ACCOUNTS - Final Accounts

SPLIT SHARE LIMITED - Company Information

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Registered number: 10758996

SPLIT SHARE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2019

SPLIT SHARE LIMITED

REGISTERED NUMBER: 10758996

BALANCE SHEET

AS AT 31 MAY 2019

		2019		2018
Note		£		£



Creditors: amounts falling due within one year	4	(13,473)		(8,138)
Net current liabilities			(13,473)		(8,138)
Total assets less current liabilities			(13,473)		(8,138)

Net liabilities			(13,473)		(8,138)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(13,573)	(8,238)
	(13,473)	(8,138)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements 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 Company has opted not to file the profit and loss account and directors report in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Z Hartnell

Director

Date: 28 February 2020

The notes on pages 2 to 3 form part of these financial statements.

Page 1

SPLIT SHARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2019

1.	General information

Split Share Limited is a private company limited by shares and incorporated in England and Wales. The registered address is 133a Ferndale Road, London, SW4 7RN. The company's registered number is 10758996.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The Company has elected to apply all amendments to FRS 102, as set out in the triennial review published in December 2017, prior to the mandatory adoption for accounting periods beginning on or after 1 January 2019.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis based on the continued support of the company's creditors and financiers which, in the opinion of the directors, the company has for the foreseeable future.

2.3

Creditors

Short term creditors are measured at the transaction price.

2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the year was 1 (2018 - 1).

4.	Creditors: Amounts falling due within one year
		2019	2018
		£	£

Other creditors	12,513	8,138
Accruals and deferred income	960	-
	13,473	8,138

Page 2

SPLIT SHARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2019

5.	Related party transactions
	Included in other creditors is an interest free loan to the value of £12,513 (2018 - £8,138) due to the director. This is repayable on demand.

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