Tyler Energy Ltd - Accounts to registrar (filleted) - small 18.2
Tyler Energy Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 July 2019 |
for |
TYLER ENERGY LTD |
TYLER ENERGY LTD (REGISTERED NUMBER: 09409359) |
Contents of the Financial Statements |
FOR THE YEAR ENDED 31 JULY 2019 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
TYLER ENERGY LTD |
Company Information |
FOR THE YEAR ENDED 31 JULY 2019 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Global House |
303 Ballards Lane |
London |
N12 8NP |
TYLER ENERGY LTD (REGISTERED NUMBER: 09409359) |
Statement of Financial Position |
31 JULY 2019 |
31.7.19 | 31.7.18 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on signed by: |
TYLER ENERGY LTD (REGISTERED NUMBER: 09409359) |
Notes to the Financial Statements |
FOR THE YEAR ENDED 31 JULY 2019 |
1. | STATUTORY INFORMATION |
Tyler Energy Ltd is a |
company's registered number and registered office address can be found on the Company Information |
page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
rebates, value added tax and other sales taxes. |
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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the statement of financial position 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. |
Going concern |
At the balance sheet date, the company's liabilities exceeded its assets. The company has received |
assurance from the directors that they will continue to give financial support to the company for twelve |
months from the date of signing these financial statements. On this basis, the directors consider it |
appropriate to prepare the accounts on a going concern basis. However, should the financial support |
mentioned above not be forthcoming, the going concern basis used in preparing the company's |
accounts may be invalid and adjustments would have to be made to reduce the value of assets to the |
their realisable amount and to provide for any further liabilities which might arise. The accounts do not |
include any adjustment to the company's assets or liabilities that might be necessary should this basis |
not continue to be appropriate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
TYLER ENERGY LTD (REGISTERED NUMBER: 09409359) |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 JULY 2019 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.19 | 31.7.18 |
£ | £ |
Trade debtors |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.19 | 31.7.18 |
£ | £ |
Taxation and social security |
Other creditors |