Company Registration No. 09087979 (England and Wales)
Little Pebbles Hendon Ltd
Unaudited accounts
for the year ended 30 June 2018
Little Pebbles Hendon Ltd
Unaudited accounts
Contents
Little Pebbles Hendon Ltd
Company Information
for the year ended 30 June 2018
Directors
Jessica Raj Khetani
Kanta Hitan Hirani
Company Number
09087979 (England and Wales)
Registered Office
22 Coledale Drive
Stanmore
Middlesex
HA7 2QF
England
Accountants
R Khetani & Co
22 Coledale Drive
Stanmore
Middlesex
HA7 2QF
Little Pebbles Hendon Ltd
Statement of financial position
as at 30 June 2018
Tangible assets
8,370
10,024
Cash at bank and in hand
139,379
103,032
Creditors: amounts falling due within one year
(104,716)
(89,172)
Net current assets
59,127
25,915
Total assets less current liabilities
67,857
35,939
Provisions for liabilities
Deferred tax
(1,590)
(1,905)
Called up share capital
500
500
Profit and loss account
65,767
33,534
Shareholders' funds
66,267
34,034
For the year ending 30 June 2018 the company was entitled to exemption from audit 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 March 2019.
Kanta Hitan Hirani
Director
Company Registration No. 09087979
Little Pebbles Hendon Ltd
Notes to the Accounts
for the year ended 30 June 2018
Little Pebbles Hendon Ltd is a private company, limited by shares, registered in England and Wales, registration number 09087979. The registered office is 22 Coledale Drive, Stanmore, Middlesex, HA7 2QF, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered stated net of discounts, other sales taxes and value added tax
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
20% reducing balance
Intangible fixed assets for leasehold property are included at cost less accumulated amortisation. The leasehold property is amortised over the life of the lease,
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and nonputtable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.
At each reporting date non-financial assets not carried at fair value, like plant, property and equipment are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.
Little Pebbles Hendon Ltd
Notes to the Accounts
for the year ended 30 June 2018
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 statement of financial position date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Intangible fixed assets
Total
Little Pebbles Hendon Ltd
Notes to the Accounts
for the year ended 30 June 2018
5
Tangible fixed assets
Total
6
Average number of employees
During the year the average number of employees was 16 (2017: 16).
