Prepare To Publish Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07702884 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2020

FOR

PREPARE TO PUBLISH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr A Chapman

REGISTERED OFFICE:

6 Langdale Court

Witney

Oxfordshire

OX28 6FG

BUSINESS ADDRESS:

Blackbirds

Bayliss Yard

Sheep Street

Charlbury

Oxfordshire

OX7 3RS

REGISTERED NUMBER:

07702884 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

6 Langdale Court

Witney

Oxfordshire

OX28 6FG

FIXED ASSETS

Tangible assets

4

2,481

-

CURRENT ASSETS

Debtors

5

10,380

6,684

Cash at bank

33,417

18,861

43,797

25,545

CREDITORS

Amounts falling due within one year

6

29,805

25,316

NET CURRENT ASSETS

13,992

229

TOTAL ASSETS LESS CURRENT LIABILITIES

16,473

229

PROVISIONS FOR LIABILITIES

7

471

-

NET ASSETS

16,002

229

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

16,000

227

SHAREHOLDERS' FUNDS

16,002

229

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 16 December 2020 and were signed by:

Mr A Chapman - Director

1.	STATUTORY INFORMATION

The nature of the company's operations and principal activity is that of publishing agency. The company's principal place of business is Charlbury, Oxfordshire. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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 cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 August 2019

1,636

Additions

3,308

Disposals

(1,636

)

At 31 July 2020

3,308

DEPRECIATION

At 1 August 2019

1,636

Charge for year

827

Eliminated on disposal

(1,636

)

At 31 July 2020

827

NET BOOK VALUE

At 31 July 2020

2,481

At 31 July 2019

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Trade debtors

10,380

6,684

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Tax

6,747

2,664

VAT

3,378

2,258

Directors' current accounts

17,999

17,907

Accrued expenses

1,681

2,487

29,805

25,316

7.	PROVISIONS FOR LIABILITIES

31.7.20

31.7.19

£

£

Deferred tax

471

-

Deferred

tax

£

Provided during year

471

Released in year

Balance at 31 July 2020

471

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.20

31.7.19

value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

2

2

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr A Chapman.