Hannah Louise Lamb Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC446664 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

Hannah Louise Lamb Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs H Scott

REGISTERED OFFICE:

17-21 East Mayfield

Edinburgh

EH9 1SE

REGISTERED NUMBER:

SC446664 (Scotland)

ACCOUNTANTS:

Helen Lowe Ltd

17-21 East Mayfield

Edinburgh

EH9 1SE

FIXED ASSETS

Intangible assets

4

28,000

35,000

Tangible assets

5

9,963

11,386

37,963

46,386

CURRENT ASSETS

Cash at bank and in hand

90,986

63,223

CREDITORS

Amounts falling due within one year

6

22,673

14,729

NET CURRENT ASSETS

68,313

48,494

TOTAL ASSETS LESS CURRENT LIABILITIES

106,276

94,880

PROVISIONS FOR LIABILITIES

1,992

2,277

NET ASSETS

104,284

92,603

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

104,084

92,403

SHAREHOLDERS' FUNDS

104,284

92,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 27 September 2019 and were signed by:

Mrs H Scott - Director

1.	STATUTORY INFORMATION

Hannah Louise Lamb Ltd is a private company, limited by shares , registered in Scotland. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2018

and 31 March 2019

70,000

AMORTISATION

At 1 April 2018

35,000

Charge for year

7,000

At 31 March 2019

42,000

NET BOOK VALUE

At 31 March 2019

28,000

At 31 March 2018

35,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

and 31 March 2019

15,908

DEPRECIATION

At 1 April 2018

4,522

Charge for year

1,423

At 31 March 2019

5,945

NET BOOK VALUE

At 31 March 2019

9,963

At 31 March 2018

11,386

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

31

-

Taxation and social security

14,634

9,760

Other creditors

8,008

4,969

22,673

14,729

7.	RELATED PARTY DISCLOSURES

Other creditors includes a loan from the director of £7,198 (2018: £4,168). This loan is unsecured and is

repayable on demand.