Company Registration No. 03171649 (England and Wales)
Liley Design Partners Limited
Unaudited accounts
for the year ended 31 March 2020
Liley Design Partners Limited
Unaudited accounts
Contents
Liley Design Partners Limited
Company Information
for the year ended 31 March 2020
Directors
Mrs Ruth Liley
Mr Roger Liley
Company Number
03171649 (England and Wales)
Registered Office
16 Hermitage Court
Hermitage Lane
London
NW2 2HA
Liley Design Partners Limited
Statement of financial position
as at 31 March 2020
Cash at bank and in hand
887
2,645
Creditors: amounts falling due within one year
(5,011)
(8,515)
Net current assets/(liabilities)
12
(5,870)
Net assets/(liabilities)
14
(5,868)
Called up share capital
100
100
Profit and loss account
(86)
(5,968)
Shareholders' funds
14
(5,868)
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2020 and were signed on its behalf by
Mrs Ruth Liley
Director
Company Registration No. 03171649
Liley Design Partners Limited
Notes to the Accounts
for the year ended 31 March 2020
Liley Design Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 03171649. The registered office is 16 Hermitage Court, Hermitage Lane, London, NW2 2HA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% Straight line
4
Tangible fixed assets
Fixtures & fittings
Liley Design Partners Limited
Notes to the Accounts
for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
4,279
6,495
Loans from directors
-
1,288
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
(500)
2,568
-
2,068
Director's Loan
(788)
2,856
-
2,068
8
Average number of employees
During the year the average number of employees was 2 (2019: 2).
