Louella Belle Limited Filleted accounts for Companies House (small and micro)
Louella Belle Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
04391790
|
|
|
|
Statement of Financial Position |
2017 |
2016 |
||
Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
6 |
|
|
|
Current assets
Stocks |
|
|
||
Debtors |
7 |
|
|
|
Cash at bank and in hand |
|
|
||
------------ |
------------ |
|||
|
|
|||
Creditors: amounts falling due within one year |
8 |
|
|
|
------------ |
------------ |
|||
Net current assets |
|
|
||
--------- |
--------- |
|||
Total assets less current liabilities |
|
|
||
Provisions
Taxation including deferred tax |
|
|
|
--------- |
--------- |
||
Net assets |
|
|
|
--------- |
--------- |
||
Capital and reserves
Called up share capital |
|
|
|
Profit and loss account |
|
|
|
--------- |
--------- |
||
Shareholders funds |
|
|
|
--------- |
--------- |
||
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
12 October 2018
, and are signed on behalf of the board by:
|
|
Director |
Director |
Company registration number:
04391790
|
Notes to the Financial Statements |
Year ended 31 December 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ashdon House, Second Floor, Moon Lane, Barnet, EN5 5YL, Herts.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Foreign currencies
Operating leases
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Short Leashold |
- |
|
|
Exhibition Stands |
- |
|
|
Fixtures & Fittings |
- |
|
|
Motor Vehicles |
- |
|
|
Computer Equipment |
- |
|
|
Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Provisions
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
18
(2016:
18
).
5.
Intangible assets
Goodwill |
|
£ |
|
Cost |
|
At 1 January 2017 and 31 December 2017 |
|
-------- |
|
Amortisation |
|
At 1 January 2017 and 31 December 2017 |
|
-------- |
|
Carrying amount |
|
At 31 December 2017 |
– |
-------- |
|
At 31 December 2016 |
– |
-------- |
|
6.
Tangible assets
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Cost |
||||||
At 1 Jan 2017 |
|
|
|
|
|
|
Additions |
– |
– |
– |
|
|
|
-------- |
-------- |
-------- |
-------- |
-------- |
--------- |
|
At 31 Dec 2017 |
|
|
|
|
|
|
-------- |
-------- |
-------- |
-------- |
-------- |
--------- |
|
Depreciation |
||||||
At 1 Jan 2017 |
|
|
|
|
|
|
Charge for the year |
|
– |
|
|
|
|
-------- |
-------- |
-------- |
-------- |
-------- |
--------- |
|
At 31 Dec 2017 |
|
|
|
|
|
|
-------- |
-------- |
-------- |
-------- |
-------- |
--------- |
|
Carrying amount |
||||||
At 31 Dec 2017 |
|
– |
|
|
|
|
-------- |
-------- |
-------- |
-------- |
-------- |
--------- |
|
At 31 Dec 2016 |
|
– |
|
|
|
|
-------- |
-------- |
-------- |
-------- |
-------- |
--------- |
|
7.
Debtors
2017 |
2016 |
|
£ |
£ |
|
Trade debtors |
|
|
Other debtors |
|
|
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|
8.
Creditors:
amounts falling due within one year
2017 |
2016 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Corporation tax |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|
9.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2017 |
2016 |
|
£ |
£ |
|
Not later than 1 year |
|
– |
Later than 1 year and not later than 5 years |
– |
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
10.
Directors' advances, credits and guarantees