Accounts filed on 31-12-2019


ACCOUNTS
FOR THE YEAR ENDED 31/12/2019





DIRECTORS
Michael Thomas McCarthy
Michelle Hall


REGISTERED OFFICE
The White House
164 Bridge Road
Southampton
SO31 7EH


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03134026



ACCOUNTANTS
Victor Stewart


ACCOUNTS
FOR THEYEARENDED31/12/2019



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 31/12/2019

			2019		2018
	Notes		£		£

FIXED ASSETS
Tangible assets	2		366		484

CURRENT ASSETS
Stock		10,980		11,244
Debtors	4	115,300		132,800
Cash at bank and in hand		98,259		35,902
		224,539		179,946
CREDITORS: Amounts falling due within one year	5	68,782		23,467
NET CURRENT ASSETS			155,757		156,479
TOTAL ASSETS LESS CURRENT LIABILITIES			156,123		156,963

CAPITAL AND RESERVES

Called up share capital	7		100		100
Profit and loss account			156,023		156,863
SHAREHOLDERS' FUNDS			156,123		156,963

For the year ending 31/12/2019 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 18/12/2020 and signed on their behalf by



.............................
Michael Thomas McCarthy
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.

Fixtures and Fittings		%


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. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.


1e. Turnover
Turnover represents the net value of goods and services supplied by the company.


4. DEBTORS	2019	2018
	£	£
Amounts falling due within one year
Other debtors	69,800	79,800
Amounts due from group companies	45,500	53,000
	115,300	132,800


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2019	2018
	£	£
UK corporation tax	12,145	9,906
VAT	9,057	-
Directors current account	35,435	6,066
Trade creditors	12,145	7,495
	68,782	23,467


7. SHARE CAPITAL	2019	2018
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £100 each	100	100
	100	100

New shares issued during period:
100 Ordinary shares of £100 each	100	100