LIVING ROOTS LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10227824 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020

FOR

LIVING ROOTS LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Report of the accountants

6

Director:

A S Walia

Secretary:

Registered office:

Wrens

Manor Road

Maidenhead

Berkshire

SL6 2QG

Registered number:

10227824 (England and Wales)

Accountants:

S S KHEHAR ACCOUNTANCY SERVICES LIMITED

Wrens

Manor Road

Maidenhead

Berkshire

SL6 2QG

Current assets

Debtors

4

-

86,649

Cash at bank

36,798

59,802

36,798

146,451

Creditors

Amounts falling due within one year

5

500

2,402

Net current assets

36,298

144,049

Total assets less current liabilities

36,298

144,049

Creditors

Amounts falling due after more than one year

6

162,991

257,885

Net liabilities

(126,693

)

(113,836

)

Capital and reserves

Called up share capital

10,000

10,000

Retained earnings

7

(136,693

)

(123,836

)

Shareholders' funds

(126,693

)

(113,836

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 12 January 2021 and were signed by:

A S Walia - Director

1.	Statutory information

LIVING ROOTS 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

Revenue is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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 NIL (2019 - NIL).

4.

Debtors: amounts falling due within one year

2020

2019

£

£

Trade debtors

-

7,002

Other debtors

-

79,647

-

86,649

5.

Creditors: amounts falling due within one year

2020

2019

£

£

Taxation and social security

-

2,402

Other creditors

500

-

500

2,402

6.

Creditors: amounts falling due after more than one year

2020

2019

£

£

Other creditors

162,991

257,885

7.

Reserves

Retained

earnings

£

At 1 July 2019

(123,836

)

Deficit for the year

(12,857

)

At 30 June 2020

(136,693

)

The following reproduces the text of the report prepared for the director in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act

2006, the company is only required to file a Balance sheet. Readers are cautioned that the

Income statement and certain other primary statements and the Report of the director are

not required to be filed with the Registrar of Companies.

As described on the Balance sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2020 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

S S KHEHAR ACCOUNTANCY SERVICES LIMITED

Wrens

Manor Road

Maidenhead

Berkshire

SL6 2QG

12 January 2021