|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 30 June 2018 |
|
for |
|
Mama K's Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 30 June 2018 |
|
for |
|
Mama K's Limited |
Mama K's Limited (Registered number: 07686152) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 30 June 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 3 |
|
Mama K's Limited |
|
Company Information |
for the Year Ended 30 June 2018 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
5 Technology Park |
Colindeep Lane |
Colindale |
London |
NW9 6BX |
Mama K's Limited (Registered number: 07686152) |
|
Statement of Financial Position |
30 June 2018 |
|
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
|
|
|
CURRENT ASSETS |
Stocks | 5 |
|
|
Debtors | 6 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The director acknowledges his 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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
|
Mama K's Limited (Registered number: 07686152) |
|
Notes to the Financial Statements |
for the Year Ended 30 June 2018 |
|
1. | STATUTORY INFORMATION |
|
Mama K's Limited is a
|
registered number and registered office address can be found on the Company Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
The financial statements have been prepared on a going concern basis as the director is of the belief that with his |
continued support, the company will continue to trade as a going concern, for at least twelve months from the |
balance sheet date. |
|
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. Turnover is recognised |
at the point of sale. |
|
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. |
|
|
|
Stocks |
Stocks are valued at the lower of cost and estimated selling price less costs to sell, based on weighted average |
cost, after making due allowance for obsolete and slow moving items. |
|
Financial instruments |
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
|
Creditors |
Short term creditors are measured at transaction price. |
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the statement of financial position date. |
|
Mama K's Limited (Registered number: 07686152) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2018 |
|
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
statement of financial position date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | INTANGIBLE FIXED ASSETS |
Trademark |
£ |
COST |
At 1 July 2017 |
and 30 June 2018 |
|
AMORTISATION |
At 1 July 2017 |
|
Amortisation for year |
|
At 30 June 2018 |
|
NET BOOK VALUE |
At 30 June 2018 |
|
At 30 June 2017 |
|
|
5. | STOCKS |
2018 | 2017 |
£ | £ |
Finished goods |
|
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade debtors |
|
|
Amounts owed by related companies |
|
|
Other debtors |
|
|
Prepayments and accrued income |
|
|
|
|
Mama K's Limited (Registered number: 07686152) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2018 |
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade creditors |
|
|
Amounts owed to related companies |
|
|
Corporation tax |
|
|
Social security & other taxes | 856 | 3,434 |
Other creditors |
|
|
Director's current account | 233 | - |
Accrued expenses |
|
|
|
|
|
8. | RELATED PARTY DISCLOSURES |
|
Amounts owed from a related company, relates to entities in which the director has a material interest or control. |
These amounts are interest free and repayable on demand. |