Lupfaw 335 Limited Filleted accounts for Companies House (small and micro)

LUPFAW 335 LIMITED - Company Information

false false false false false false false false false true false false false false false false false 2017-04-01 Sage Accounts Production Advanced 2018 - FRS xbrli:pure xbrli:shares iso4217:GBP 07881422 2017-04-01 2018-03-31 07881422 2018-03-31 07881422 2017-03-31 07881422 bus:Director1 2017-04-01 2018-03-31 07881422 core:WithinOneYear 2017-03-31 07881422 core:ShareCapital 2018-03-31 07881422 core:ShareCapital 2017-03-31 07881422 core:RetainedEarningsAccumulatedLosses 2018-03-31 07881422 core:RetainedEarningsAccumulatedLosses 2017-03-31 07881422 bus:SmallEntities 2017-04-01 2018-03-31 07881422 bus:AuditExemptWithAccountantsReport 2017-04-01 2018-03-31 07881422 bus:FullAccounts 2017-04-01 2018-03-31 07881422 bus:SmallCompaniesRegimeForAccounts 2017-04-01 2018-03-31 07881422 bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31

COMPANY REGISTRATION NUMBER: 07881422

Lupfaw 335 Limited

Filleted unaudited financial statements

31 March 2018

Lupfaw 335 Limited

Statement of financial position

31 March 2018

	2018		2017
Note	£	£	£	£

Current assets

Debtors	4	2,017	8,250
Cash at bank and in hand		18,420	22,165
		-------	-------
		20,437	30,415

Creditors: amounts falling due within one year	5	–		( 76)
		-------		-------
Net current assets			20,437		30,339
			-------		-------
Total assets less current liabilities			20,437		30,339
			-------		-------

Capital and reserves

Called up share capital		100	1
Profit and loss account	6	20,337	30,338
		-------	-------
Shareholders funds		20,437	30,339
		-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31st March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 14 December 2018 , and are signed on behalf of the board by:

Mr H A Rutter
Director

Company registration number: 07881422

Lupfaw 335 Limited

Notes to the financial statements

year ended 31st March 2018

1. General information

The principal activity of the company is management consultancy . The company is a private limited company, which is incorporated in England and Wales (no. 07881422 ). The address of the registered office is Yorkshire House, East Parade, Leeds, LS1 5BD.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the date of the statement of financial position and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Details of these judgements are set out in the accounting policies .

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Debtors

	2018	2017
	£	£

Called up share capital not paid	100	1
Director's loan account	1,196	7,528
Other debtors	721	721
	------	------
	2,017	8,250
	------	------

5. Creditors: amounts falling due within one year

	2018	2017
	£	£

Corporation tax	–	76
	----	----

6. Reserves

Profit and loss account - This reserve records retained earnings and accumulated losses.

7. Director's advances, credits and guarantees

Included in other debtors is an amount of £1,196 (2017: £7,528) due from a director of the company.