Pink Powder Limited - Accounts to registrar (filleted) - small 18.2

Pink Powder Limited - Accounts to registrar (filleted) - small 18.2

PINK POWDER LIMITED - Company Information

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REGISTERED NUMBER: 05259279 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

PINK POWDER LIMITED
PINK POWDER LIMITED (REGISTERED NUMBER: 05259279)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


PINK POWDER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2019







DIRECTORS: Mrs V Gkougkouli
Y Kalogeropoulos





SECRETARY: Mrs V Gkougkouli





REGISTERED OFFICE: 10 Lonsdale Gardens
TUNBRIDGE WELLS
Kent
TN1 1NU





REGISTERED NUMBER: 05259279 (England and Wales)





ACCOUNTANTS: Wells Associates
10 Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU
Page 1
PINK POWDER LIMITED (REGISTERED NUMBER: 05259279)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2019

2019 2018
Notes £    £   
CURRENT ASSETS
Inventories 5 80,000 72,500
Debtors 6 65,439 23,705
Cash at bank 108,369 84,519
253,808 180,724
CREDITORS
Amounts falling due within one year 7 223,397 176,329
NET CURRENT ASSETS 30,411 4,395
TOTAL ASSETS LESS CURRENT
LIABILITIES
30,411
4,395

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 30,410 4,394
SHAREHOLDERS' FUNDS 30,411 4,395

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 31 January 2020 and were signed on its behalf by:





Mrs V Gkougkouli - Director


The notes form part of these financial statements

Page 2
PINK POWDER LIMITED (REGISTERED NUMBER: 05259279)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019

1. STATUTORY INFORMATION

Pink Powder 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
Revenue 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.
Computer equipment - 33.33% on cost

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 3 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 January 2019
and 31 December 2019 3,799
DEPRECIATION
At 1 January 2019
and 31 December 2019 3,799
NET BOOK VALUE
At 31 December 2019 -
At 31 December 2018 -

5. INVENTORIES
2019 2018
£    £   
Stocks 80,000 72,500

Page 3 continued...
PINK POWDER LIMITED (REGISTERED NUMBER: 05259279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2019

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 65,169 23,705
Other debtors 270 -
65,439 23,705

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors 2,961 6,000
Social security and other taxes 3,473 1,012
Other creditors 38 42
Directors' current accounts 215,119 167,605
Accrued expenses 1,806 1,670
223,397 176,329

Page 4