Strand Communications Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02896124 (England and Wales)

Strand Communications Limited

Unaudited Financial Statements

for the Year Ended 31 December 2018

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C. T Chapman-Dawe

D Northover

E Kelly

Mrs H Green

SECRETARY:

C. T Chapman-Dawe

REGISTERED OFFICE:

165 The Broadway

London

SW19 1NE

REGISTERED NUMBER:

02896124 (England and Wales)

ACCOUNTANTS:

M Goddard & Co

Chartered Accountants

69 Tupwood Lane

Caterham

Surrey

CR3 6DD

FIXED ASSETS

Tangible assets

4

18,871

24,464

CURRENT ASSETS

Debtors

691,387

521,619

Cash at bank

650,618

389,550

1,342,005

911,169

CREDITORS

Amounts falling due within one year

505,074

417,947

NET CURRENT ASSETS

836,931

493,222

TOTAL ASSETS LESS CURRENT LIABILITIES

855,802

517,686

PROVISIONS FOR LIABILITIES

992

995

NET ASSETS

854,810

516,691

CAPITAL AND RESERVES

Called up share capital

1,111

1,111

Retained earnings

853,699

515,580

SHAREHOLDERS' FUNDS

854,810

516,691

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

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

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 19 August 2019 and were signed on its behalf by:

C. T Chapman-Dawe - Director

D Northover - Director

1.	STATUTORY INFORMATION

Strand Communications 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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. A provision for services carried

out but not invoiced at the year end as well as a provision for services invoiced before the year end but carried

out after are also included in turnover.

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

-

50% on cost and 25% on cost

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 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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate. Pension contributions paid in the year

amounted to £34,708 (2017:£34,060).

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2017 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2018

97,648

Additions

3,547

At 31 December 2018

101,195

DEPRECIATION

At 1 January 2018

73,184

Charge for year

9,140

At 31 December 2018

82,324

NET BOOK VALUE

At 31 December 2018

18,871

At 31 December 2017

24,464

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £560,004 (2017 - £550,004) were paid to the directors .

At the year end the company owed the directors the following: C T Chapman-Dawe £26,752 (2017: £74,375)

and D Northover £26,520 (2016:£74,517).