Leo Dearden Enterprises Ltd
Company Information
for the year ended 30 September 2020
Company Number
07364907 (England and Wales)
Registered Office
107 Goat Lane
Enfield
EN1 4UB
Accountants
Bloodwood Accounting Ltd
57 Green Lane
Tadworth
Surrey
KT20 6TJ
Leo Dearden Enterprises Ltd
Statement of financial position
as at
30 September 2020
Tangible assets
1,718
2,291
Cash at bank and in hand
1,511
3,821
Creditors: amounts falling due within one year
(3,738)
(3,049)
Net current (liabilities)/assets
(2,227)
772
Net (liabilities)/assets
(509)
3,063
Called up share capital
1
1
Profit and loss account
(510)
3,062
Shareholders' funds
(509)
3,063
For the year ending 30 September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 June 2021 and were signed on its behalf by
Leo Dawn
Director
Company Registration No. 07364907
Leo Dearden Enterprises Ltd
Notes to the Accounts
for the year ended 30 September 2020
Leo Dearden Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 07364907. The registered office is 107 Goat Lane, Enfield, EN1 4UB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2019
7,058
1,179
28,026
36,263
At 30 September 2020
7,058
1,179
28,026
36,263
At 1 October 2019
7,058
1,179
25,735
33,972
Charge for the year
-
-
573
573
At 30 September 2020
7,058
1,179
26,308
34,545
At 30 September 2020
-
-
1,718
1,718
At 30 September 2019
-
-
2,291
2,291
Leo Dearden Enterprises Ltd
Notes to the Accounts
for the year ended 30 September 2020
5
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
1,283
1,235
Taxes and social security
1,763
1,796
Loans from directors
692
18
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Current account - no interest, payable at call
18
14,100
13,426
692
7
Average number of employees
During the year the average number of employees was 0 (2019: 1).