London And Fulham Limited - Accounts to registrar (filleted) - small 18.2

London And Fulham Limited - Accounts to registrar (filleted) - small 18.2

LONDON AND FULHAM LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v19.1.0.729 09439166 director 1.3.17 28.2.18 28.2.18 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure094391662017-02-28094391662018-02-28094391662017-03-012018-02-28094391662016-02-29094391662016-03-012017-02-28094391662017-02-2809439166ns15:EnglandWales2017-03-012018-02-2809439166ns14:PoundSterling2017-03-012018-02-2809439166ns10:Director12017-03-012018-02-2809439166ns10:PrivateLimitedCompanyLtd2017-03-012018-02-2809439166ns10:SmallEntities2017-03-012018-02-2809439166ns10:AuditExempt-NoAccountantsReport2017-03-012018-02-2809439166ns10:SmallCompaniesRegimeForDirectorsReport2017-03-012018-02-2809439166ns10:SmallCompaniesRegimeForAccounts2017-03-012018-02-2809439166ns10:FullAccounts2017-03-012018-02-2809439166ns10:OrdinaryShareClass12017-03-012018-02-2809439166ns10:RegisteredOffice2017-03-012018-02-2809439166ns5:CurrentFinancialInstruments2018-02-2809439166ns5:CurrentFinancialInstruments2017-02-2809439166ns5:Non-currentFinancialInstruments2018-02-2809439166ns5:Non-currentFinancialInstruments2017-02-2809439166ns5:ShareCapital2018-02-2809439166ns5:ShareCapital2017-02-2809439166ns5:RetainedEarningsAccumulatedLosses2018-02-2809439166ns5:RetainedEarningsAccumulatedLosses2017-02-2809439166ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-02-2809439166ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-02-2809439166ns10:OrdinaryShareClass12018-02-2809439166ns5:RetainedEarningsAccumulatedLosses2017-02-2809439166ns5:RetainedEarningsAccumulatedLosses2017-03-012018-02-28


REGISTERED NUMBER: 09439166 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

LONDON AND FULHAM LIMITED
LONDON AND FULHAM LIMITED (REGISTERED NUMBER: 09439166)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


LONDON AND FULHAM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTOR: J Fried





REGISTERED OFFICE: 115 Craven Park Road
London
N15 6BL





REGISTERED NUMBER: 09439166 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL
Page 1
LONDON AND FULHAM LIMITED (REGISTERED NUMBER: 09439166)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2018

28.2.18 28.2.17
Notes £    £   
CURRENT ASSETS
Stocks 10,466,844 8,703,629
Debtors 3 895,916 1,065,708
Cash at bank 5,987 17,023
11,368,747 9,786,360
CREDITORS
Amounts falling due within one year 4 4,497,423 3,760,639
NET CURRENT ASSETS 6,871,324 6,025,721
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,871,324
6,025,721

CREDITORS
Amounts falling due after more than one
year
5
6,905,793
6,051,001
NET LIABILITIES (34,469 ) (25,280 )

CAPITAL AND RESERVES
Called up share capital 6 20 20
Retained earnings 7 (34,489 ) (25,300 )
SHAREHOLDERS' FUNDS (34,469 ) (25,280 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 21 May 2019 and were signed by:




J Fried - Director


The notes form part of these financial statements

Page 2
LONDON AND FULHAM LIMITED (REGISTERED NUMBER: 09439166)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018

1. STATUTORY INFORMATION

London And Fulham Limited 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.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
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
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.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade debtors 200 200
Other debtors 895,716 1,065,508
895,916 1,065,708

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade creditors 561,260 528,439
Other creditors 3,936,163 3,232,200
4,497,423 3,760,639

Page 3 continued...
LONDON AND FULHAM LIMITED (REGISTERED NUMBER: 09439166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.18 28.2.17
£    £   
Bank loans 6,905,793 6,051,001

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,905,793 6,051,001

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28.2.18 28.2.17
value: £    £   
20 Ordinary £1 20 20

7. RESERVES
Retained
earnings
£   

At 1 March 2017 (25,300 )
Deficit for the year (9,189 )
At 28 February 2018 (34,489 )

8. ULTIMATE CONTROLLING PARTY

Zilla Ventures Limited

Page 4