R&B More Life Promotions Limited
R&B More Life Promotions Limited
Registered number: 06702368
Unaudited Financial Statements
For The Year Ended
30 September 2020
More Group (Accounting) Limited
R&B More Life Promotions Limited
Unaudited Financial Statements
For The Year Ended
30 September 2020
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Balance Sheet | 2—3 |
| Notes to the Financial Statements | 4—5 |
R&B More Life Promotions Limited
Company Information
For The Year Ended
30 September 2020
Company Information
| Director |
|
| Secretary |
|
| Company Number |
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| Registered Office | 65 Compton Street |
| London | |
| EC1V 0BN | |
| Accountants |
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|
|
|
| London | |
| EC1V 0BN | |
Page 1
R&B More Life Promotions Limited
Balance Sheet
As at
30 September 2020
Balance Sheet
Registered number:
06702368
For the year ending 30 September 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| Creditors: Amounts Falling Due Within One Year | 4 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 5 |
( |
( |
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| NET LIABILITIES |
( |
( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | (478) | (478) | |||
Page 2
R&B More Life Promotions Limited
Balance Sheet (continued)
As at
30 September 2020
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
|
Director
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|
The notes on pages 4 to 5 form part of these financial statements.
Page 3
R&B More Life Promotions Limited
Notes to the Financial Statements
For The Year Ended
30 September 2020
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the director will continue to financially support the company during this uncertain period.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
|
1.4.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2019: 1)
3.
Tangible Assets
| Land & Property | |
|---|---|
| Freehold | |
| £ | |
| Cost | |
| As at
|
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| As at
|
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| Net Book Value | |
| As at
|
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| As at
|
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Included within the net book value of land and buildings above is £218,579 (2019 : £218,579) in respect of freehold land and buildings.
4.
Creditors: Amounts Falling Due Within One Year
| 2020 | 2019 | ||
|---|---|---|---|
| £ | £ | ||
| Income tax liabiity |
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Page 4
R&B More Life Promotions Limited
Notes to the Financial Statements (continued)
For The Year Ended
30 September 2020
5.
Creditors: Amounts Falling Due After More Than One Year
| 2020 | 2019 | ||
|---|---|---|---|
| £ | £ | ||
| Loans and borrowings |
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7.
Ultimate Controlling Party
The ultimate controlling party is director by virtue of his shareholding.
8.
General Information
R&B More Life Promotions Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
06702368
. The registered office is 65 Compton Street, London, EC1V 0BN.
Page 5