Contents of the Financial Statements

for the Period Ended 30 June 2019

Company Information

for the Period Ended 30 June 2019

Directors' Report Period Ended 30 June 2019

The directors present their report with the financial statements of the company for the period ended 30 June 2019

Directors

The directors shown below have held office during the whole of the period from 01 July 2018 to 30 June 2019
James Collins

Balance sheet

As at 30 June 2019

The notes form part of these financial statements

Balance sheet continued

As at 30 June 2019

For the year ending 30 June 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 June 2019

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

  Tangible fixed assets depreciation policy

  Depreciation has been provided in the accounts in order to write off the assets over their estimated useful lives. Fixtures and fittings have been depreciated over 10 years on a straight line basis and office equipment (including computer equipment) has been depreciated over 3 years on a straight line basis.

  Other accounting policies

  Deferred taxation: Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation. A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted.

Notes to the Financial Statements

for the Period Ended 30 June 2019

• 2. Employees

  	2019	2018
  Average number of employees during the period	1	1

Notes to the Financial Statements

for the Period Ended 30 June 2019

• 3. Off balance sheet disclosure

  No

Notes to the Financial Statements

for the Period Ended 30 June 2019

4. Dividends

Notes to the Financial Statements

for the Period Ended 30 June 2019

5. Tangible Assets

Notes to the Financial Statements

for the Period Ended 30 June 2019

• 6. Debtors

  Trade debtors £350 (2018: £2,740) is included in debtors in the balance sheet.

Notes to the Financial Statements

for the Period Ended 30 June 2019

7. Creditors: amounts falling due within one year note

Notes to the Financial Statements

for the Period Ended 30 June 2019

8.1. Loans to Directors