Susho Limited - Limited company accounts 18.2

REGISTERED NUMBER: 02121320 (England and Wales)

Report of the Director and

Unaudited Financial Statements

for the Year Ended 30 April 2018

for

Susho Limited

Page

Company Information

1

Report of the Director

2

Chartered Certified Accountants' Report

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

6

DIRECTOR:

N Shott

REGISTERED OFFICE:

Radclyffe House

66/68 Hagley Road

Birmingham

United Kingdom

B16 8PF

REGISTERED NUMBER:

02121320 (England and Wales)

ACCOUNTANTS:

Mallett Jones

Radclyffe House

66/68 Hagley Road

Edgbaston

Birmingham

West Midlands

The director presents his report with the financial statements of the company for the year ended 30 April 2018.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of providing market research and consultancy

services. The company has not traded during the year.

DIRECTOR

N Shott held office during the whole of the period from 1 May 2017 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to

small companies.

ON BEHALF OF THE BOARD:

N Shott - Director

16 November 2018

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Susho Limited for the year ended 30 April 2018 which comprise the Income Statement, Balance

Sheet and the related notes from the company's accounting records and from information and explanations you have

given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Susho Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Susho Limited and state those matters that we have agreed to state to the director of Susho Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Susho Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Susho Limited. You consider that Susho Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Susho Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mallett Jones

Radclyffe House

66/68 Hagley Road

Edgbaston

Birmingham

West Midlands

16 November 2018

TURNOVER

-

Administrative expenses

559

500

OPERATING LOSS

(559

)

(500

)

Interest receivable and similar income

33

288

LOSS BEFORE TAXATION

(526

)

(212

)

Tax on loss

6

57

LOSS FOR THE FINANCIAL YEAR

(532

)

(269

)

CURRENT ASSETS

Cash at bank

39,140

46,724

CREDITORS

Amounts falling due within one year

4

8,352

9,904

NET CURRENT ASSETS

30,788

36,820

TOTAL ASSETS LESS CURRENT LIABILITIES

30,788

36,820

CAPITAL AND RESERVES

Called up share capital

5

100

Retained earnings

30,688

36,720

SHAREHOLDERS' FUNDS

30,788

36,820

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 November 2018 and were signed by:

N Shott - Director

1.	STATUTORY INFORMATION

Susho 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

Taxation and social security

6

57

Other creditors

8,346

9,847

8,352

9,904

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.18

30.4.17

value:

£

100

Ordinary

£1

100

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £5,500 (2017 - £7,000) were paid to the director .

7.	ULTIMATE CONTROLLING PARTY

The controlling party is N Shott.