E Sinclair Performance Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07248855 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

E Sinclair Performance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

E Sinclair

SECRETARY:

REGISTERED OFFICE:

Sunny Nook

Barhatch Road

Cranleigh

Surrey

GU6 7DJ

REGISTERED NUMBER:

07248855 (England and Wales)

ACCOUNTANTS:

Richard Symonds FCA FCCA

Symonds & Co Chartered Accountants

Sunny Nook

Barhatch Road

Cranleigh

Surrey

GU6 7DJ

FIXED ASSETS

Tangible assets

4

864

1,153

CURRENT ASSETS

Debtors

5

287

287

Cash at bank

33,524

95,281

33,811

95,568

CREDITORS

Amounts falling due within one year

6

20,181

77,209

NET CURRENT ASSETS

13,630

18,359

TOTAL ASSETS LESS CURRENT LIABILITIES

14,494

19,512

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

14,394

19,412

SHAREHOLDERS' FUNDS

14,494

19,512

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

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

E Sinclair - Director

1.	STATUTORY INFORMATION

E Sinclair Performance 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.

Turnover

Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services

provided to customers.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2019 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2019

and 31 March 2020

4,944

DEPRECIATION

At 1 April 2019

3,791

Charge for year

289

At 31 March 2020

4,080

NET BOOK VALUE

At 31 March 2020

864

At 31 March 2019

1,153

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Other debtors

287

287

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade creditors

28

49

Tax

10,150

11,793

Social security and other taxes

(271

)

-

Other creditors

88

790

Directors' loan accounts

1,186

42,577

Accruals and deferred income

9,000

22,000

20,181

77,209

7.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed the director £1,186 (2019 £42,577). This amount has been

included within creditors on the balance sheet.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is E Sinclair.