Voodoo Agency Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03897677 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

VOODOO AGENCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Cocker

Mrs H C Cocker

REGISTERED OFFICE:

327, Clifton Drive South

Lytham St. Annes

Lancashire

FY8 1HN

REGISTERED NUMBER:

03897677 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Tangible assets

4

1,300

719

CURRENT ASSETS

Debtors

5

71,850

35,065

Cash at bank

54,718

57,047

126,568

92,112

CREDITORS

Amounts falling due within one year

6

58,348

56,320

NET CURRENT ASSETS

68,220

35,792

TOTAL ASSETS LESS CURRENT LIABILITIES

69,520

36,511

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

68,520

35,511

SHAREHOLDERS' FUNDS

69,520

36,511

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 18 February 2020 and were signed on its behalf by:

S Cocker - Director

1.	STATUTORY INFORMATION

Voodoo Agency 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

Turnover comprises the value of all services provided in the year under review and is stated net of Value Added

Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

25% on reducing balance

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet 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.

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.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 January 2019

51,398

Additions

1,014

At 31 December 2019

52,412

DEPRECIATION

At 1 January 2019

50,679

Charge for year

433

At 31 December 2019

51,112

NET BOOK VALUE

At 31 December 2019

1,300

At 31 December 2018

719

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade debtors

36,238

17,937

Other debtors

35,612

17,128

71,850

35,065

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade creditors

30,859

37,607

Taxation and social security

26,489

17,870

Other creditors

1,000

843

58,348

56,320

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2019 and

31 December 2018:

31.12.19

31.12.18

£

£

S Cocker

Balance outstanding at start of year

17,129

12,014

Amounts advanced

35,612

17,129

Amounts repaid

(17,129

)

(12,014

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

35,612

17,129

8.	RELATED PARTY DISCLOSURES

Control

The company is controlled by Mr. S. B. Cocker, a director.

Dividends

Dividends of £24,000 (2018: £16,000) were paid to Mr. S. B. Cocker, a director, in the year under review.

Dividends of £6,000 (2018: £4,000) were paid to Mrs H. C. Cocker, a director, in the year under review.