limited by share capital incorporated in England.
The address of its registered office is:
England
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
|
Asset class |
Depreciation method and rate |
|
Furniture and fittings |
3 years straight line |
|
Motor vehicles |
3 years straight line |
|
Tools and equipment |
3 years straight line |
|
Page 6 |
London Calling Sweden Ltd
Notes to the Abridged Financial Statements for the Period from 5 July 2017 to 31 July 2018
|
Tangible assets |
|
Total |
|
|
Cost or valuation |
|
|
Additions |
|
|
At 31 July 2018 |
|
|
Depreciation |
|
|
Charge for the |
|
|
At 31 July 2018 |
|
|
Carrying amount |
|
|
At 31 July 2018 |
|
|
Page 7 |