Straight Estate Limited - Accounts to registrar (filleted) - small 18.2

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

STRAIGHT ESTATE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J R Morris

Mrs A V Morris

SECRETARY:

M J R Morris

REGISTERED OFFICE:

Nethergers

Church Lane

Robertsbridge

East Sussex

TN32 5PH

REGISTERED NUMBER:

05919824 (England and Wales)

ACCOUNTANTS:

Radmor Accountancy Services Limited

Nethergers

Church Lane

Robertsbridge

East Sussex

TN32 5PH

CURRENT ASSETS

Debtors

4

691

691

CREDITORS

Amounts falling due within one year

5

1,052

1,052

NET CURRENT LIABILITIES

(361

)

(361

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(361

)

(361

)

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

(661

)

(661

)

SHAREHOLDERS' FUNDS

(361

)

(361

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 20 September 2021 and were signed on its behalf by:

M J R Morris - Director

1.	STATUTORY INFORMATION

Straight Estate Limited is a private company, limited by shares , registered in England and Wales. 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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Other debtors

591

591

Directors' current accounts

100

100

691

691

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Directors' current accounts

27

27

Accrued expenses

1,025

1,025

1,052

1,052

6.	CONTINGENT LIABILITIES

There were no contingent liabilities at the year end.

7.	CAPITAL COMMITMENTS

The company had no capital commitments at the year end.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

There have been no transactions with directors that the company should report.

9.	POST BALANCE SHEET EVENTS

There have been no significant post balance sheet events.