L Sihdu HR Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10928103 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 22 AUGUST 2017 TO 31 AUGUST 2018

FOR

L SIHDU HR SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L A Sihdu

SECRETARY:

S Sihdu

REGISTERED OFFICE:

3 Tymperleys

Welsh Street

Chepstow

Monmouthshire

NP16 5LX

REGISTERED NUMBER:

10928103 (England and Wales)

ACCOUNTANTS:

d&t

Chartered Accountants

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

FIXED ASSETS

Intangible assets

3

3,313

Tangible assets

4

430

3,743

CURRENT ASSETS

Debtors

5

2,275

Cash at bank

2,498

4,773

CREDITORS

Amounts falling due within one year

6

18,138

NET CURRENT LIABILITIES

(13,365

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,622

)

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

8

(9,722

)

SHAREHOLDERS' FUNDS

(9,622

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 director on 19 March 2019 and were signed by:

L A Sihdu - Director

1.	STATUTORY INFORMATION

L Sihdu HR Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The director has assessed the company's future projections and cash flow forecasts and believe that

the going concern basis of preparation remains appropriate.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise fee are being amortised evenly over their estimated useful life of three years.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% straight line basis

TAXATION

Taxation for the period 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 period 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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

4,970

At 31 August 2018

4,970

AMORTISATION

Charge for period

1,657

At 31 August 2018

1,657

NET BOOK VALUE

At 31 August 2018

3,313

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

558

At 31 August 2018

558

DEPRECIATION

Charge for period

128

At 31 August 2018

128

NET BOOK VALUE

At 31 August 2018

430

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

2,275

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

97

Other creditors

18,041

18,138

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

8.

RESERVES

Retained

earnings

£

Deficit for the period

(9,722

)

At 31 August 2018

(9,722

)