Ludd94 Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07721653 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2019

for

Ludd94 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D S Dodd

Mrs S E Dodd

SECRETARY:

REGISTERED OFFICE:

74 High Street

Luddenden

HALIFAX

HX2 6PP

REGISTERED NUMBER:

07721653 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

CURRENT ASSETS

Debtors

4

-

4,420

Cash at bank

12,096

132

12,096

4,552

CREDITORS

Amounts falling due within one year

5

8,741

7,088

NET CURRENT ASSETS/(LIABILITIES)

3,355

(2,536

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,355

(2,536

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,255

(2,636

)

SHAREHOLDERS' FUNDS

3,355

(2,536

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 and authorised for issue on 30 July 2020 and were signed on its behalf by:

D S Dodd - Director

1.	STATUTORY INFORMATION

Ludd94 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except

in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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 2 (2018 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Directors' loan accounts

-

3,705

Tax

-

715

-

4,420

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Tax

697

-

VAT

2,016

6,588

Directors' loan accounts

5,048

-

Accrued expenses

980

500

8,741

7,088

6.	RELATED PARTY DISCLOSURES

The company is controlled by the company director.