Surprise Collector Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09333850 (England and Wales)

Financial Statements for the Year Ended 31 December 2019

for

Surprise Collector Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

MRS I GUDYNAITE-BOUAZIZ

REGISTERED OFFICE:

A R Business Consultants

Regent House Suite 107

291 Kirkdale

London

SE26 4QD

REGISTERED NUMBER:

09333850 (England and Wales)

ACCOUNTANTS:

A R Business Consultants (UK) Ltd

Chartered Certified Accountants

Regent House Business Centre

291 Kirkdale

London

SE26 4QD

FIXED ASSETS

Tangible assets

4

5,936

6,246

CURRENT ASSETS

Debtors

5

6,961

49,310

Cash in hand

22,410

32,080

29,371

81,390

CREDITORS

Amounts falling due within one year

6

297

9,438

NET CURRENT ASSETS

29,074

71,952

TOTAL ASSETS LESS CURRENT LIABILITIES

35,010

78,198

CREDITORS

Amounts falling due after more than one year

7

1,332

38

NET ASSETS

33,678

78,160

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

33,676

78,158

SHAREHOLDERS' FUNDS

33,678

78,160

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

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

The director acknowledges her 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 November 2020 and were signed by:

MRS I GUDYNAITE-BOUAZIZ - Director

1.	STATUTORY INFORMATION

Surprise Collector Ltd 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 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2019

13,978

Additions

1,669

At 31 December 2019

15,647

DEPRECIATION

At 1 January 2019

7,732

Charge for year

1,979

At 31 December 2019

9,711

NET BOOK VALUE

At 31 December 2019

5,936

At 31 December 2018

6,246

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade debtors

183

5,395

Other debtors

6,778

43,915

6,961

49,310

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade creditors

(1

)

(1

)

Taxation and social security

27

3,615

Other creditors

271

5,824

297

9,438

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.19

31.12.18

£

£

Other creditors

1,332

38