20 Sixteen Limited - Accounts to registrar - small 17.2

20 Sixteen Limited - Accounts to registrar - small 17.2

20 SIXTEEN LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v17.2.0.336 07134387 Board of Directors 1.1.16 31.12.16 31.12.16 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure071343872015-12-31071343872016-12-31071343872016-01-012016-12-31071343872014-12-31071343872015-01-012015-12-31071343872015-12-3107134387ns15:EnglandWales2016-01-012016-12-3107134387ns14:PoundSterling2016-01-012016-12-3107134387ns10:Director12016-01-012016-12-3107134387ns10:PrivateLimitedCompanyLtd2016-01-012016-12-3107134387ns10:SmallEntities2016-01-012016-12-3107134387ns10:AuditExempt-NoAccountantsReport2016-01-012016-12-3107134387ns10:SmallCompaniesRegimeForDirectorsReport2016-01-012016-12-3107134387ns10:SmallCompaniesRegimeForAccounts2016-01-012016-12-3107134387ns10:FullAccounts2016-01-012016-12-3107134387ns10:Director22016-01-012016-12-3107134387ns10:CompanySecretary12016-01-012016-12-3107134387ns10:RegisteredOffice2016-01-012016-12-3107134387ns5:CurrentFinancialInstruments2016-12-3107134387ns5:CurrentFinancialInstruments2015-12-3107134387ns5:ShareCapital2016-12-3107134387ns5:ShareCapital2015-12-3107134387ns5:RetainedEarningsAccumulatedLosses2016-12-3107134387ns5:RetainedEarningsAccumulatedLosses2015-12-3107134387ns5:PlantMachinery2016-01-012016-12-3107134387ns5:PlantMachinery2015-12-3107134387ns5:PlantMachinery2016-12-3107134387ns5:PlantMachinery2015-12-3107134387ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-12-3107134387ns5:CurrentFinancialInstrumentsns5:WithinOneYear2015-12-31


REGISTERED NUMBER: 07134387 (England and Wales)











Financial Statements

for the Year Ended 31 December 2016

for

20 SIXTEEN LIMITED

20 SIXTEEN LIMITED (REGISTERED NUMBER: 07134387)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


20 SIXTEEN LIMITED

Company Information
for the Year Ended 31 December 2016







DIRECTORS: Mr J A Steinberg
Mrs A Steinberg





SECRETARY: Mrs A Steinberg





REGISTERED OFFICE: Suite 404
324 Regent Street
London
W1B 3HH





REGISTERED NUMBER: 07134387 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY
Page 1
20 SIXTEEN LIMITED (REGISTERED NUMBER: 07134387)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,088 4,913

CURRENT ASSETS
Debtors 5 35,243 32,761
Cash at bank 25,598 58,126
60,841 90,887
CREDITORS
Amounts falling due within one year 6 27,993 43,868
NET CURRENT ASSETS 32,848 47,019
TOTAL ASSETS LESS CURRENT
LIABILITIES
37,936
51,932

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 37,836 51,832
SHAREHOLDERS' FUNDS 37,936 51,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 notes form part of these financial statements

Page 2 continued...
20 SIXTEEN LIMITED (REGISTERED NUMBER: 07134387)

Balance Sheet - continued
31 December 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 24 July 2017 and were
signed on its behalf by:





Mr J A Steinberg - Director


The notes form part of these financial statements

Page 3
20 SIXTEEN LIMITED (REGISTERED NUMBER: 07134387)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

20 Sixteen 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 the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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 - 25% on cost

Taxation
Taxation for the year 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 year 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 year was 2 .

Page 4 continued...
20 SIXTEEN LIMITED (REGISTERED NUMBER: 07134387)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

4. TANGIBLE FIXED ASSETS
Plant and
machiner
etc
£   
COST
At 1 January 2016 8,450
Additions 1,759
At 31 December 2016 10,209
DEPRECIATION
At 1 January 2016 3,537
Charge for year 1,584
At 31 December 2016 5,121
NET BOOK VALUE
At 31 December 2016 5,088
At 31 December 2015 4,913

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors 35,243 29,364
Other debtors - 3,397
35,243 32,761

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Taxation and social security 25,476 34,807
Other creditors 2,517 9,061
27,993 43,868

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company owed the director, Mr J Steinberg £683 (2015:
£3,397).

Page 5