Instant.help Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11504491 (England and Wales)

Instant.help Ltd

Unaudited Financial Statements

for the Year Ended 31 October 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Ghorbangholi

Professor MH Wilson

REGISTERED OFFICE:

2nd Floor

1 Curtain Road

LONDON

EC2A 3JX

REGISTERED NUMBER:

11504491 (England and Wales)

ACCOUNTANTS:

McMillan & Co LLP

Chartered Accountants

28 Eaton Avenue

Matrix Office Park

Buckshaw Village

Chorley

Lancashire

PR7 7NA

CURRENT ASSETS

Debtors

4

1,000

-

Cash at bank

2

2

1,002

2

CREDITORS

Amounts falling due within one year

5

757

-

NET CURRENT ASSETS

245

2

TOTAL ASSETS LESS CURRENT LIABILITIES

245

2

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

243

-

SHAREHOLDERS' FUNDS

245

2

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

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

Professor MH Wilson - Director

1.	STATUTORY INFORMATION

Instant.help Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The amounts in the financial statements have been rounded to the nearest £1.

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 amounts due for the provision of goods and the amounts earned for

management services provided and is stated exclusive of VAT.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions

of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are

initially measured at transaction price and are subsequently carried at cost unless the arrangement

indicates otherwise and then the asset is measured at the present value of the future receipts

discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals,

bank loans and group borrowings, are initially recognised at transaction price and are subsequently

carried at cost unless the arrangement indicates otherwise and then the liability is measured at the

present value of the future obligations discounted at a market rate of interest.

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 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts due for contracted

service agreements

1,000

-

1,000

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

57

-

Other creditors

700

-

757

-

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

2

Ordinary

£1

2

2

7.	RELATED PARTY DISCLOSURES

In the opinion of the directors the company is controlled by Professor MH Wilson and Mr A

Ghorbangholi.