High Definition Lipo Limited - Accounts to registrar (filleted) - small 18.2
High Definition Lipo Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 1 MARCH 2019 TO 31 MAY 2020 |
FOR |
HIGH DEFINITION LIPO LIMITED |
HIGH DEFINITION LIPO LIMITED (REGISTERED NUMBER: 11227129) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MARCH 2019 TO 31 MAY 2020 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
HIGH DEFINITION LIPO LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1 MARCH 2019 TO 31 MAY 2020 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
HIGH DEFINITION LIPO LIMITED (REGISTERED NUMBER: 11227129) |
BALANCE SHEET |
31 MAY 2020 |
31/5/20 | 28/2/19 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
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. |
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 by: |
HIGH DEFINITION LIPO LIMITED (REGISTERED NUMBER: 11227129) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MARCH 2019 TO 31 MAY 2020 |
1. | STATUTORY INFORMATION |
High Definition Lipo Limited is a |
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 |
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 |
Fixtures and fittings | - |
Taxation |
Taxation for the period 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 period 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 period was |
HIGH DEFINITION LIPO LIMITED (REGISTERED NUMBER: 11227129) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 MARCH 2019 TO 31 MAY 2020 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 March 2019 |
and 31 May 2020 |
DEPRECIATION |
At 1 March 2019 |
Charge for period |
At 31 May 2020 |
NET BOOK VALUE |
At 31 May 2020 |
At 28 February 2019 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/5/20 | 28/2/19 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/5/20 | 28/2/19 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
VAT | 4,476 | - |
Other creditors |
Directors' current accounts | 1,494 | 26,539 |
Accrued expenses |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31/5/20 | 28/2/19 |
value: | £ | £ |
Ordinary | £1 | 1,000 | 1,000 |
HIGH DEFINITION LIPO LIMITED (REGISTERED NUMBER: 11227129) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 MARCH 2019 TO 31 MAY 2020 |
8. | RESERVES |
Retained |
earnings |
£ |
At 1 March 2019 |
Profit for the period |
At 31 May 2020 |
9. | RELATED PARTY DISCLOSURES |
During the year High Definition Lipo Limited entered into transactions with companies/entities in which Mr R |
Kumar has a beneficial interest. The transactions for and amounts outstanding at the period ending 31st May |
2020 were: |
2020 |
£ |
Other Debtors |
Due from Related Companies | 18,869 |
Other Creditors |
Due to Related Companies | 9,233 |