ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

ISOSCELES TRADING AND CONSTRUCTION LIMITED - Company Information

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Caseware UK (AP4) 2019.0.227 2019.0.227 2020-03-312020-03-31No description of principal activityfalse3true2018-11-20falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11686742 2018-11-19 11686742 2018-11-20 2020-03-31 11686742 2018-04-01 2018-11-19 11686742 2020-03-31 11686742 c:Director3 2018-11-20 2020-03-31 11686742 d:CurrentFinancialInstruments 2020-03-31 11686742 d:CurrentFinancialInstruments d:WithinOneYear 2020-03-31 11686742 d:ShareCapital 2018-11-20 2020-03-31 11686742 d:ShareCapital 2020-03-31 11686742 d:RetainedEarningsAccumulatedLosses 2018-11-20 2020-03-31 11686742 d:RetainedEarningsAccumulatedLosses 2020-03-31 11686742 c:FRS102 2018-11-20 2020-03-31 11686742 c:AuditExempt-NoAccountantsReport 2018-11-20 2020-03-31 11686742 c:FullAccounts 2018-11-20 2020-03-31 11686742 c:PrivateLimitedCompanyLtd 2018-11-20 2020-03-31 iso4217:GBP xbrli:pure

Registered number: 11686742









ISOSCELES TRADING AND CONSTRUCTION LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2020
 
ISOSCELES TRADING AND CONSTRUCTION LIMITED
REGISTERED NUMBER: 11686742

BALANCE SHEET
AS AT 31 MARCH 2020

2020
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
  
10

  
10

Creditors: amounts falling due within one year
  
(600)

Net current (liabilities)/assets
  
 
 
(590)

Total assets less current liabilities
  
(590)

  

Net (liabilities)/assets
  
(590)


Capital and reserves
  

Called up share capital 
  
10

Profit and loss account
  
(600)

  
(590)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 September 2020.




Antony Michael Shine
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 1
 
ISOSCELES TRADING AND CONSTRUCTION LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MARCH 2020


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Loss for the period

-
(600)
(600)


Other comprehensive income for the period
-
-
-


Total comprehensive income for the period
-
(600)
(600)

Shares issued during the period
10
-
10


Total transactions with owners
10
-
10


At 31 March 2020
10
(600)
(590)

Page 2
 
ISOSCELES TRADING AND CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2020

1.


General information

Isosceles Trading and Construction Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 11686742. The address of the registered office is Old Station Road, Loughton, Essex, IG10 4PL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.3

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


        2020
            No.






Employees
3


4.


Debtors

2020
£


Other debtors
10

10


Page 3
 
ISOSCELES TRADING AND CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2020

5.


Creditors: Amounts falling due within one year

2020
£

Accruals and deferred income
600

600



6.


Controlling party

The ultimate controlling party by the virtue of shareholding is the parent company.

 
Page 4