George Laurel Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05446759

Financial Statements for the Year Ended 31 August 2020

for

George Laurel Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D V Hardingham

REGISTERED OFFICE:

Unit 4 Northfield Road

Soham

Ely

Cambridgeshire

CB7 5UE

REGISTERED NUMBER:

05446759

ACCOUNTANTS:

Tyrrell Accountants

Unit D

South Cambs Business Park

Sawston

Cambridge

Cambridgeshire

CB22 3JH

FIXED ASSETS

Tangible assets

4

3,724

1,692

CURRENT ASSETS

Debtors

5

58,007

123,319

Cash at bank

50,295

29,367

108,302

152,686

CREDITORS

Amounts falling due within one year

6

10,781

60,576

NET CURRENT ASSETS

97,521

92,110

TOTAL ASSETS LESS CURRENT LIABILITIES

101,245

93,802

CREDITORS

Amounts falling due after more than one year

7

50,000

-

NET ASSETS

51,245

93,802

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

51,243

93,800

SHAREHOLDERS' FUNDS

51,245

93,802

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 19 May 2021 and were signed by:

D V Hardingham - Director

1.	STATUTORY INFORMATION

George Laurel Ltd is a private company, limited by shares , registered in Not specified/Other. 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

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.

Plant and machinery etc

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2019

18,448

Additions

3,274

At 31 August 2020

21,722

DEPRECIATION

At 1 September 2019

16,756

Charge for year

1,242

At 31 August 2020

17,998

NET BOOK VALUE

At 31 August 2020

3,724

At 31 August 2019

1,692

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

24,007

122,205

Other debtors

34,000

1,114

58,007

123,319

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

213

1,498

Taxation and social security

9,718

58,206

Other creditors

850

872

10,781

60,576

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

Bank loans

50,000

-