London Shopfitters Limited,Ltd - Accounts
London Shopfitters Limited,Ltd - Accounts
| Registered Number:03118973 |
For the year ended 31 October 2016
England and Wales
Report of the Director and Unaudited Financial Statements
2
For the year ended 31 October 2016
London Shopfitters Limited
Contents Page
| Company Information |
| 1 |
2
Director's Report
3
Independent Accountant's Report
4
Income Statement
5
Statement of Financial Position
6 to 7
Notes to the Financial Statements
8 to 9
Trading and Profit and Loss Account
3
For the year ended 31 October 2016
London Shopfitters Limited
Company Information
Mr Gurdip Singh Toot
Director
Mr Gurprit Singh Toot
Company Secretary
03118973
| Registered Number |
| Registered Office |
Essex
Accountant
International Accountants
41 Highwood Gardens
Ilford
Essex
IG5 0AZ
Bankers
1 of 7
4
For the year ended 31 October 2016
London Shopfitters Limited
Director's Report
The director presents his report and accounts for the year ended 31 October 2016.
| Principal activities |
Director
The director who served the company throughout the year was as follows:
| Mr Gurdip Singh Toot |
Signed on behalf of the board of directors
| Date: |
2 of 7
5
For the year ended 31 October 2016
London Shopfitters Limited
Independent Accountant's Report
| As described on the Statement of Financial Position you are responsible for the preparation of the financial statements |
| for the year ended 31 October 2016 and you consider that the company is exempt from an audit under the Companies |
| Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to |
| assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations |
| supplied to us. |
London Accountancy Limited
International Accountants
41 Highwood Gardens
Ilford
Essex
IG5 0AZ
| Date: |
17 March 2017
3 of 7
6
For the year ended 31 October 2016
London Shopfitters Limited
Income Statement
2015
| £ |
2016
| £ |
| Turnover |
(1,810,159 )
| Cost of sales |
(2,023,721 )
Gross profit
| Distribution costs |
(116,882 )
(130,326 )
| Administrative expenses |
(581,288 )
(495,922 )
(698,170)
(626,248)
| Other operating income |
6,742
Operating profit
| Other interest receivable and similar income |
| Interest payable and similar charges |
(3,544 )
(2,651 )
Profit before taxation
(32,252 )
(40,475 )
| Taxation |
Profit for the financial year
4 of 7
7
| As at |
London Shopfitters Limited
Statement of Financial Position
| Registered Number : |
| £ |
| £ |
2015
2016
| Notes |
| Fixed assets |
| Property, plant and equipment |
2
| Current assets |
| Inventories |
| Trade and other receivables |
3
| Cash and cash equivalents |
| Trade and other payables: amounts falling due within one |
| year |
(324,378 )
(484,552 )
4
510,077
Net current assets
| Total assets less current liabilities |
| Trade and other payables: amounts falling due after more |
| than one year |
(29,369 )
(21,421 )
5
Net assets
| Capital and reserves |
| Called up share capital |
| Retained earnings |
| Other reserves |
2
Shareholders' funds
| 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 Section |
| 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. |
| Mr Gurdip Singh Toot |
| These financial statements were approved and authorised for issue by the Board on |
| The notes form part of these financial statements |
5 of 7
8
For the year ended 31 October 2016
London Shopfitters Limited
Notes to the Financial Statements
Statutory Information
| London Shopfitters Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 03118973. |
| Registered address: |
Unit 6, Blackwater Close
Marsh Way
Rainham
Essex
RM13 8UA
| The presentation currency is £ sterling. |
| 1. Accounting policies |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
Property, plant and equipment
Land and buildings
Plant and machinery
Motor vehicles
Fixtures and fittings
Inventories
Hire purchase and leasing commitments
6 of 7
9
For the year ended 31 October 2016
London Shopfitters Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
| Total |
| Fixtures and |
| fittings |
Motor vehicles
| Plant and |
| machinery |
| Land and |
| buildings |
| £ |
| £ |
| £ |
| £ |
| £ |
| Cost or |
| valuation |
| At 01 November 2015 |
| Additions |
(17,000 )
| Disposals |
(17,000 )
| At 31 October 2016 |
| Provision for depreciation and impairment |
| At 01 November 2015 |
Charge for year
(12,962 )
(12,962 )
| On disposal |
| At 31 October 2016 |
| At 31 October 2016 |
| Net book value |
| At 31 October 2015 |
| 3. Trade and other receivables |
2015
2016
| £ |
| £ |
| Trade debtors |
| Other debtors |
| 4. Trade and other payables: amounts falling due within one year |
2015
2016
| £ |
| £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 5. Trade and other payables: amounts falling due after more than one year |
2015
2016
| £ |
| £ |
| Other creditors |
7 of 7