Peter Stern Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03046337 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th April 2019

for

Peter Stern Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Stern

SECRETARY:

Mrs M Stern

REGISTERED OFFICE:

129 High Street

Teddington

Middlesex

TW11 8HJ

REGISTERED NUMBER:

03046337 (England and Wales)

ACCOUNTANTS:

Butters & Company

Chartered Accountants

129 High Street

Teddington

Middlesex

TW11 8HJ

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

2

433

3

434

CURRENT ASSETS

Stocks

-

31,080

CREDITORS

Amounts falling due within one year

25,499

38,696

NET CURRENT LIABILITIES

(25,499

)

(7,616

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(25,496

)

(7,182

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(25,596

)

(7,282

)

SHAREHOLDERS' FUNDS

(25,496

)

(7,182

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Balance Sheet for the year ended 30th April 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 12th January 2020 and were signed by:

P Stern - Director

1.	STATUTORY INFORMATION

Peter Stern 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 represents sales of services, excluding value added tax.

Intangible fixed assets

Website costs are written off evenly over four years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Stock and work in progress

Stock and work in progress are stated at the lower of cost and net realisable value. Cost includes all direct costs

incurred in bringing the stock to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st May 2018

and 30th April 2019

7,668

AMORTISATION

At 1st May 2018

and 30th April 2019

7,667

NET BOOK VALUE

At 30th April 2019

1

At 30th April 2018

1

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st May 2018

and 30th April 2019

44,451

DEPRECIATION

At 1st May 2018

44,018

Charge for year

431

At 30th April 2019

44,449

NET BOOK VALUE

At 30th April 2019

2

At 30th April 2018

433

6.	ULTIMATE CONTROLLING PARTY

The controlling party is P Stern.