Hudson Designers Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06421940 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2018

for

Hudson Designers Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms N Hudson

REGISTERED OFFICE:

12a Marlborough Place

BRIGHTON

East Sussex

BN1 1WN

REGISTERED NUMBER:

06421940 (England and Wales)

ACCOUNTANTS:

Ghiaci Goodhand Smith Limited

12a Marlborough Place

BRIGHTON

East Sussex

BN1 1WN

FIXED ASSETS

Tangible assets

4

1,614

1,614

CURRENT ASSETS

Debtors

5

3,700

3,700

Cash at bank and in hand

237

237

3,937

3,937

CREDITORS

Amounts falling due within one year

6

26,450

26,450

NET CURRENT LIABILITIES

(22,513

)

(22,513

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(20,899

)

(20,899

)

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

(20,901

)

(20,901

)

SHAREHOLDERS' FUNDS

(20,899

)

(20,899

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 30 August 2019 and were signed by:

Ms N Hudson - Director

1.	STATUTORY INFORMATION

Hudson Designers 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.

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 goods and services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 December 2017

and 30 November 2018

416

9,544

9,960

DEPRECIATION

At 1 December 2017

and 30 November 2018

374

7,972

8,346

NET BOOK VALUE

At 30 November 2018

42

1,572

1,614

At 30 November 2017

42

1,572

1,614

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Other debtors

3,700

3,700

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Director's loan account

25,350

25,349

Accrued expenses

1,100

1,101

26,450

26,450

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.18

30.11.17

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Retained

earnings

£

At 1 December 2017

(20,901

)

Profit for the year

-

At 30 November 2018

(20,901

)

9.	CONTROLLING PARTY

The company was controlled by its director, Ms N Hudson, throughout the period.