REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Year Ended 31 December 2019 |
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for |
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ALLEN CARR'S EASYWAY (INTERNATIONAL) LTD |
REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Year Ended 31 December 2019 |
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for |
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ALLEN CARR'S EASYWAY (INTERNATIONAL) LTD |
ALLEN CARR'S EASYWAY (INTERNATIONAL) LTD (REGISTERED NUMBER: 02423347) |
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Contents of the Financial Statements |
for the year ended 31 December 2019 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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Chartered Accountants' Report | 6 |
ALLEN CARR'S EASYWAY (INTERNATIONAL) LTD |
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Company Information |
for the year ended 31 December 2019 |
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Directors: |
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Secretary: |
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Registered office: |
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Registered number: |
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Accountants: |
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Chartered Accountants |
Aissela |
46 High Street |
Esher |
Surrey |
KT10 9QY |
ALLEN CARR'S EASYWAY (INTERNATIONAL) LTD (REGISTERED NUMBER: 02423347) |
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Balance Sheet |
31 December 2019 |
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2019 | 2018 |
Notes | £ | £ |
Current assets |
Debtors | 7 |
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Cash at bank and in hand |
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Creditors |
Amounts falling due within one year | 8 |
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Net current assets |
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Total assets less current liabilities |
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Capital and reserves |
Called up share capital | 9 |
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Retained earnings |
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Shareholders' funds |
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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. |
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In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
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The financial statements were approved by the Board of Directors and authorised for issue on
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ALLEN CARR'S EASYWAY (INTERNATIONAL) LTD (REGISTERED NUMBER: 02423347) |
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Notes to the Financial Statements |
for the year ended 31 December 2019 |
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1. | Statutory information |
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Allen Carr's Easyway (International) Ltd is a
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The presentation currency of the financial statements is the Pound Sterling (£). |
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2. | Statement of compliance |
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3. | Accounting policies |
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Basis of preparing the financial statements |
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit and loss. |
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Judgements and key sources of estimation uncertainty |
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
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Revenue recognition |
The turnover shown in the profit and loss account represents fees and royalties receivable for services provided and goods sold during the year. |
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Amortisation |
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: |
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Goodwill - amortised over 20 years |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates. |
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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. |
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Tangible fixed assets |
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. |
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Financial instruments |
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest the assets of the company after deducting all of its liabilities. |
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Foreign currencies |
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains and losses being taken to the profit and loss account. |
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4. | Employees and directors |
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The average number of employees during the year was
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ALLEN CARR'S EASYWAY (INTERNATIONAL) LTD (REGISTERED NUMBER: 02423347) |
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Notes to the Financial Statements - continued |
for the year ended 31 December 2019 |
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5. | Intangible fixed assets |
Goodwill |
£ |
Cost |
At 1 January 2019 |
and 31 December 2019 |
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Amortisation |
At 1 January 2019 |
and 31 December 2019 |
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Net book value |
At 31 December 2019 |
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At 31 December 2018 |
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6. | Tangible fixed assets |
Fixtures |
and |
fittings |
£ |
Cost |
At 1 January 2019 |
and 31 December 2019 |
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Depreciation |
At 1 January 2019 |
and 31 December 2019 |
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Net book value |
At 31 December 2019 |
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At 31 December 2018 |
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7. | Debtors: amounts falling due within one year |
2019 | 2018 |
£ | £ |
Trade debtors |
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Other debtors |
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Tax |
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Prepayments |
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8. | Creditors: amounts falling due within one year |
2019 | 2018 |
£ | £ |
Trade creditors |
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Tax |
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Social security and other taxes |
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Other creditors |
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Directors' current accounts | 129 | 270 |
Accrued expenses |
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ALLEN CARR'S EASYWAY (INTERNATIONAL) LTD (REGISTERED NUMBER: 02423347) |
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Notes to the Financial Statements - continued |
for the year ended 31 December 2019 |
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9. | Called up share capital |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2019 | 2018 |
value: | £ | £ |
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Ordinary | £1 | 200,000 | 200,000 |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Allen Carr's Easyway (International) Ltd |
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The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Allen Carr's Easyway (International) Ltd for the year ended 31 December 2019 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
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As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
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This report is made solely to the Board of Directors of Allen Carr's Easyway (International) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Allen Carr's Easyway (International) Ltd and state those matters that we have agreed to state to the Board of Directors of Allen Carr's Easyway (International) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Allen Carr's Easyway (International) Ltd and its Board of Directors, as a body, for our work or for this report. |
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It is your duty to ensure that Allen Carr's Easyway (International) Ltd 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 profit of Allen Carr's Easyway (International) Ltd. You consider that Allen Carr's Easyway (International) Ltd is exempt from the statutory audit requirement for the year. |
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We have not been instructed to carry out an audit or a review of the financial statements of Allen Carr's Easyway (International) Ltd. 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. |
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Chartered Accountants |
Aissela |
46 High Street |
Esher |
Surrey |
KT10 9QY |
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