Stickyworld Limited - Accounts to registrar (filleted) - small 18.2
Stickyworld Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31st March 2019 |
| for |
| Stickyworld Limited |
| Stickyworld Limited (Registered number: 07144143) |
| Contents of the Financial Statements |
| for the Year Ended 31st March 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Stickyworld Limited |
| Company Information |
| for the Year Ended 31st March 2019 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 45 Beaufort Court |
| Admirals Way |
| London |
| E14 9XL |
| Stickyworld Limited (Registered number: 07144143) |
| Balance Sheet |
| 31st March 2019 |
| 2019 | 2018 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| 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 |
| Stickyworld Limited (Registered number: 07144143) |
| Notes to the Financial Statements |
| for the Year Ended 31st March 2019 |
| 1. | STATUTORY INFORMATION |
| Stickyworld Limited is a |
| number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements are prepared in pounds sterling, which is the functional currency of the company. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added |
| tax and other sales taxes. |
| Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where |
| turnover is recognised when the company obtains the right to consideration. |
| Tangible fixed assets |
| Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Computer Equipment | -33% on cost |
| Government grants |
| Government grants received in relation to tangible fixed asset are credited to the Income Statement over the useful lives of |
| the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to the Income |
| Statement. |
| 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 between the taxable profits and the results as stated in the financial statements that arise from the |
| inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial |
| statements. |
| A net deferred tax asset is regarded as recoverable and therefore recognised only when it can be regarded as more likely than |
| not that there will be suitable taxable profits from which the future reversal of underlying timing differences can be |
| deducted. |
| Deferred tax is not recognised when fixed assets are revalued unless by the balance sheet date there is a binding agreement |
| to sell the revalued assets and the asset has been revalued to selling price. Neither is deferred tax recognised when fixed |
| assets are sold and it is more likely than not that the taxable gain will be rolled over, being charged to tax only if and when |
| the replacement assets are sold. |
| Deferred tax is measured at the average tax rates that are expected to apply in the periods in which the timing differences are |
| expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date. Deferred tax is measured |
| on a non-discounted basis. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are |
| charged to profit or loss in the period to which they relate. |
| Stickyworld Limited (Registered number: 07144143) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st March 2019 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Computer |
| equipment |
| £ |
| COST |
| At 1st April 2018 |
| and 31st March 2019 |
| DEPRECIATION |
| At 1st April 2018 |
| Charge for year |
| At 31st March 2019 |
| NET BOOK VALUE |
| At 31st March 2019 |
| At 31st March 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans |