| NINETEEN74 LIMITED |
| Registered number: |
06284600 |
| Balance Sheet |
| as at 31 March 2020 |
|
| Notes |
|
2020 |
|
2019 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
6,000 |
|
8,000 |
|
| Current assets |
| Debtors |
3 |
7,472 |
|
7,995 |
| Cash at bank and in hand |
|
(1,091) |
|
(7,353) |
|
|
6,381 |
|
642 |
|
| Creditors: amounts falling due within one year |
5 |
(7,125) |
|
(3,232) |
|
| Net current liabilities |
|
|
(744) |
|
(2,590) |
|
| Net assets |
|
|
5,256 |
|
5,410 |
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
99 |
|
99 |
| Profit and loss account |
|
|
5,157 |
|
5,311 |
|
| Shareholder's funds |
|
|
5,256 |
|
5,410 |
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
| Paul Harris |
| Director |
| Approved by the board on 26 October 2020 |
| Approved by the board on 26 October 2020 |
|
| NINETEEN74 LIMITED |
| Notes to the Accounts |
| for the year ended 31 March 2020 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
| 2 |
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
|
|
|
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Motor vehicles |
over 5 years |
(straight-line) |
|
Fixtures, fittings, and equipment |
over 5 years |
|
| 2 |
Employees |
2020 |
|
2019 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Motor vehicles |
| £ |
|
Cost |
|
Additions |
10,000 |
|
At 31 March 2020 |
10,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2019 |
2,000 |
|
Charge for the year |
2,000 |
|
At 31 March 2020 |
4,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2020 |
6,000 |
|
At 31 March 2019 |
(8,000) |
|
|
| 4 |
Debtors |
2020 |
|
2019 |
| £ |
£ |
|
|
Trade debtors |
7,472 |
|
7,995 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2020 |
|
2019 |
| £ |
£ |
|
|
Trade creditors |
4,200 |
|
1,800 |
|
Other creditors |
2,925 |
|
1,432 |
|
|
|
|
|
|
7,125 |
|
3,232 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
The company is a private company limited by shares and incorporated in England. |
