Stylish Lettings Ltd
Stylish Lettings Ltd
Registered number: 07829208
Unaudited Financial Statements
For The Year Ended 31 October 2017
Taxave Business Centre Ltd
65 Gales Drive
Three Bridges
Crawley
West Sussex
RH10 1QA
Stylish Lettings Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2017
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—4 |
Stylish Lettings Ltd
Balance Sheet
As at
31 October 2017
Balance Sheet
Registered number:
07829208
For the year ending 31 October 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 3 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 4 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 6,102 | 10,936 | |||
Page 1
Stylish Lettings Ltd
Balance Sheet (continued)
As at
31 October 2017
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Stylish Lettings Ltd
Notes to the Financial Statements
For The Year Ended 31 October 2017
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
2.
Average Number of Employees
During the year the company had no employees.
3.
Creditors: Amounts Falling Due Within One Year
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£ | £ | ||
Corporation tax |
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Director's loan account | - |
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Page 3
Stylish Lettings Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2017
4.
Share Capital
2017 | 2016 | ||
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Allotted, Called up and fully paid |
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5.
General Information
Stylish Lettings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07829208 . The registered office is Second Floor, 77 Kingsway, London, WC2B 6SR.
Page 4