Sheila Edmund Ltd Filleted accounts for Companies House (small and micro)
Sheila Edmund Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
8284804
|
|
|
|
|
|
|
|
|
Statement of Financial Position |
|
2019 |
2018 |
||
|
Note |
£ |
£ |
£ |
Fixed assets
|
Tangible assets |
5 |
|
|
|
Current assets
|
Debtors |
6 |
|
|
|
|
Cash at bank and in hand |
|
|
||
|
-------- |
------- |
|||
|
|
|
|||
|
Creditors: amounts falling due within one year |
7 |
|
|
|
|
-------- |
------- |
|||
|
Net current assets |
|
|
||
|
-------- |
------- |
|||
|
Total assets less current liabilities |
|
|
||
Provisions
|
Taxation including deferred tax |
|
|
|
|
-------- |
------- |
||
|
Net assets |
|
|
|
|
-------- |
------- |
||
Capital and reserves
|
Called up share capital |
|
|
|
|
Profit and loss account |
|
|
|
|
-------- |
------- |
||
|
Shareholders funds |
|
|
|
|
-------- |
------- |
||
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
22 July 2020
, and are signed on behalf of the board by:
|
|
|
Director |
Company registration number:
8284804
|
|
|
Notes to the Financial Statements |
Year ended 30 November 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Briars Edge, George V Way, Sarratt, Herts, WD3 6BJ.
2.
Statement of compliance
3.
Accounting policies
(a)
Basis of preparation
(b)
Revenue recognition
(c)
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
(d)
Tangible assets
(e)
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Office Equipment |
- |
33% straight line |
|
(f)
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4.
Employee numbers
The company has no employees with all work undertaken by the directors who are not engaged under service contracts.
5.
Tangible assets
|
Equipment |
Total |
|
|
£ |
£ |
|
|
Cost |
||
|
At 1 December 2018 |
|
|
|
Additions |
|
|
|
Disposals |
(
|
(
|
|
------ |
------ |
|
|
At 30 November 2019 |
|
|
|
------ |
------ |
|
|
Depreciation |
||
|
At 1 December 2018 |
|
|
|
Charge for the year |
|
|
|
Disposals |
(
|
(
|
|
------ |
------ |
|
|
At 30 November 2019 |
|
|
|
------ |
------ |
|
|
Carrying amount |
||
|
At 30 November 2019 |
|
|
|
------ |
------ |
|
|
At 30 November 2018 |
|
|
|
------ |
------ |
|
6.
Debtors
|
2019 |
2018 |
|
|
£ |
£ |
|
|
Other debtors |
|
|
|
---- |
---- |
|
7.
Creditors:
amounts falling due within one year
|
2019 |
2018 |
|
|
£ |
£ |
|
|
Corporation tax |
|
– |
|
Other creditors |
|
|
|
------- |
------ |
|
|
|
|
|
|
------- |
------ |
|