Company Registration No. 10003150 (England and Wales)
Julia & Rana Ltd
ANNUAL REPORT AND UNAUDITED ACCOUNTS
for the year ended 30 April 2019
Julia & Rana Ltd
ANNUAL REPORT AND UNAUDITED ACCOUNTS
Contents
Julia & Rana Ltd
Company Information
for the year ended 30 April 2019
Director
Muhammad INAM-UL-HAQ RANA
Company Number
10003150 (England and Wales)
Registered Office
320 Romford Road
London
E7 8BD
Accountants
Legend Financial and Tax Advisers Limited
Citygate House
246 - 250 Romford Road
London
E7 9HZ
Julia & Rana Ltd
Statement of financial position
as at 30 April 2019
Tangible assets
8,366
8,821
Cash at bank and in hand
1,286
11,814
Creditors: amounts falling due within one year
(7,051)
(19,645)
Net current liabilities
(5,665)
(7,731)
Total assets less current liabilities
2,701
1,090
Creditors: amounts falling due after more than one year
-
(210)
Called up share capital
100
100
Profit and loss account
2,601
780
Shareholders' funds
2,701
880
For the year ending 30 April 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 January 2020.
Muhammad INAM-UL-HAQ RANA
Director
Company Registration No. 10003150
Julia & Rana Ltd
Notes to the Accounts
for the year ended 30 April 2019
Julia & Rana Ltd is a private company, limited by shares, registered in England and Wales, registration number 10003150. The registered office is 320 Romford Road, London, E7 8BD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance Method
Computer equipment
20% Reducing Balance Method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2018
7,163
6,620
13,783
At 30 April 2019
7,163
8,257
15,420
At 1 May 2018
2,579
2,383
4,962
Charge for the year
917
1,175
2,092
At 30 April 2019
3,496
3,558
7,054
At 30 April 2019
3,667
4,699
8,366
At 30 April 2018
4,584
4,237
8,821
Julia & Rana Ltd
Notes to the Accounts
for the year ended 30 April 2019
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
1,581
1,042
Other creditors
3,835
3,581
Loans from directors
1,635
-
Corporation Tax Payable: £520
PAYE & N.I Payable: £982
7
Creditors: amounts falling due after more than one year
2019
2018
8
Average number of employees
During the year the average number of employees was 4 (2018: 2).
