EDMUND RIEDL LTD - Filleted accounts

Registered number

11679000

EDMUND RIEDL LTD

Filleted Accounts

30 November 2019

EDMUND RIEDL LTD
Registered number:		11679000
Balance Sheet
as at 30 November 2019

Notes			2019
£
Fixed assets
Tangible assets	3		1,488

Current assets
Stocks		13,809
Debtors	4	82
Cash at bank and in hand		412
		14,303

Creditors: amounts falling due within one year	5	(18,539)

Net current liabilities			(4,236)

Net liabilities			(2,748)

Capital and reserves
Called up share capital			100
Profit and loss account			(2,848)

Shareholder's funds			(2,748)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Andrzej Zygmunt Riedl
Director
Approved by the board on 28 October 2020

EDMUND RIEDL LTD
Notes to the Accounts
for the period from 15 November 2018 to 30 November 2019


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Fixtures, fittings, tools and IT equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2019
Number

	Average number of persons employed by the company		1


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	Additions			1,860
	At 30 November 2019			1,860

	Depreciation
	Charge for the period			372
	At 30 November 2019			372

	Net book value
	At 30 November 2019			1,488


4	Debtors		2019
£

	Prepayments and accrued income		82


5	Creditors: amounts falling due within one year		2019
£

	Accruals and deferred income		960
	Other creditors		17,579
			18,539


6	Other information

	EDMUND RIEDL LTD is a private company limited by shares and incorporated in England. Its registered office is:
	9 Station Parade
	Uxbridge Road
	London
	W5 3LD