Title Challenge Limited,Ltd - AccountsLtd - Accounts
Title Challenge Limited,Ltd - AccountsLtd - Accounts
Registered Number:09839015 |
For the year ended 31 October 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2019
Title Challenge Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
As at |
Title Challenge Limited
Statement of Financial Position
Registered Number : |
£ |
£ |
2018
2019
Notes |
Current assets |
Cash and cash equivalents |
Trade and other payables: amounts falling due within one year |
(7,046 )
(14,066 )
2
(7,045)
(13,950 )
Net current liabilities
Total assets less current liabilities |
(13,950 )
(7,045 )
(13,950 )
Net liabilities
(7,045 )
Capital and reserves |
Called up share capital |
Retained earnings |
(13,952 )
(7,047 )
(13,950 )
(7,045 )
Shareholders' funds
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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
These financial statements were approved and authorised for issue by the Board on |
The notes form part of these financial statements |
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4
For the year ended 31 October 2019
Title Challenge Limited
Notes to the Financial Statements
Statutory Information
Title Challenge Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
09839015. |
Registered address: |
1 Bridge House
Harrow Road
Bolton
England
BL1 4NH
The presentation currency is £ sterling. |
1. Accounting policies |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The |
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Deferred tax
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 rates and laws that have been enacted or substantively enacted |
by the Statement of Financial Position date. |
Going Concern
Shareholders have indicated a willingness to continue to support the company for at least the next 12 months. Subject to the |
support the company will continue to trade. |
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5
For the year ended 31 October 2019
Title Challenge Limited
Notes to the Financial Statements Continued
2. Trade and other payables: amounts falling due within one year |
2018
2019
£ |
£ |
Taxation and social security |
Other creditors |
3. Average number of persons employed |
During the year the average number of employees was 1
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