Accounts filed on 30-06-2020


ACCOUNTS
FOR THE YEAR ENDED 30/06/2020





DIRECTORS
Emmanuel Israel


REGISTERED OFFICE
31a Thayer Street
London
W1U 2QS


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06266904



ACCOUNTANTS
Euro Accounting Ltd
25 Station Road
Birmingham
England
B14 7SR


ACCOUNTS
FOR THEYEARENDED30/06/2020



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/06/2020

			2020		2019
	Notes		£		£

FIXED ASSETS
Tangible assets	2		6,319		7,599

CURRENT ASSETS
Stock		634,913		683,240
Debtors	4	29,291		30,449
Cash at bank and in hand		212,243		98,964
		876,447		812,653
CREDITORS: Amounts falling due within one year	5	328,931		286,893
NET CURRENT ASSETS			547,516		525,760
TOTAL ASSETS LESS CURRENT LIABILITIES			553,835		533,359

CAPITAL AND RESERVES

Called up share capital	7		1,000		1,000
Profit and loss account			552,835		532,359
SHAREHOLDERS' FUNDS			553,835		533,359

For the year ending 30/06/2020 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 25/01/2021 and signed on their behalf by



.............................
Emmanuel Israel
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		reducing balance 15%
Equipment		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.




4. DEBTORS	2020	2019
	£	£
Amounts falling due within one year
Trade debtors	24,485	-
Other debtors	4,806	29,787
Prepayments	-	662
	29,291	30,449




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
	£	£
UK corporation tax	13,783	15,077
VAT	2,008	5,604
PAYE control	1,752	1,566
Directors current account	226,651	239,427
Loans	50,000	-
Trade creditors	17,459	2,704
Other creditors	506	5,743
Accruals	16,772	16,772
	328,931	286,893




7. SHARE CAPITAL	2020	2019
	£	£
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each	1000	1000
	1,000	1,000