London Shopfitters Limited,Ltd - AccountsLtd - Accounts
London Shopfitters Limited,Ltd - AccountsLtd - Accounts
Registered Number:03118973 |
For the year ended 31 October 2017
England and Wales
Report of the Directors and Unaudited Financial Statements
2
For the year ended 31 October 2017
London Shopfitters Limited
Contents Page
Company Information |
1 |
2
Directors' Report
3
Independent Accountant's Report
4
Income Statement
5
Statement of Financial Position
6 to 8
Notes to the Financial Statements
9 to 10
Trading and Profit and Loss Account
3
For the year ended 31 October 2017
London Shopfitters Limited
Company Information
Mr Gurdip Singh Toot
Director
Surjit Singh (appointed on 1 March 2017)
Gurprit Singh Toot (appointed on 1 March 2017)
Mr Gurprit Singh Toot
Company Secretary
03118973
Registered Number |
Registered Office |
Essex
Accountant
International Accountants
41 Highwood Gardens
Ilford
Essex
IG5 0AZ
Bankers
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For the year ended 31 October 2017
London Shopfitters Limited
Directors' Report
The directors present their report and accounts for the year ended 31 October 2017.
Principal activities |
Directors
The directors who served the company throughout the year were as follows:
Gurprit Singh Toot |
Signed on behalf of the board of directors
Date: |
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5
For the year ended 31 October 2017
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 2017 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: |
12 February 2018
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For the year ended 31 October 2017
London Shopfitters Limited
Income Statement
2016
£ |
2017
£ |
Turnover |
(2,023,721 )
Cost of sales |
(2,580,297 )
Gross profit
Distribution costs |
(136,337 )
(116,882 )
Administrative expenses |
(750,966 )
(581,288 )
(887,303)
(698,170)
Other operating income |
7,200
Operating profit
Other interest receivable and similar income |
Interest payable and similar charges |
(3,221 )
(3,544 )
Profit before taxation
(21,998 )
(32,252 )
Taxation |
Profit for the financial year
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7
As at |
London Shopfitters Limited
Statement of Financial Position
Registered Number : |
£ |
£ |
2016
2017
Notes |
Fixed assets |
Property, plant and equipment |
2
Current assets |
Inventories |
3
Trade and other receivables |
4
Cash and cash equivalents |
Trade and other payables: amounts falling due within one |
year |
(484,552 )
(392,228 )
5
623,759
Net current assets
Total assets less current liabilities |
Trade and other payables: amounts falling due after more |
than one year |
(21,421 )
(3,408 )
6
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. |
Surjit Singh |
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 |
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For the year ended 31 October 2017
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
Pension costs and other post-retirement benefits
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9
For the year ended 31 October 2017
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 2016 |
Additions |
At 31 October 2017 |
Provision for depreciation and impairment |
At 01 November 2016 |
Charge for year
At 31 October 2017 |
At 31 October 2017 |
Net book value |
At 31 October 2016 |
3. Inventories |
2016
2017
£ |
£ |
Stocks |
4. Trade and other receivables |
2016
2017
£ |
£ |
Trade debtors |
Other debtors |
5. Trade and other payables: amounts falling due within one year |
2016
2017
£ |
£ |
Trade creditors |
Taxation and social security |
Other creditors |
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For the year ended 31 October 2017
London Shopfitters Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2016
2017
£ |
£ |
Other creditors |
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