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

REGISTERED NUMBER: 04646713 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2020

for

257 Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A F Blake

A D Pawson

Mrs R A Blake

Mrs P J Pawson

SECRETARY:

A F Blake

REGISTERED OFFICE:

61 Rodney Street

Liverpool

Merseyside

L1 9ER

BUSINESS ADDRESS:

235 Ducie House

Ducie Street

Manchester

M1 2JW

REGISTERED NUMBER:

04646713 (England and Wales)

ACCOUNTANTS:

Alexander Myerson & Co Limited

Alexander House

61 Rodney Street

Liverpool

Merseyside

L1 9ER

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,349

6,025

5,349

6,025

CURRENT ASSETS

Debtors

8,315

53,314

Cash at bank

81,002

119,642

89,317

172,956

CREDITORS

Amounts falling due within one year

28,387

89,783

NET CURRENT ASSETS

60,930

83,173

TOTAL ASSETS LESS CURRENT LIABILITIES

66,279

89,198

PROVISIONS FOR LIABILITIES

507

601

NET ASSETS

65,772

88,597

CAPITAL AND RESERVES

Called up share capital

6

20

20

Retained earnings

65,752

88,577

SHAREHOLDERS' FUNDS

65,772

88,597

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 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 Income Statement and an abridged Balance Sheet for the year ended 31 January 2020 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 and authorised for issue on 19 June 2020 and were signed on its behalf by:

A F Blake - Director

1.	STATUTORY INFORMATION

257 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 2003, 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

-

15% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

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 4 (2019 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2019

and 31 January 2020

7,000

AMORTISATION

At 1 February 2019

and 31 January 2020

7,000

NET BOOK VALUE

At 31 January 2020

-

At 31 January 2019

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2019

67,153

Additions

1,337

At 31 January 2020

68,490

DEPRECIATION

At 1 February 2019

61,128

Charge for year

2,013

At 31 January 2020

63,141

NET BOOK VALUE

At 31 January 2020

5,349

At 31 January 2019

6,025

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.20

31.1.19

value:

£

£

18

Ordinary

£1

18

18

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

20

20