Company Registration No. 09354808 (England and Wales)
London House Projects Ltd.
Unaudited accounts
for the year ended 31 December 2018
London House Projects Ltd.
Unaudited accounts
Contents
London House Projects Ltd.
Company Information
for the year ended 31 December 2018
Company Number
09354808 (England and Wales)
Registered Office
13 Foundry Mews
Barnes High Street
London
SW13 9AZ
Accountants
Susan Appleton Accountancy Ltd
2 Carters Way
Wisborough Green
Billingshurst
West Sussex
RH14 0BY
London House Projects Ltd.
Statement of financial position
as at 31 December 2018
Cash at bank and in hand
142
1,270
Creditors: amounts falling due within one year
(131,295)
(5,394)
Net current liabilities
(52,593)
(3,925)
Total assets less current liabilities
(20,683)
(3,925)
Creditors: amounts falling due after more than one year
(8,679)
-
Net liabilities
(29,362)
(3,925)
Called up share capital
12
12
Profit and loss account
(29,374)
(3,937)
Shareholders' funds
(29,362)
(3,925)
For the year 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 director acknowledges his 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 14 September 2019.
Paul Stevens
Director
Company Registration No. 09354808
London House Projects Ltd.
Notes to the Accounts
for the year ended 31 December 2018
London House Projects Ltd. is a private company, limited by shares, registered in England and Wales, registration number 09354808. The registered office is 13 Foundry Mews, Barnes High Street, London, SW13 9AZ.
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 remained unchanged from the previous year, and also 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% of cost
Computer equipment
25% of cost
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
35,459
1,346
581
37,386
At 31 December 2018
35,459
1,346
581
37,386
Charge for the year
5,424
28
24
5,476
At 31 December 2018
5,424
28
24
5,476
At 31 December 2018
30,035
1,318
557
31,910
London House Projects Ltd.
Notes to the Accounts
for the year ended 31 December 2018
Accrued income and prepayments
26,928
199
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
4,272
-
Obligations under finance leases and hire purchase contracts
15,150
-
Taxes and social security
49,899
1,351
Other creditors
16,457
3,413
Loans from directors
542
204
Creditors include net obligations under hire purchase contracts which are secured of £23,829 (2017: £nil). The hire purchase contracts are secured on the assets concerned.
7
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
8,679
-
Allotted, called up and fully paid:
12 Ordinary shares of £1 each
12
12
9
Transactions with related parties
During the year the company made an unsecured loan to London House Maintenance Ltd, a company in which the director of London House Design Ltd owns shares. The loan is repayable on demand and interest free. At 31 December 2018 the balance was £21,791 (2017 : £171) .
10
Average number of employees
During the year the average number of employees was 4 (2017: 2).
