London Computer Disposal Centre Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10311595 (England and Wales)

Financial Statements for the Year Ended 31 August 2019

for

London Computer Disposal Centre Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Wilkes

REGISTERED OFFICE:

3 Osram Road

East Lane Estate

Wembley

Middlesex

HA9 7NG

REGISTERED NUMBER:

10311595 (England and Wales)

ACCOUNTANTS:

AS Associates

Chartered Certified Accountants

11a Empire Parade

Empire Way

Wembley

Middlesex

HA9 0RQ

FIXED ASSETS

Tangible assets

4

4,240

-

CURRENT ASSETS

Debtors

5

1,387

-

Cash at bank and in hand

4,040

6,487

5,427

6,487

CREDITORS

Amounts falling due within one year

6

34,336

23,495

NET CURRENT LIABILITIES

(28,909

)

(17,008

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,669

)

(17,008

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(24,769

)

(17,108

)

SHAREHOLDERS' FUNDS

(24,669

)

(17,008

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2020 and were signed by:

A Wilkes - Director

1.	STATUTORY INFORMATION

London Computer Disposal Centre Limited 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.

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.

Going Concern

During the year, the Company has been funded by its shareholders, who have indicated that they will continue to

provide funding whenever required for the foreseeable future.On this basis, the director considers it appropriate

to prepare the financial statements on the "Going Concern Basis". The financial statements do not incudes any

adjustments that would result from the withdrawal of funding facility by the Company's Shareholder.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Taxation

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

5,300

At 31 August 2019

5,300

DEPRECIATION

Charge for year

1,060

At 31 August 2019

1,060

NET BOOK VALUE

At 31 August 2019

4,240

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

£

Trade debtors

1,387

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

£

Trade creditors

-

2,657

Taxation and social security

606

3,013

Other creditors

33,730

17,825

34,336

23,495

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.19

31.8.18

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 September 2018

(17,108

)

Deficit for the year

(7,661

)

At 31 August 2019

(24,769

)