Accounts filed on 31-12-2018


Registered number: 07018019






Little Wigwam Limited


ACCOUNTS

FOR THE YEAR ENDED 31/12/2018
























Prepared By:
Limelight Accountancy Limited
99 Weyhill,
Haslemere
Surrey
GU27 1HT


ACCOUNTS
FOR THE YEAR ENDED 31/12/2018





DIRECTORS
Mr Mark Dominic Slade
Mrs Joanne Birgitta Slade


REGISTERED OFFICE
99 Weyhill
Haslemere
Surrey
GU27 1HT


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07018019



ACCOUNTANTS
Limelight Accountancy Limited
99 Weyhill,
Haslemere
Surrey
GU27 1HT


ACCOUNTS
FOR THEYEARENDED31/12/2018



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/12/2018

			2018		2017
	Notes		£		£

FIXED ASSETS
Tangible assets	2		1,323		1,743

CURRENT ASSETS
Stock		48,984		52,936
Debtors	4	1		1
Cash at bank and in hand		146,277		143,629
		195,262		196,566
CREDITORS: Amounts falling due within one year	5	29,707		30,119
NET CURRENT ASSETS			165,555		166,447
TOTAL ASSETS LESS CURRENT LIABILITIES			166,878		168,190

CAPITAL AND RESERVES

Called up share capital	7		100		100
Profit and loss account			166,778		168,090
SHAREHOLDERS' FUNDS			166,878		168,190

For the year ending 31/12/2018 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23/07/2019 and signed on their behalf by



.............................
Mr Mark Dominic Slade
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		straight line 25%
Fixtures and Fittings		straight line 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates. Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




4. DEBTORS	2018	2017
	£	£
Amounts falling due within one year
Directors current account	1	1
	1	1




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2018	2017
	£	£
UK corporation tax	15,987	18,193
VAT	13,410	10,518
PAYE control	206	-
Salaries and wages control	-	304
Unpaid Expenses	104	-
Accruals	-	1,104
	29,707	30,119




7. SHARE CAPITAL	2018	2017
	£	£
Allotted, issued and fully paid:
100 Ordinary Share of £1 each	100	100
	100	100




8. CONTROLLING PARTY
There is no ultimate controlling party.