Contents of the Financial Statements

for the Period Ended 31 December 2020

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2020

The directors present their report with the financial statements of the company for the period ended 31 December 2020

Directors

The director shown below has held office during the whole of the period from
1 January 2020 to 31 December 2020

Mathan Shanmugam Mohan

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 September 2021

And signed on behalf of the board by:
Name: Mathan Shanmugam Mohan
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2020

	2020	2019
	£	£
Turnover:	37,130	21,375
Cost of sales:	( 26,991 )	( 10,893 )
Gross profit(or loss):	10,139	10,482
Distribution costs:	( 300 )	( 260 )
Administrative expenses:	( 16,145 )	( 9,138 )
Other operating income:	7,291
Operating profit(or loss):	985	1,084
Profit(or loss) before tax:	985	1,084
Tax:	( 187 )	( 206 )
Profit(or loss) for the financial year:	798	878

Balance sheet

As at 31 December 2020

	Notes	2020	2019
		£	£
Current assets
Debtors:	3	3,540	1,330
Cash at bank and in hand:		4,124	844
Total current assets:		7,664	2,174
Prepayments and accrued income:		4,894
Creditors: amounts falling due within one year:	4	( 737 )	( 550 )
Net current assets (liabilities):		11,821	1,624
Total assets less current liabilities:		11,821	1,624
Creditors: amounts falling due after more than one year:	5	( 9,400 )
Total net assets (liabilities):		2,421	1,624
Capital and reserves
Called up share capital:		100	100
Profit and loss account:		2,321	1,524
Total Shareholders' funds:		2,421	1,624

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2020

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  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 therendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been 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.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over itsexpected useful life, as follows:Equipment, Fixtures & fittings: 25% Reducing balance

Notes to the Financial Statements

for the Period Ended 31 December 2020

• 2. Employees

  	2020	2019
  Average number of employees during the period	1	1