Little Wonder Limited - Accounts to registrar (filleted) - small 18.2
Little Wonder Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Financial Statements for the Year Ended 30 June 2019 |
for |
Little Wonder Limited |
Little Wonder Limited (Registered number: 07300512) |
Contents of the Financial Statements |
FOR THE YEAR ENDED 30 JUNE 2019 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 | to | 3 |
Notes to the Financial Statements | 4 | to | 6 |
Report of the Accountants | 7 |
Little Wonder Limited |
Company Information |
FOR THE YEAR ENDED 30 JUNE 2019 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
1 Beauchamp Court |
10 Victors Way |
Barnet |
Hertfordshire |
EN5 5TZ |
Little Wonder Limited (Registered number: 07300512) |
Statement of Financial Position |
30 JUNE 2019 |
30.6.19 | 30.6.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 5 | ( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Fair value reserve | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Little Wonder Limited (Registered number: 07300512) |
Statement of Financial Position - continued |
30 JUNE 2019 |
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 |
Little Wonder Limited (Registered number: 07300512) |
Notes to the Financial Statements |
FOR THE YEAR ENDED 30 JUNE 2019 |
1. | STATUTORY INFORMATION |
Little Wonder Limited is a |
number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover 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 |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent |
that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively |
enacted by the statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of |
financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in |
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted |
or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be |
recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Little Wonder Limited (Registered number: 07300512) |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 30 JUNE 2019 |
3. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST OR VALUATION |
At 1 July 2018 |
and 30 June 2019 |
NET BOOK VALUE |
At 30 June 2019 |
At 30 June 2018 |
Cost or valuation at 30 June 2019 is represented by: |
Freehold |
property |
£ |
Valuation in 2017 | 400,000 |
If Freehold Properties had not been revalued it would have been included at the following historical cost: |
30.6.19 | 30.6.18 |
£ | £ |
Cost | 311,595 | 311,595 |
Value of land in freehold land and buildings | 400,000 | 311,595 |
Freehold Properties were valued on Current market value basis on 30 June 2018 by Director of the company . |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.19 | 30.6.18 |
£ | £ |
Taxation and social security |
Other creditors |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.6.19 | 30.6.18 |
£ | £ |
Other creditors |
6. | SECURED DEBTS |
The related party loans are secured by debentures on the freehold property. |
Little Wonder Limited (Registered number: 07300512) |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 30 JUNE 2019 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.6.19 | 30.6.18 |
value: | £ | £ |
Ordinary | 1 | 100 | 100 |
8. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 July 2018 |
and 30 June 2019 |
9. | RELATED PARTY DISCLOSURES |
Solarprobe Limited and Ms Janet Anne Gerver are the shareholders of Little Wonder Limited. An amount of £136,595 |
(30.06.17 £ 151,595) was loaned to the company as follows. |
30/06/2018 | 30/06/2017 |
Solarprobe Limited | £ 68,297 | £ 75, 797 |
Ms Janet Anne Gerver | £ 68,298 | £ 75,798 |
Little Wonder Limited |
Report of the Accountants to the Directors of |
Little Wonder Limited |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited |
financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of |
Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report |
of the Directors are not required to be filed with the Registrar of Companies. |
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 June 2019 set out on pages two to three and you consider that the company is exempt from an audit. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Chartered Accountants |
1 Beauchamp Court |
10 Victors Way |
Barnet |
Hertfordshire |
EN5 5TZ |
Date: ............................................. |