Contents of the Financial Statements

for the Period Ended 30 November 2019

Company Information

for the Period Ended 30 November 2019

Balance sheet

As at 30 November 2019

The notes form part of these financial statements

Balance sheet continued

As at 30 November 2019

For the year ending 30 November 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 November 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

  Turnover represents amounts receivable for goods and services net of VAT and trade discounts
  

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at cost less depreciation. Depreciation is provided on a reducing balance basis to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
  
  Fixtures, fittings and equipment 20% per annum
  Motor vehicles 20% per annum
  
  

Notes to the Financial Statements

for the Period Ended 30 November 2019

• 2. Employees

  	2019	2018
  Average number of employees during the period	1	1

Notes to the Financial Statements

for the Period Ended 30 November 2019

• 3. Off balance sheet disclosure

  No

Notes to the Financial Statements

for the Period Ended 30 November 2019

4. Tangible Assets