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

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


IRIS Accounts Productionv19.3.0.61907241565Board of DirectorsBoard of Directors1.4.1831.3.1931.3.19falsetruefalsefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure072415652018-03-31072415652019-03-31072415652018-04-012019-03-31072415652017-03-31072415652017-04-012018-03-31072415652018-03-3107241565ns15:EnglandWales2018-04-012019-03-3107241565ns14:PoundSterling2018-04-012019-03-3107241565ns10:Director12018-04-012019-03-3107241565ns10:Director22018-04-012019-03-3107241565ns10:PrivateLimitedCompanyLtd2018-04-012019-03-3107241565ns10:SmallEntities2018-04-012019-03-3107241565ns10:AuditExempt-NoAccountantsReport2018-04-012019-03-3107241565ns10:SmallCompaniesRegimeForDirectorsReport2018-04-012019-03-3107241565ns10:SmallCompaniesRegimeForAccounts2018-04-012019-03-3107241565ns10:FullAccounts2018-04-012019-03-310724156512018-04-012019-03-3107241565ns10:Director32018-04-012019-03-3107241565ns10:Director42018-04-012019-03-3107241565ns10:Director52018-04-012019-03-3107241565ns10:RegisteredOffice2018-04-012019-03-3107241565ns5:CurrentFinancialInstruments2019-03-3107241565ns5:CurrentFinancialInstruments2018-03-3107241565ns5:ShareCapital2019-03-3107241565ns5:ShareCapital2018-03-3107241565ns5:SharePremium2019-03-3107241565ns5:SharePremium2018-03-3107241565ns5:RetainedEarningsAccumulatedLosses2019-03-3107241565ns5:RetainedEarningsAccumulatedLosses2018-03-3107241565ns5:NetGoodwill2018-04-012019-03-3107241565ns5:IntangibleAssetsOtherThanGoodwill2018-04-012019-03-3107241565ns5:FurnitureFittings2018-04-012019-03-3107241565ns5:ComputerEquipment2018-04-012019-03-3107241565ns5:NetGoodwill2018-03-3107241565ns5:NetGoodwill2019-03-3107241565ns5:NetGoodwill2018-03-3107241565ns5:FurnitureFittings2018-03-3107241565ns5:ComputerEquipment2018-03-3107241565ns5:FurnitureFittings2019-03-3107241565ns5:ComputerEquipment2019-03-3107241565ns5:FurnitureFittings2018-03-3107241565ns5:ComputerEquipment2018-03-3107241565ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-03-3107241565ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3107241565ns5:RetainedEarningsAccumulatedLosses2018-03-3107241565ns5:SharePremium2018-03-3107241565ns5:RetainedEarningsAccumulatedLosses2018-04-012019-03-31


REGISTERED NUMBER: 07241565(England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

SUPADU LIMITED

SUPADU LIMITED (REGISTERED NUMBER: 07241565)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SUPADU LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2019







DIRECTORS: Mr N Blackley
Mr M D Harris
Mrs M Harvie-Watt
Mr M L Harvie-Watt
Ms S F H Arbuthnot





REGISTERED OFFICE: c/o WeWork
30 Stamford Street
London
SE1 9LQ





REGISTERED NUMBER: 07241565(England and Wales)





ACCOUNTANTS: TaxAgility Accountants Ltd
Chartered Accountants
34 Lower Richmond Road
Putney
London
SW15 1JP

SUPADU LIMITED (REGISTERED NUMBER: 07241565)

BALANCE SHEET
31 MARCH 2019

31.3.19 31.3.18
Notes £    £   
FIXED ASSETS
Intangible assets 4 140,000 160,000
Property, plant and equipment 5 598 3,201
140,598 163,201

CURRENT ASSETS
Debtors 6 188,938 183,436
Cash at bank 173,261 161,823
362,199 345,259
CREDITORS
Amounts falling due within one year 7 (77,315 ) (141,366 )
NET CURRENT ASSETS 284,884 203,893
TOTAL ASSETS LESS CURRENT
LIABILITIES

425,482

367,094

CAPITAL AND RESERVES
Called up share capital 925 925
Share premium 8 241,420 241,420
Retained earnings 8 183,137 124,749
425,482 367,094

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 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.

SUPADU LIMITED (REGISTERED NUMBER: 07241565)

BALANCE SHEET - continued
31 MARCH 2019


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 Board of Directors on 15 November 2019and were signed on its behalf by:




Mrs M Harvie-Watt- Director



Mr N Blackley- Director


SUPADU LIMITED (REGISTERED NUMBER: 07241565)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019

1. STATUTORY INFORMATION

Supadu 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 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.

Goodwill
Due to the adoption of FRS 102, Goodwill has been amortised over a period of 10 years as no definite useful life can
be estimated reliably.

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.
Fixtures and fittings - 25% on cost
Computer equipment - 33.3% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16(2018 - 20) .

SUPADU LIMITED (REGISTERED NUMBER: 07241565)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2019

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2018
and 31 March 2019 200,000
AMORTISATION
At 1 April 2018 40,000
Charge for year 20,000
At 31 March 2019 60,000
NET BOOK VALUE
At 31 March 2019 140,000
At 31 March 2018 160,000

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2018 418 21,430 21,848
Additions - 244 244
At 31 March 2019 418 21,674 22,092
DEPRECIATION
At 1 April 2018 243 18,404 18,647
Charge for year 105 2,742 2,847
At 31 March 2019 348 21,146 21,494
NET BOOK VALUE
At 31 March 2019 70 528 598
At 31 March 2018 175 3,026 3,201

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade debtors 166,796 164,516
Other debtors 22,142 18,920
188,938 183,436

SUPADU LIMITED (REGISTERED NUMBER: 07241565)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade creditors 6,897 49,132
Taxation and social security (9,793 ) 32,312
Other creditors 80,211 59,922
77,315 141,366

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 April 2018 124,749 241,420 366,169
Profit for the year 58,388 58,388
At 31 March 2019 183,137 241,420 424,557

9. RELATED PARTY DISCLOSURES

It is confirmed that the director’s current account is debited with personal transactions and credited with director’s
remuneration as well as dividends.

The loan is unsecured, interest free and no repayment terms have been agreed.

The balance owing to Mr M Harvie-Watt was NIL (2018:£18,000).