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

REGISTERED NUMBER: 07443124

Financial Statements for the Year Ended 30 November 2019

for

Sideboard Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S J Bates

P Rudin

SECRETARY:

REGISTERED OFFICE:

36 Queens Road

Newbury

Berkshire

RG14 7NE

REGISTERED NUMBER:

07443124

ACCOUNTANTS:

Accounting & Taxation Centre BTD

36 Queens Road

Newbury

Berkshire

RG14 7NE

FIXED ASSETS

Property, plant and equipment

4

67

89

CURRENT ASSETS

Debtors

31

-

Cash at bank

141

408

172

408

CREDITORS

Amounts falling due within one year

16,495

16,183

NET CURRENT LIABILITIES

(16,323

)

(15,775

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,256

)

(15,686

)

CAPITAL AND RESERVES

Called up share capital

112

112

Retained earnings

(16,368

)

(15,798

)

SHAREHOLDERS' FUNDS

(16,256

)

(15,686

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 November 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2020 and were signed on its behalf by:

P Rudin - Director

1.	STATUTORY INFORMATION

Sideboard Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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 NIL (2018 - 1 ).

4.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1 December 2018

and 30 November 2019

601

DEPRECIATION

At 1 December 2018

512

Charge for year

22

At 30 November 2019

534

NET BOOK VALUE

At 30 November 2019

67

At 30 November 2018

89