STEVE PRICE ILLUSIONS LTD

STEVE PRICE ILLUSIONS LTD

SAPILL LTD - Company Information

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STEVE PRICE ILLUSIONS LTD

Company Registration Number:
09570785 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2018

Period of accounts

Start date: 01 May 2017

End date: 30 April 2018

STEVE PRICE ILLUSIONS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2018

Balance sheet
Notes

STEVE PRICE ILLUSIONS LTD

Balance sheet

As at 30 April 2018


Notes
2018
11 months to 30 April 2017


£
£
Fixed assets
Tangible assets: 3 9,562 11,068
Total fixed assets: 9,562 11,068
Current assets
Stocks: 516 516
Debtors:   143 466
Cash at bank and in hand: 25,137 9,061
Total current assets: 25,796 10,043
Creditors: amounts falling due within one year:   (4,726) (3,643)
Net current assets (liabilities): 21,070 6,400
Total assets less current liabilities: 30,632 17,468
Creditors: amounts falling due after more than one year:   (28,844) (15,405)
Provision for liabilities: (1,743) (2,011)
Total net assets (liabilities): 45 52
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 35 42
Shareholders funds: 45 52

The notes form part of these financial statements

STEVE PRICE ILLUSIONS LTD

Balance sheet statements

For the year ending 30 April 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 December 2018
and signed on behalf of the board by:

Name: S J PRICE
Status: Director

The notes form part of these financial statements

STEVE PRICE ILLUSIONS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided at the annual rate of 25% on the reducing balance in order to write off each asset over its estimated useful life.

Other accounting policies

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

STEVE PRICE ILLUSIONS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2018

2. Employees

2018 11 months to 30 April 2017
Average number of employees during the period 2 2

STEVE PRICE ILLUSIONS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2018

3. Tangible Assets

Total
Cost £
At 01 May 2017 13,284
Additions 1,681
At 30 April 2018 14,965
Depreciation
At 01 May 2017 2,216
Charge for year 3,187
At 30 April 2018 5,403
Net book value
At 30 April 2018 9,562
At 30 April 2017 11,068