One Vyner Street Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 07541216 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

One Vyner Street Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Michelon

P Mozzato

S Sinclair

SECRETARY:

REGISTERED OFFICE:

76 St Johns Road

Tunbridge Wells

Kent

TN4 9PH

REGISTERED NUMBER:

07541216 (England and Wales)

ACCOUNTANTS:

Figures Limited

76 St Johns Road

Tunbridge Wells

Kent

TN4 9PH

FIXED ASSETS

Tangible assets

4

15,680

19,903

CURRENT ASSETS

Stocks

4,298

7,200

Debtors

5

22,500

-

Cash at bank and in hand

14,396

38,627

41,194

45,827

CREDITORS

Amounts falling due within one year

6

78,657

62,570

NET CURRENT LIABILITIES

(37,463

)

(16,743

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(21,783

)

3,160

CREDITORS

Amounts falling due after more than one year

7

15,000

15,000

NET LIABILITIES

(36,783

)

(11,840

)

CAPITAL AND RESERVES

Called up share capital

15

15

Retained earnings

(36,798

)

(11,855

)

SHAREHOLDERS' FUNDS

(36,783

)

(11,840

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 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 11 December 2017 and were signed on its behalf by:

S Sinclair - Director

1.	STATUTORY INFORMATION

One Vyner Street 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 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

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 10 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

65,476

Additions

1,004

At 31 March 2017

66,480

DEPRECIATION

At 1 April 2016

45,573

Charge for year

5,227

At 31 March 2017

50,800

NET BOOK VALUE

At 31 March 2017

15,680

At 31 March 2016

19,903

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other debtors

22,500

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans and overdrafts

6,076

10,000

Trade creditors

55,273

29,205

Taxation and social security

12,813

15,686

Other creditors

4,495

7,679

78,657

62,570

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.17

31.3.16

£

£

Other creditors

15,000

15,000