Laserperformance (Europe) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00922893 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

Laserperformance (Europe) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

4

DIRECTOR:

K Jahanshad

REGISTERED OFFICE:

Station Works

Station Road

Long Buckby

Northamptonshire

NN6 7PF

REGISTERED NUMBER:

00922893 (England and Wales)

ACCOUNTANTS:

Faiz & Co. Limited

Chartered Accountants

8B Accommodation Road

London

NW11 8ED

CURRENT ASSETS

Cash at bank

32,477

84,938

CREDITORS

Amounts falling due within one year

3

2,024,275

2,076,736

NET CURRENT LIABILITIES

(1,991,798

)

(1,991,798

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,991,798

)

(1,991,798

)

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

(2,041,798

)

(2,041,798

)

(1,991,798

)

(1,991,798

)

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.

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:

K Jahanshad - Director

1.	STATUTORY INFORMATION

Laserperformance (Europe) 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.

Tangible fixed assets

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

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.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/18

31/12/17

£

£

Amounts owed to group undertakings

2,024,275

2,076,736

4.	ULTIMATE CONTROLLING PARTY

The controlling party is Full Moon Holdings Limited.

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain

other primary statements and the Report of the Director are not required to be filed with the

Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2018 set out on pages one to twenty and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Faiz & Co. Limited

Chartered Accountants

8B Accommodation Road

London

NW11 8ED

17 September 2019