Registered number: 06785499 | ||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
FOR THE YEAR ENDED 31 JANUARY 2019 | ||||||||
|
||||||||
Prepared By: | ||||||||
Lever Bros & Co | ||||||||
Chartered Accountants | ||||||||
The Station Masters' House | ||||||||
168 Thornbury Road | ||||||||
Osterley Village | ||||||||
Isleworth | ||||||||
TW7 4QE |
|
||||||||
Little Emperors & Co. Limited | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 JANUARY 2019 | ||||||||
DIRECTORS | ||||||||
|
||||||||
REGISTERED OFFICE | ||||||||
|
||||||||
|
||||||||
|
||||||||
London | ||||||||
|
||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 06785499 | ||||||||
ACCOUNTANTS | ||||||||
Lever Bros & Co | ||||||||
Chartered Accountants | ||||||||
The Station Masters' House | ||||||||
168 Thornbury Road | ||||||||
Osterley Village | ||||||||
Isleworth | ||||||||
TW7 4QE |
|
||||||||
Little Emperors & Co. Limited | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 JANUARY 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 | - |
|
||||||||
Little Emperors & Co. Limited | ||||||||
|
BALANCE SHEET AT
|
||||||||||
2019 | 2018 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
|
|
|||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 |
|
|
|||||||
Cash at bank and in hand |
|
|
||||||||
45,356 | 24,018 | |||||||||
CREDITORS: Amounts falling due within one year | 4 |
|
|
|||||||
NET CURRENT LIABILITIES |
(
|
(80,964) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
(
|
(
|
||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 |
|
|
|||||||
Share premium account | 7 |
|
|
|||||||
Profit and loss account | (226,881) | (242,719) | ||||||||
SHAREHOLDERS' FUNDS |
(
|
(
|
||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
Approved by the board on
|
||||||||||
............................. | ||||||||||
|
||||||||||
Director | ||||||||||
|
||||||||
Little Emperors & Co. Limited | ||||||||
|
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 JANUARY 2019 | ||||||||||
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. Going Concern | ||||||||
The accounts have been prepared on a going concern basis although at the balance sheet date the company has net liabilities of £55,551. | ||||||||
The directors consider the going concern basis to be appropriate because in their opinion the company will continue to obtain sufficient funding from the other creditors and the director on whom it is dependent to enable it to pay its debts as they fall due. | ||||||||
If the company was unable to obtain sufficient funding to enable it to pay debts as they fall due, it would be unable to continue trading and adjustments would have to be made to reduce the value of the assets to their realisable amount and to provide for any further liabilities which might arise. |
1c. Depreciation | ||||||||
|
||||||||
Plant and Machinery | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 25% |
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. Statutory Information | ||||||||
Little Emperors & Co. Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 06785499 and registered office address is 10 Cambridge Gate, Regent's Park, London, NW1 4JX. |
1f. Financial Instruments | ||||||||
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments. |
1g. Turnover | ||||||||
Turnover represents selling high value corporate discount cards, giving exclusive privileges at leading hotels and retail outlets to clients, net of value added tax and trade discounts and is recognised when services are rendered. |
|
||||||||
Little Emperors & Co. Limited | ||||||||
|
2. TANGIBLE FIXED ASSETS | ||||||
Plant and | Fixtures | |||||
Machinery | and Fittings | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 February 2018 | 10,367 | 15,337 | 25,704 | |||
Additions | 1,737 | 8,964 | 10,701 | |||
At 31 January 2019 | 12,104 | 24,301 | 36,405 | |||
Depreciation | ||||||
At 1 February 2018 | 9,275 | 6,854 | 16,129 | |||
For the year | 563 | 3,085 | 3,648 | |||
At 31 January 2019 | 9,838 | 9,939 | 19,777 | |||
Net Book Amounts | ||||||
At 31 January 2019 |
|
|
16,628 | |||
At 31 January 2018 |
|
|
9,575 | |||
|
||||||||
Little Emperors & Co. Limited | ||||||||
|
3. DEBTORS | 2019 | 2018 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 32,309 | - | ||||||
32,309 | - | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2019 | 2018 | |||||||
£ | £ | |||||||
Taxation and social security | 3,373 | 2,426 | ||||||
Salaries and wages control | 35 | - | ||||||
Directors current account | 13,217 | 18,601 | ||||||
Bank loans and overdrafts | 25,488 | 16,451 | ||||||
Trade creditors | - | 288 | ||||||
Other creditors | 65,000 | 65,000 | ||||||
Pension schemes | 199 | 93 | ||||||
Accruals | 10,223 | 2,123 | ||||||
117,535 | 104,982 | |||||||
5. EMPLOYEES | ||||||
2019 | 2018 | |||||
No. | No. | |||||
Average number of employees | 4 | 4 | ||||
6. SHARE CAPITAL | 2019 | 2018 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
|
1,400 | 1,400 | ||||||
1,400 | 1,400 | |||||||
7. SHARE PREMIUM ACCOUNT | 2019 | 2018 | ||||
£ | £ | |||||
Share premium account | 169,930 | 169,930 |