Red Toaster Ltd - Accounts to registrar (filleted) - small 18.2
Red Toaster Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2019 |
| for |
| Red Toaster Ltd |
| Red Toaster Ltd (Registered number: 10031252) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2019 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
| Red Toaster Ltd (Registered number: 10031252) |
| Balance Sheet |
| 31 March 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Investment property | 3 |
| Current assets |
| Debtors | 4 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 5 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
6 |
( |
) |
( |
) |
| Provisions for liabilities | 7 | ( |
) |
| Net assets |
| Red Toaster Ltd (Registered number: 10031252) |
| Balance Sheet - continued |
| 31 March 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| Capital and reserves |
| Called up share capital | 8 |
| Fair value reserve | 9 |
| Retained earnings | ( |
) | ( |
) |
| Shareholders' funds |
| 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. |
| 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 |
| Red Toaster Ltd (Registered number: 10031252) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2019 |
| 1. | Statutory information |
| Red Toaster Ltd is a |
| company's registered number and registered office address are as below: |
| Registered number: | 10031252 |
| Registered office: | Pound House |
| 62a Highgate High Street |
| London |
| N6 5HX |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from |
| changes in fair value is recognised in profit or loss. |
| 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. |
| Red Toaster Ltd (Registered number: 10031252) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2019 |
| 2. | Accounting policies - continued |
| 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. | Investment property |
| Total |
| £ |
| Fair value |
| At 1 April 2018 |
| and 31 March 2019 |
| Net book value |
| At 31 March 2019 |
| At 31 March 2018 |
| Fair value at 31 March 2019 is represented by: |
| £ |
| Valuation in 2016 | 465,268 |
| 4. | Debtors: amounts falling due within one year |
| 2019 | 2018 |
| £ | £ |
| Amounts owed by associates |
| Deferred tax asset |
| Prepayments |
| Red Toaster Ltd (Registered number: 10031252) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2019 |
| 5. | Creditors: amounts falling due within one year |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Amounts owed to associates | 48,817 | 48,817 |
| Other creditors |
| Directors' current accounts | 50,109 | 41,791 |
| 6. | Creditors: amounts falling due after more than one year |
| 2019 | 2018 |
| £ | £ |
| Other loans |
| 7. | Provisions for liabilities |
| 2018 |
| £ |
| Deferred tax |
| Tax losses carried forward | ( |
) |
| Tax on fair value adjustment | 12,131 |
| 3,432 |
| Deferred |
| tax |
| £ |
| Balance at 1 April 2018 |
| Provided during year | ( |
) |
| Balance at 31 March 2019 | ( |
) |
| 8. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2019 | 2018 |
| value: | £ | £ |
| A Ordinary 0.1p | 0.1p | 111 | 111 |
| Red Toaster Ltd (Registered number: 10031252) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2019 |
| 9. | Reserves |
| Fair |
| value |
| reserve |
| £ |
| At 1 April 2018 |
| and 31 March 2019 |
| 10. | Ultimate controlling party |
| The ultimate controlling party is |