Len Beaman (St Helens) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11145901 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

11 JANUARY 2018 TO 31 JANUARY 2019

FOR

LEN BEAMAN (ST HELENS) LTD

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Stocks

473,364

Debtors

4

11,831

Cash at bank

28

485,223

CREDITORS

Amounts falling due within one year

5

521,749

NET CURRENT LIABILITIES

(36,526

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(36,526

)

CAPITAL AND RESERVES

Called up share capital

7

200

Retained earnings

(36,726

)

SHAREHOLDERS' FUNDS

(36,526

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2019 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 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 Board of Directors on 11 October 2019 and were signed on its behalf by:

H Soni - Director

P A Szydlik - Director

1.	STATUTORY INFORMATION

Len Beaman (St Helens) Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address are as below:

Registered number:

11145901

Registered office:

19-21 Bridgeman Terrace

Wigan

Lancashire

WN1 1TD

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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 period 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

11,831

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

240,188

Trade creditors

40,028

Other creditors

241,533

521,749

6.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

240,188

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

200

Ordinary

1

200

200 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.