Serekinti Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07610821 (England and Wales)

Serekinti Limited

Unaudited Financial Statements

for the Year Ended 31 March 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms F Maher

Mr D Schraibman

REGISTERED OFFICE:

Pistyll Bach

Tremeirchion Road

Bodfari

Denbighshire

LL16 4EN

REGISTERED NUMBER:

07610821 (England and Wales)

ACCOUNTANTS:

Gardners Accountants Limited

Chartered Accountants

Brynford House

21 Brynford Street

Holywell

Flintshire

CH8 7RD

FIXED ASSETS

Tangible assets

4

668

2,428

CURRENT ASSETS

Debtors

5

2,669

6,566

Cash at bank

129

3,558

2,798

10,124

CREDITORS

Amounts falling due within one year

6

7,388

6,155

NET CURRENT (LIABILITIES)/ASSETS

(4,590

)

3,969

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,922

)

6,397

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(4,022

)

6,297

SHAREHOLDERS' FUNDS

(3,922

)

6,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 26 November 2018 and were signed on its behalf by:

Ms F Maher - Director

1.	STATUTORY INFORMATION

Serekinti 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.

Fixtures and fittings

-

33% on cost

Website

-

33% 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 1 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

Website

Totals

£

£

£

COST

At 1 April 2017

and 31 March 2018

1,617

3,761

5,378

DEPRECIATION

At 1 April 2017

945

2,005

2,950

Charge for year

519

1,241

1,760

At 31 March 2018

1,464

3,246

4,710

NET BOOK VALUE

At 31 March 2018

153

515

668

At 31 March 2017

672

1,756

2,428

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

925

5,903

Other debtors

1,744

663

2,669

6,566

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

590

2,695

Other creditors

6,798

3,460

7,388

6,155

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100