Registered number |
05965322 |
DAMIAN HOARE LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD ENDED 31 JANUARY 2020 |
DAMIAN HOARE LTD | |||
CONTENTS | |||
Page | |||
Balance sheet | 1 | ||
Notes to the financial statements | 2 - 4 | ||
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Balance Sheet | |||||||
as at |
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Company Registration No. | 05965322 | ||||||
Notes | 2020 | 2018 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 3 | - |
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Current assets | |||||||
Stocks | - |
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Debtors | 4 | - |
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Cash at bank and in hand |
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- | |||||
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Creditors: amounts falling due within one year | 5 | ( |
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Net current assets |
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Net assets |
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Capital and reserves | |||||||
Called up share capital |
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Profit and loss account |
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Shareholder's funds |
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………………………………….. | |||||||
Damian Hoare | |||||||
Director | |||||||
Approved by the board on |
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NOTES TO THE FINANCIAL STATEMENTS | ||||||||
FOR THE PERIOD FROM 1 NOVEMBER 2018 TO 31 JANUARY 2020 | ||||||||
1 | Accounting policies | |||||||
Basis of preparation | ||||||||
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical convention. The principal accounting policies adopted are set out below. |
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Turnover | ||||||||
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Tangible fixed assets | ||||||||
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Fixtures, fittings and equipment | 20% straight line | |||||||
Financial instruments | ||||||||
Financial instruments are recognised in the company's balance sheet date when the company becomes party to the contractual provisions of the instruments. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective of impairments found, an impairment loss is recognised in profit and loss accounts. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
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Basic financial assets | ||||||||
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Cash and cash equivalents | ||||||||
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Basic financial liabilities | ||||||||
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Taxation | ||||||||
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Current tax | ||||||||
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Deferred tax | ||||||||
The carrying amount of deferred tax assets is reviewed at each reporting end date. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the assets is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities relate to taxes levied by the same tax authority. |
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2 | Employees | 2020 | 2018 | |||||
Number | Number | |||||||
Average number of persons employed by the company |
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3 | Tangible fixed assets | |||||||
Fixtures, fittings and equipment | ||||||||
£ | ||||||||
Cost | ||||||||
At 1 November 2018 |
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Disposals | ( |
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At 31 January 2020 | - | |||||||
Depreciation | ||||||||
At 1 November 2018 |
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Charge for the period |
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On disposals | ( |
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At 31 January 2020 | - | |||||||
Net book value | ||||||||
At 31 January 2020 | - | |||||||
At 31 October 2018 |
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4 | Debtors | 2020 | 2018 | |||||
£ | £ | |||||||
Director's current account | - | 7,904 | ||||||
5 | Creditors: amounts falling due within one year | 2020 | 2018 | |||||
£ | £ | |||||||
Bank loans and overdrafts | - |
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Corporation tax |
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Director's current account | 5,868 | - | ||||||
Other creditors |
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6 | Other information | |||||||
Damian Hoare Ltd is a private company limited by shares and incorporated in England and Wales. The registered office is: 37 Warren Street, London, W1T 6AD. |