20 Sixteen Limited - Accounts to registrar (filleted) - small 18.2

20 Sixteen Limited - Accounts to registrar (filleted) - small 18.2

20 SIXTEEN LIMITED - Company Information

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REGISTERED NUMBER: 07134387 (England and Wales)











Financial Statements

for the Year Ended 31 December 2018

for

20 SIXTEEN LIMITED
20 SIXTEEN LIMITED (REGISTERED NUMBER: 07134387)






Contents of the Financial Statements
for the Year Ended 31 December 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


20 SIXTEEN LIMITED

Company Information
for the Year Ended 31 December 2018







DIRECTORS: Mr J A Steinberg
Mrs A Steinberg





SECRETARY: Mrs A Steinberg





REGISTERED OFFICE: Suite 404
324 Regent Street
London
W1B 3HH





REGISTERED NUMBER: 07134387 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY
Page 1
20 SIXTEEN LIMITED (REGISTERED NUMBER: 07134387)

Abridged Balance Sheet
31 December 2018

31.12.18 31.12.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 439 3,288

CURRENT ASSETS
Debtors 38,111 17,140
Cash at bank 33,972 46,224
72,083 63,364
CREDITORS
Amounts falling due within one year 33,683 28,037
NET CURRENT ASSETS 38,400 35,327
TOTAL ASSETS LESS CURRENT
LIABILITIES
38,839
38,615

PROVISIONS FOR LIABILITIES 5 230 625
NET ASSETS 38,609 37,990

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,509 37,890
SHAREHOLDERS' FUNDS 38,609 37,990

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 directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
20 SIXTEEN LIMITED (REGISTERED NUMBER: 07134387)

Abridged Balance Sheet - continued
31 December 2018


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 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 Board of Directors on 27 September 2019 and
were signed on its behalf by:





Mr J A Steinberg - Director


The notes form part of these financial statements

Page 3
20 SIXTEEN LIMITED (REGISTERED NUMBER: 07134387)

Notes to the Financial Statements
for the Year Ended 31 December 2018

1. STATUTORY INFORMATION

20 Sixteen 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 currency of the financial statements is the Pound Sterling (£).


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 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 cost
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.

Page 4 continued...
20 SIXTEEN LIMITED (REGISTERED NUMBER: 07134387)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2018
and 31 December 2018 10,209
DEPRECIATION
At 1 January 2018 6,921
Charge for year 2,849
At 31 December 2018 9,770
NET BOOK VALUE
At 31 December 2018 439
At 31 December 2017 3,288

5. PROVISIONS FOR LIABILITIES
31.12.18 31.12.17
£    £   
Deferred tax 230 625

Deferred
tax
£   
Balance at 1 January 2018 625
Provided during year (395 )
Balance at 31 December 2018 230

Page 5