Lyndsey Selley Wildlife Art Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04956074 (England and Wales)

LYNDSEY SELLEY WILDLIFE ART LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2020

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L J Selley

P B Meads

REGISTERED OFFICE:

67 Green Lane

Buxton

Derbyshire

SK17 9DJ

REGISTERED NUMBER:

04956074 (England and Wales)

ACCOUNTANTS:

Maple Accountancy Ltd

83 Friar Gate

Derby

Derbyshire

DE1 1FL

FIXED ASSETS

Tangible assets

4

5,458

5,458

CURRENT ASSETS

Cash at bank and in hand

2,465

2,465

CREDITORS

Amounts falling due within one year

8,473

8,473

NET CURRENT LIABILITIES

(6,008

)

(6,008

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(550

)

(550

)

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

(652

)

(652

)

SHAREHOLDERS' FUNDS

(550

)

(550

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 21 May 2020 and were signed on its behalf by:

Ms L J Selley - Director

1.	STATUTORY INFORMATION

Lyndsey Selley Wildlife Art 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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 15% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2019

and 31 January 2020

18,830

DEPRECIATION

At 1 February 2019

and 31 January 2020

13,372

NET BOOK VALUE

At 31 January 2020

5,458

At 31 January 2019

5,458