Ian Steinberg Limited Filleted accounts for Companies House (small and micro)
Ian Steinberg Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
9633678
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
6 |
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Cash at bank and in hand |
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--------- |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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--------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
3 September 2020
, and are signed on behalf of the board by:
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Director |
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Company registration number:
9633678
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Notes to the Financial Statements |
Year ended 31 December 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 202 Grangewood House, Oakwood Hill, Loughton, Essex, IG10 3TZ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures & fittings |
- |
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Equipment |
- |
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Impairment of fixed assets
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2018:
3
).
5.
Tangible assets
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 January 2019 and 31 December 2019 |
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Depreciation |
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At 1 January 2019 |
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Charge for the year |
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---- |
------- |
------- |
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At 31 December 2019 |
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------- |
------- |
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Carrying amount |
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At 31 December 2019 |
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---- |
------- |
------- |
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At 31 December 2018 |
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---- |
------- |
------- |
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6.
Debtors
2019 |
2018 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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------- |
-------- |
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------- |
-------- |
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7.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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-------- |
-------- |
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8.
Events after the end of the reporting period
Since the balance sheet date the outlook of the UK and Global economy has become increasingly uncertain due to the spread of the COVID-19 virus. The director has assessed the impact to the company and due to contracts being maintained does not believe there to be any significant impact to the trading activities of the company in the short to medium term though there is likely to be a decrease to turnover and profit for the year to 31 December 2020.
9.
Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2019 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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------- |
------- |
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2018 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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