Your IT Support Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06029755 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

Your IT Support Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C S Noffki

SECRETARY:

M Noffki

REGISTERED OFFICE:

119 The Hub

300 Kensal Road

London

W10 5BE

REGISTERED NUMBER:

06029755 (England and Wales)

ACCOUNTANT:

Hilton Consulting Limited

119 The Hub

300 Kensal Road

London

W10 5BE

FIXED ASSETS

Tangible assets

3

458

-

CURRENT ASSETS

Debtors

817

950

Cash at bank

3,955

947

4,772

1,897

CREDITORS

Amounts falling due within one year

29,978

37,494

NET CURRENT LIABILITIES

(25,206

)

(35,597

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,748

)

(35,597

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(25,748

)

(36,597

)

SHAREHOLDERS' FUNDS

(24,748

)

(35,597

)

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 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and 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 director on 17 September 2019 and were signed by:

C S Noffki - Director

1.	STATUTORY INFORMATION

Your IT Support 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.

The accounts have been prepared on a going concern basis as the company has been given the continued financial

support of its director On this basis, the director considers it appropriate to prepare the financial statements on a going

concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the director's

support.

Turnover

Turnover represents the sale of 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.

Computer equipment

-

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.

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2018

1,594

Additions

611

At 31 December 2018

2,205

DEPRECIATION

At 1 January 2018

1,594

Charge for year

153

At 31 December 2018

1,747

NET BOOK VALUE

At 31 December 2018

458

At 31 December 2017

-