Something Visual Ltd Filleted accounts for Companies House (small and micro)
Something Visual Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05979697
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Statement of Financial Position |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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Net assets |
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Statement of Financial Position (continued) |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
24 May 2019
, and are signed on behalf of the board by:
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Director |
Company registration number:
05979697
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Notes to the Financial Statements |
Year ended 31 October 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Bitteswell Road, Lutterworth, Leics, LE17 4EL.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & machinery |
- |
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Fixtures & fittings |
- |
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Motor vehicles |
- |
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Office equipment |
- |
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Impairment of fixed assets
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2017:
2
).
5.
Tangible assets
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 November 2017 |
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Additions |
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Disposals |
– |
(
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(
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– |
(
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-------- |
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At 31 October 2018 |
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Depreciation |
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At 1 November 2017 |
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Charge for the year |
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Disposals |
– |
(
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(
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– |
(
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At 31 October 2018 |
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– |
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Carrying amount |
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At 31 October 2018 |
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At 31 October 2017 |
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6.
Debtors
2018 |
2017 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
– |
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Other creditors |
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8.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2018 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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(
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-------- |
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(
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(
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-------- |
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2017 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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(
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-------- |
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(
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(
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-------- |
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9.
Related party transactions
The company was under the control of the director, Mr West and his wife throughout period. No transactions with related parties were undertaken such as are required to be disclosed under FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.