Luxus Whetstone Limited
Luxus Whetstone Limited
Registered number: 12033589
Financial Statements
For The Year Ended
30 June 2021
Resolve Corporate Ltd
11 Garden Court
Tewin Road
Welwyn Garden City
Hertfordshire
AL7 1BH
Luxus Whetstone Limited
Financial Statements
For The Year Ended
30 June 2021
Financial Statements
Contents | |
Page | |
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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3 |
Luxus Whetstone Limited
Balance Sheet
As at
30 June 2021
Balance Sheet
Registered number:
12033589
For the year ending 30 June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
30 June 2021 | 30 June 2020 | ||||
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Stocks | 3 |
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Debtors | 4 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 5 |
( |
( |
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NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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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 | (2,371) | (863) | |||
Page 1
Luxus Whetstone Limited
Balance Sheet (continued)
As at
30 June 2021
Directors' responsibilities:
-
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 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 page 3 form part of these financial statements.
Page 2
Luxus Whetstone Limited
Notes to the Financial Statements
For The Year Ended
30 June 2021
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.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2020: NIL)
3.
Stocks
30 June 2021 | 30 June 2020 | ||
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£ | £ | ||
Inventories - cost of purchase | 3,235 | 3,235 | |
Inventories - cost of conversion |
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Inventories - other costs |
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4.
Debtors
30 June 2021 | 30 June 2020 | ||
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£ | £ | ||
Due within one year | |||
Other debtors |
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VAT |
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5.
Creditors: Amounts Falling Due Within One Year
30 June 2021 | 30 June 2020 | ||
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£ | £ | ||
Trade creditors |
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Other creditors |
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6.
Share Capital
30 June 2021 | 30 June 2020 | ||
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Allotted, Called up and fully paid |
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7.
General Information
Luxus Whetstone Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
12033589
. The registered office is 2nd Floor Lhs, 10 Bull Plain, Hertford, SG14 1DT.
Page 3