LLWYBR PAPUR /PAPERTRAIL CYF - Filleted accounts

LLWYBR PAPUR /PAPERTRAIL CYF - Company Information

Registered number

09187512

LLWYBR PAPUR /PAPERTRAIL CYF

Filleted Accounts

31 August 2020

LLWYBR PAPUR /PAPERTRAIL CYF
Registered number:		09187512
Balance Sheet
as at 31 August 2020

Notes			2020			2019
£				£
Current assets
Cash at bank and in hand		21,025			17,180

Creditors: amounts falling due within one year	3	(21,025)			(17,180)

Net current assets			-			-

Net assets			-			-

Capital and reserves

Member's funds			-			-

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dr B E Keehan
Director
Approved by the board on 21 May 2021

LLWYBR PAPUR /PAPERTRAIL CYF
Notes to the Accounts
for the year ended 31 August 2020


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2020		2019
Number			Number

	Average number of persons employed by the company	2		2


3	Creditors: amounts falling due within one year	2020		2019
£			£

	Deferred income	20,750		16,905
	Trade creditors	275		275
		21,025		17,180


4	Other information

	LLWYBR PAPUR /PAPERTRAIL CYF is a private company limited by shares and incorporated in Wales. Its registered office is:
	19 Carmarthen Street
	Canton
	Cardiff
	CF5 1QG