Lambert & Thurnherr Interiors Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07478078 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2018 to 30 March 2019

for

Lambert & Thurnherr Interiors Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Lambert

Mrs M Thurnherr-Grlica

REGISTERED OFFICE:

Flat 14 65 Ladbroke Grove

London

United Kingdom

W11 2PD

REGISTERED NUMBER:

07478078 (England and Wales)

ACCOUNTANTS:

Blythe & Co

206 Upper Richmond Road West

East Sheen

London

SW14 8AH

FIXED ASSETS

Tangible assets

4

901

1,838

CURRENT ASSETS

Stocks

8,747

14,797

Debtors

11,164

13,122

Cash at bank

32,691

35,725

52,602

63,644

CREDITORS

Amounts falling due within one year

41,498

65,133

NET CURRENT ASSETS/(LIABILITIES)

11,104

(1,489

)

TOTAL ASSETS LESS CURRENT LIABILITIES

12,005

349

PROVISIONS FOR LIABILITIES

349

349

NET ASSETS

11,656

-

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

11,556

(100

)

SHAREHOLDERS' FUNDS

11,656

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 March 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 December 2019 and were signed on its behalf by:

Mrs M Thurnherr-Grlica - Director

1.	STATUTORY INFORMATION

Lambert & Thurnherr Interiors 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2018

24,570

Additions

1,202

At 30 March 2019

25,772

DEPRECIATION

At 1 April 2018

22,732

Charge for period

2,139

At 30 March 2019

24,871

NET BOOK VALUE

At 30 March 2019

901

At 31 March 2018

1,838