LowTax Limited


1 April 2020 false No description of principal activity Taxfiler 2021.20 03699947business:PrivateLimitedCompanyLtd2020-04-012021-03-31 036999472020-03-31 036999472020-04-012021-03-31 03699947business:AuditExempt-NoAccountantsReport2020-04-012021-03-31 03699947business:FullAccounts2020-04-012021-03-31 036999472021-03-31 036999472020-03-31 03699947core:WithinOneYear2021-03-31 03699947core:WithinOneYear2020-03-31 03699947core:AfterOneYear2021-03-31 03699947core:AfterOneYear2020-03-31 03699947countries:EnglandWales2020-04-012021-03-31 036999472019-04-012020-03-31 03699947business:Micro-entities2020-04-012021-03-31 03699947business:Director12020-04-012021-03-31 iso4217:GBP xbrli:pure
Company Registration No. 03699947 (England and Wales)
LowTax Limited Unaudited accounts for the year ended 31 March 2021
LowTax Limited Statement of Financial Position as at 31 March 2021
2021 
2020 
£ 
£ 
Fixed assets
73,804 
73,804 
Current assets
385,326 
329,353 
Prepayments and accrued income
40,152 
40,352 
Creditors: amounts falling due within one year
(202,259)
(232,900)
Net current assets
223,219 
136,805 
Total assets less current liabilities
297,023 
210,609 
Creditors: amounts falling due after more than one year
(201,655)
(193,530)
Net assets
95,368 
17,079 
Capital and reserves
95,368 
17,079 
NOTES TO THE ACCOUNTS
1 Statutory information
LowTax Limited is a private company, limited by shares, registered in England and Wales, registration number 03699947.
2 Average number of employees
During the year the average number of employees was 11 (2020: 12).
For the year ending 31 March 2021 the company was entitled to exemption from audit 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 20 September 2021
Richard Bayliss Director Company Registration No. 03699947
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