Tomorrow Delivery Limited - Accounts to registrar (filleted) - small 18.2

Tomorrow Delivery Limited

Unaudited Financial Statements

for the Period 23 January 2020 to 21 January 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

W K Lin

W L Tham

SECRETARY:

Mrs S Lin

REGISTERED OFFICE:

48 - 52 Penny Lane

Mossley Hill

Liverpool

Merseyside

L18 1DG

REGISTERED NUMBER:

10571376 (England and Wales)

ACCOUNTANTS:

Matthews Sutton & Co Ltd

Chartered Certified Accountants

48 - 52 Penny Lane

Mossley Hill

Liverpool

Merseyside

L18 1DG

FIXED ASSETS

Tangible assets

4

4,941

6,224

Investment property

5

105,000

100,000

109,941

106,224

CURRENT ASSETS

Debtors

6

-

1,497

Cash at bank

28,676

14,487

28,676

15,984

CREDITORS

Amounts falling due within one year

7

106,223

100,426

NET CURRENT LIABILITIES

(77,547

)

(84,442

)

TOTAL ASSETS LESS CURRENT LIABILITIES

32,394

21,782

PROVISIONS FOR LIABILITIES

4,065

3,115

NET ASSETS

28,329

18,667

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

20,526

8,238

Retained earnings

7,703

10,329

28,329

18,667

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 21 January 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 21 January 2021 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 21 October 2021 and were signed on its behalf by:

W K Lin - Director

1.	STATUTORY INFORMATION

Tomorrow Delivery 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance and 20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 23 January 2020

and 21 January 2021

8,446

DEPRECIATION

At 23 January 2020

2,222

Charge for period

1,283

At 21 January 2021

3,505

NET BOOK VALUE

At 21 January 2021

4,941

At 22 January 2020

6,224

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 23 January 2020

100,000

Revaluations

5,000

At 21 January 2021

105,000

NET BOOK VALUE

At 21 January 2021

105,000

At 22 January 2020

100,000

Investment properties were valued using the market data by the director on the 22/01/2020

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

-

1,497

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

55,198

-

Trade creditors

-

11,051

Taxation and social security

2,540

878

Other creditors

48,485

88,497

106,223

100,426

8.

RESERVES

Fair

value

reserve

£

At 23 January 2020

8,238

Revaluation reserve

12,288

At 21 January 2021

20,526