Company Registration No. 11093638 (England and Wales)
ARGENT LABS LIMITED
Unaudited accounts
for the period from 4 December 2017 to 31 December 2018
ARGENT LABS LIMITED
Unaudited accounts
Contents
ARGENT LABS LIMITED
Company Information
for the period from 4 December 2017 to 31 December 2018
Directors
Graeme Douglas BLACKWOOD
Itamar LESUISSE
Julien Gregoire Georges NISET
Company Number
11093638 (England and Wales)
Registered Office
C/O RAPID FORMATIONS 71-75 SHELTONSTREET
COVENT GARDEN
LONDON
WC2H 9JQ
UNITED KINGDOM
ARGENT LABS LIMITED
Statement of financial position
as at 31 December 2018
Cash at bank and in hand
2,131,420
Creditors: amounts falling due within one year
130,718
Net current assets
2,286,826
Profit and loss account
(847,567)
Shareholders' funds
2,339,437
For the period ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 16 August 2019.
Itamar LESUISSE
Director
Company Registration No. 11093638
ARGENT LABS LIMITED
Notes to the Accounts
for the period from 4 December 2017 to 31 December 2018
ARGENT LABS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11093638. The registered office is C/O RAPID FORMATIONS 71-75 SHELTONSTREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the company continues to adopt the going concern basis of accounting in preparing the financial statements.
Expenditure on research and development is written off in the year in which it is incurred.
ARGENT LABS LIMITED
Notes to the Accounts
for the period from 4 December 2017 to 31 December 2018
4
Intangible fixed assets
Other
At 31 December 2018
30,800
Charge for the period
1,847
At 31 December 2018
28,953
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
1,205
25,537
26,742
At 31 December 2018
1,205
25,537
26,742
Charge for the period
46
3,038
3,084
At 31 December 2018
46
3,038
3,084
At 31 December 2018
1,159
22,499
23,658
Accrued income and prepayments
13,000
7
Creditors: amounts falling due within one year
2018
Taxes and social security
(144,084)
8
Average number of employees
During the period the average number of employees was 6.
