Posh Space Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04902663 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2019

for

Posh Space Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs HB Riches

SECRETARY:

REGISTERED OFFICE:

22 Burcote Road

London

SW18 3LQ

REGISTERED NUMBER:

04902663 (England and Wales)

ACCOUNTANTS:

McDermott & Co

Unit 111, The Light Bulb

1 Filament Walk

London

SW18 4GQ

FIXED ASSETS

Tangible assets

4

2,700

346

CURRENT ASSETS

Debtors

221

76

Cash at bank

1,228

6,262

1,449

6,338

CREDITORS

Amounts falling due within one year

8,514

4,557

NET CURRENT (LIABILITIES)/ASSETS

(7,065

)

1,781

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,365

)

2,127

PROVISIONS FOR LIABILITIES

516

-

NET (LIABILITIES)/ASSETS

(4,881

)

2,127

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(4,882

)

2,126

SHAREHOLDERS' FUNDS

(4,881

)

2,127

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 in accordance with Section 476 of the Companies Act 2006.

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.

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 Income Statement and an abridged Balance Sheet for the year ended 28 February 2019 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 director on 12 November 2019 and were signed by:

Mrs HB Riches - Director

1.	STATUTORY INFORMATION

Posh Space 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

-

25% on cost

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2018

3,564

Additions

3,600

At 28 February 2019

7,164

DEPRECIATION

At 1 March 2018

3,218

Charge for year

1,246

At 28 February 2019

4,464

NET BOOK VALUE

At 28 February 2019

2,700

At 28 February 2018

346

5.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs HB Riches.