Out of Nowhere Limited,Ltd - AccountsLtd - Accounts
Out of Nowhere Limited,Ltd - AccountsLtd - Accounts
Registered Number:09983523 |
For the year ended 31 December 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2018
Out of Nowhere Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
As at |
Out of Nowhere Limited
Statement of Financial Position
Registered Number : |
£ |
£ |
2017
2018
Notes |
Fixed assets |
Property, plant and equipment |
2
Current assets |
Trade and other receivables |
3
Cash and cash equivalents |
Trade and other payables: amounts falling due within one |
year |
(490,792 )
(614,571 )
4
(477,296)
(432,276 )
Net current liabilities
Total assets less current liabilities |
(425,076 )
(477,296 )
(425,076 )
Net liabilities
(477,296 )
Capital and reserves |
Called up share capital |
Retained earnings |
(425,176 )
(477,396 )
(425,076 )
(477,296 )
Shareholders' funds
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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
These financial statements were approved and authorised for issue by the Board on |
The notes form part of these financial statements |
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4
For the year ended 31 December 2018
Out of Nowhere Limited
Notes to the Financial Statements
Statutory Information
Out of Nowhere Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 09983523. |
Registered address: |
Omega Court
368 Cemetery Road
Sheffield
South Yorkshire
S11 8FS
The presentation currency is £ sterling. |
1. Accounting policies |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Foreign currencies
Debtors and creditors due within one year
Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transaction |
price. Any loss arising from impairment is recognised in the statement of comprehensive income with |
administrative expenses. |
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For the year ended 31 December 2018
Out of Nowhere Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Furniture and |
Fittings |
£ |
Cost or |
valuation |
Additions |
At 31 December 2018 |
Provision for depreciation and impairment |
Charge for year
At 31 December 2018 |
At 31 December 2018 |
Net book value |
3. Trade and other receivables |
2017
2018
£ |
£ |
Trade debtors |
Other debtors |
4. Trade and other payables: amounts falling due within one year |
2017
2018
£ |
£ |
Trade creditors |
Other creditors |
5. Related party transactions |
AEI Live Limited is a 50% shareholder in Out Of Nowhere Limited, and continued to provide a loan to same. |
The loan balance at the year end was £445,912, and this figure is included in 'Other Creditors'. |
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