Le Papillon Vert Ltd

Le Papillon Vert Ltd

LE PAPILLON VERT LTD - Company Information

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1 January 2019 false No description of principal activity Taxfiler 2020.8.1 07467846business:PrivateLimitedCompanyLtd2019-01-012019-12-31 074678462018-12-31 074678462019-01-012019-12-31 07467846business:AuditExempt-NoAccountantsReport2019-01-012019-12-31 07467846business:FullAccounts2019-01-012019-12-31 074678462019-12-31 074678462018-12-31 07467846core:WithinOneYear2019-12-31 07467846core:WithinOneYear2018-12-31 07467846core:ShareCapital2019-12-31 07467846core:ShareCapital2018-12-31 07467846core:RetainedEarningsAccumulatedLosses2019-12-31 07467846core:RetainedEarningsAccumulatedLosses2018-12-31 07467846business:SmallEntities2019-01-012019-12-31 07467846business:Director12019-01-012019-12-31 07467846countries:EnglandWales2019-01-012019-12-31 07467846business:RegisteredOffice2019-01-012019-12-31 07467846core:PlantMachinery2019-01-012019-12-31 07467846core:PlantMachinery2018-12-31 07467846core:PlantMachinery2019-12-31 074678462018-01-012018-12-31 iso4217:GBP xbrli:pure
Company Registration No. 07467846 (England and Wales)
Le Papillon Vert Ltd Unaudited accounts for the year ended 31 December 2019
Le Papillon Vert Ltd Unaudited accounts Contents
Page
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Le Papillon Vert Ltd Statement of financial position as at 31 December 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
218 
291 
Current assets
Inventories
5
25,923 
25,209 
Debtors
6
7,822 
7,222 
Cash at bank and in hand
3,570 
5,661 
37,315 
38,092 
Creditors: amounts falling due within one year
7
(34,008)
(30,847)
Net current assets
3,307 
7,245 
Net assets
3,525 
7,536 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,524 
7,535 
Shareholders' funds
3,525 
7,536 
For the year ending 31 December 2019 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 July 2020 and were signed on its behalf by
R L Cooke Director Company Registration No. 07467846
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Le Papillon Vert Ltd Notes to the Accounts for the year ended 31 December 2019
1
Statutory information
Le Papillon Vert Ltd is a private company, limited by shares, registered in England and Wales, registration number 07467846. The registered office is KEMP HOUSE, 160 CITY ROAD, LONDON, EC1V 2NX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 December 2019 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2018. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
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Le Papillon Vert Ltd Notes to the Accounts for the year ended 31 December 2019
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2019
1,458 
At 31 December 2019
1,458 
Depreciation
At 1 January 2019
1,167 
Charge for the year
73 
At 31 December 2019
1,240 
Net book value
At 31 December 2019
218 
At 31 December 2018
291 
5
Inventories
2019 
2018 
£ 
£ 
Finished goods
25,923 
25,209 
25,923 
25,209 
6
Debtors
2019 
2018 
£ 
£ 
Accrued income and prepayments
7,270 
- 
Other debtors
552 
7,222 
7,822 
7,222 
7
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Trade creditors
- 
1,785 
Taxes and social security
574 
1,558 
Other creditors
- 
700 
Loans from directors
29,481 
26,804 
Accruals
3,953 
- 
34,008 
30,847 
8
Average number of employees
During the year the average number of employees was 1 (2018: 1).
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