Contents of the Financial Statements

for the Period Ended 30 June 2019

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 30 June 2019

The directors present their report with the financial statements of the company for the period ended 30 June 2019

Directors

The director shown below has held office during the whole of the period from
1 July 2018 to 30 June 2019

Laurent Thierry Salmon

The director shown below has held office during the whole of the period from
1 July 2018 to 30 June 2019

William Antony TYLER

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 July 2020

And signed on behalf of the board by:
Name: Laurent Thierry Salmon
Status: Director

Profit And Loss Account

for the Period Ended 30 June 2019

	2019	2018
	£	£
Turnover:	709,321	1,116,041
Cost of sales:	( 590,359 )	( 657,309 )
Gross profit(or loss):	118,962	458,732
Administrative expenses:	( 328,153 )	( 392,390 )
Operating profit(or loss):	(209,191)	66,342
Profit(or loss) before tax:	(209,191)	66,342
Profit(or loss) for the financial year:	(209,191)	66,342

Balance sheet

As at 30 June 2019

	Notes	2019	2018
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:	3	24,006	60,006
Tangible assets:	4	7,831	18,938
Total fixed assets:		31,837	78,944
Current assets
Debtors:	5	238,177	399,803
Cash at bank and in hand:		3,392	1,483
Total current assets:		241,569	401,286
Creditors: amounts falling due within one year:	6	( 285,669 )	( 283,302 )
Net current assets (liabilities):		(44,100)	117,984
Total assets less current liabilities:		(12,263)	196,928
Total net assets (liabilities):		(12,263)	196,928
Capital and reserves
Called up share capital:		100	100
Profit and loss account:		(12,363 )	196,828
Total Shareholders' funds:		( 12,263 )	196,928

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 June 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 June 2019

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.Revenue from the sale of goods is recognised when all of the following conditions are satisfied -the Company has transferred the significant risks and rewards of ownership to the buyer -the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold -the amount of revenue can be measured reliably -it is probable that the Company will receive the consideration due under the transaction-the costs incurred or to be incurred in respect of the transaction can be measured reliably.Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:-the amount of revenue can be measured reliably- it is probable that the Company will receive the consideration due under the contract- the stage of completion of the contract at the end of the reporting period can be measured reliably; andthe costs incurred and the costs to complete the contract can be measured reliably

  Tangible fixed assets depreciation policy

  Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.Depreciation is provided on the following basis:Plant & machinery - 15% Motor vehicles - 50% Office equipment - 25%The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Profit and Loss Account.

  Intangible fixed assets amortisation policy

  Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Notes to the Financial Statements

for the Period Ended 30 June 2019

• 2. Employees

  	2019	2018
  Average number of employees during the period	3	3