Company Registration No. 07587864 (England and Wales)
NORTHSKULL LIMITED
Unaudited accounts
for the year ended 30 April 2019
NORTHSKULL LIMITED
Unaudited accounts
Contents
NORTHSKULL LIMITED
Company Information
for the year ended 30 April 2019
Directors
MR D CHRISTIAN
MR K FORBES
Company Number
07587864 (England and Wales)
Registered Office
UNIT 2 CURLEW HOUSE TRINITY PARK
TRINITY WAY
LONDON
E4 8TD
ENGLAND
NORTHSKULL LIMITED
Statement of financial position
as at 30 April 2019
Intangible assets
4,950
4,950
Tangible assets
8,249
33,789
Cash at bank and in hand
12,992
70,331
Creditors: amounts falling due within one year
(433,225)
(339,604)
Net current liabilities
(149,952)
(94,696)
Total assets less current liabilities
(136,753)
(55,957)
Creditors: amounts falling due after more than one year
(7,090)
(9,613)
Net liabilities
(143,843)
(65,570)
Called up share capital
1,000
1,000
Profit and loss account
(144,843)
(66,570)
Shareholders' funds
(143,843)
(65,570)
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 directors acknowledge their 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 30 January 2020.
MR D CHRISTIAN
Director
Company Registration No. 07587864
NORTHSKULL LIMITED
Notes to the Accounts
for the year ended 30 April 2019
NORTHSKULL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07587864. The registered office is UNIT 2 CURLEW HOUSE TRINITY PARK, TRINITY WAY, LONDON, E4 8TD, ENGLAND.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Other
NORTHSKULL LIMITED
Notes to the Accounts
for the year ended 30 April 2019
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2018
31,415
93,153
124,568
At 30 April 2019
31,415
93,153
124,568
At 1 May 2018
26,673
64,106
90,779
Charge for the year
4,215
21,325
25,540
At 30 April 2019
30,888
85,431
116,319
At 30 April 2019
527
7,722
8,249
At 30 April 2018
4,742
29,047
33,789
Finished goods
90,000
71,000
Trade debtors
180,281
103,577
8
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
92,774
-
Trade creditors
183,737
146,787
Taxes and social security
33,708
41,083
Loans from directors
122,530
151,248
9
Creditors: amounts falling due after more than one year
2019
2018
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Average number of employees
During the year the average number of employees was 0 (2018: 8).
