Seven League Boots Limited
Seven League Boots Limited
Registered number: 07993452
Directors' Report and
Unaudited Financial Statements
For The Year Ended 31 March 2020
CCF Accountancy Limited
Chartered Certified Accountants & Chartered Tax Advisers
Ground Floor
30 Victoria Avenue
Harrogate
North Yorkshire
HG1 5PR
Seven League Boots Limited
Directors' Report and Unaudited Financial Statements
For The Year Ended 31 March 2020
Directors' Report and Unaudited Financial Statements
Seven League Boots Limited
Company Information
For The Year Ended 31 March 2020
Company Information
Directors |
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Company Number |
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Registered Office | CCF Accountancy |
Suite 615, floor 6, The Plaza Old Hall Street | |
Liverpool | |
L3 9QJ | |
Accountants |
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Chartered Certified Accountants & Chartered Tax Advisers | |
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30 Victoria Avenue | |
Harrogate | |
North Yorkshire | |
HG1 5PR | |
Page 1
Seven League Boots Limited
Company No. 07993452
Directors' Report For The Year Ended 31 March 2020
Directors' Report
The directors present their report and the financial statements for the year ended 31 March 2020 .
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
Directors
The directors who held office during the year were as follows:
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Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Director
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Seven League Boots Limited
Accountants' Report
For The Year Ended 31 March 2020
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Seven League Boots Limited For The Year Ended 31 March 2020
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Seven League Boots Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Seven League Boots Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Seven League Boots Limited and state those matters that we have agreed to state to the directors of Seven League Boots Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Seven League Boots Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Seven League Boots Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Seven League Boots Limited . You consider that Seven League Boots Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Seven League Boots Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
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Chartered Certified Accountants & Chartered Tax Advisers
Ground Floor
30 Victoria Avenue
Harrogate
North Yorkshire
HG1 5PR
Page 3
Seven League Boots Limited
Statement of Comprehensive Income
For The Year Ended 31 March 2020
Statement of Comprehensive Income
2020 | 2019 | ||
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£ | £ | ||
Loss for the financial year |
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Other comprehensive income for the year | - | - | |
Total comprehensive income for the year |
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( |
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Seven League Boots Limited
Dormant Profit and Loss Account Statement
For The Year Ended 31 March 2020
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
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Seven League Boots Limited
Balance Sheet
As at
31 March 2020
Balance Sheet
2020 | 2019 | ||||
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Debtors | 3 |
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Cash at bank and in hand |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 4 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 35,372 | 35,372 | |||
Directors' responsibilities:
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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. -
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Director
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The notes on page 8 form part of these financial statements.
Page 6
Seven League Boots Limited
Statement of Changes in Equity
For The Year Ended 31 March 2020
Statement of Changes in Equity
Share Capital | Profit and Loss Account | Total | |
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£ | £ | £ | |
As at 1 April 2018 |
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35,504 |
Loss for the year and total comprehensive income | - |
( |
(132) |
As at 31 March 2019 and 1 April 2019 |
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35,372 |
As at |
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35,372 |
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Seven League Boots Limited
Notes to the Financial Statements
For The Year Ended 31 March 2020
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 2 (2019: )
3.
Debtors
2020 | 2019 | ||
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£ | £ | ||
Due within one year | |||
Trade debtors |
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5.
General Information
Seven League Boots Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07993452 . The registered office is CCF Accountancy , Suite 615, floor 6, The Plaza Old Hall Street, Liverpool, L3 9QJ.
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