Tomorrow Delivery Limited - Accounts to registrar (filleted) - small 18.2

Tomorrow Delivery Limited

Unaudited Financial Statements for the Year Ended 22 January 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

W K Lin

W L Tham

SECRETARY:

Mrs S Lin

REGISTERED OFFICE:

Cheerful Links Ltd

Unit 1 Victoria Road

Stoke on Trent

Staffordshire

ST4 2HS

REGISTERED NUMBER:

10571376 (England and Wales)

ACCOUNTANTS:

Matthews Sutton & Co Ltd

Chartered Certified Accountants

48 - 52 Penny Lane

Mossley Hill

Liverpool

Merseyside

L18 1DG

FIXED ASSETS

Tangible assets

4

6,395

647

Investment property

5

89,829

-

96,224

647

CURRENT ASSETS

Stocks

-

2,186

Debtors

6

1,305

10,110

Cash at bank and in hand

17,675

5,145

18,980

17,441

CREDITORS

Amounts falling due within one year

7

107,165

15,215

NET CURRENT (LIABILITIES)/ASSETS

(88,185

)

2,226

TOTAL ASSETS LESS CURRENT LIABILITIES

8,039

2,873

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,939

2,773

8,039

2,873

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 22 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 22 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 17 October 2019 and were signed on its behalf by:

W K Lin - Director

1.	STATUTORY INFORMATION

Tomorrow Delivery 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance and 20% on reducing balance

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.

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 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 23 January 2018

1,028

Additions

7,418

At 22 January 2019

8,446

DEPRECIATION

At 23 January 2018

381

Charge for year

1,670

At 22 January 2019

2,051

NET BOOK VALUE

At 22 January 2019

6,395

At 22 January 2018

647

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

89,829

At 22 January 2019

89,829

NET BOOK VALUE

At 22 January 2019

89,829

Investment properties were valued using the market data by the director on the 22/01/2019

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

22.1.19

22.1.18

£

£

Trade debtors

-

10,110

Other debtors

1,305

-

1,305

10,110

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

22.1.19

22.1.18

£

£

Trade creditors

11,051

11,053

Taxation and social security

-

710

Other creditors

96,114

3,452

107,165

15,215