Prudence Sykes Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09363507 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

Prudence Sykes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Miss P L Sykes

REGISTERED OFFICE:

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

BUSINESS ADDRESS:

Farnley Wood House

Farnley Wood

Almondbury

Huddersfield

West Yorkshire

HD4 6SJ

REGISTERED NUMBER:

09363507 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

FIXED ASSETS

Tangible assets

5

2,167

2,550

CURRENT ASSETS

Debtors

6

-

2,718

Cash at bank

17,726

4,145

17,726

6,863

CREDITORS

Amounts falling due within one year

7

7,959

8,854

NET CURRENT ASSETS/(LIABILITIES)

9,767

(1,991

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,934

559

PROVISIONS FOR LIABILITIES

368

434

NET ASSETS

11,566

125

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

11,565

124

SHAREHOLDERS' FUNDS

11,566

125

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 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director on 17 September 2019 and were signed by:

Miss P L Sykes - Director

1.	STATUTORY INFORMATION

Prudence Sykes 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.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost

convention.

Significant judgements and estimates

The principal accounting policies and significant judgements and estimates applied in the preparation

of these financial statements are set out below. These policies, judgements and estimates have been

consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents amounts earned on services provided during the year and derives from the

provision of goods falling within the company's ordinary activities.

Tangible fixed assets

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

All fixed assets are initially recorded at cost.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Ride

equipment

£

COST

At 1 January 2018

and 31 December 2018

3,000

DEPRECIATION

At 1 January 2018

450

Charge for year

383

At 31 December 2018

833

NET BOOK VALUE

At 31 December 2018

2,167

At 31 December 2017

2,550

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

-

2,718

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

-

744

Taxation and social security

7,215

7,366

Other creditors

744

744

7,959

8,854

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

1

Ordinary

£1

1

1

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2018

and 31 December 2017:

2018

2017

£

£

Miss P L Sykes

Balance outstanding at start of year

2,718

4,112

Amounts advanced

26,600

45,844

Amounts repaid

(29,318

)

(47,238

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

2,718