Company Registration No. 07844645 (England and Wales)
Undisclosed Majority Ltd
Unaudited accounts
for the year ended 30 November 2017
Undisclosed Majority Ltd
Unaudited accounts
Contents
Undisclosed Majority Ltd
Company Information
for the year ended 30 November 2017
Directors
Aliona Strukova
Liudmila Buevich
Company Number
07844645 (England and Wales)
Registered Office
2nd Floor
13 John Prince's Street
London
W1G 0JR
Undisclosed Majority Ltd
Statement of financial position
as at
30 November 2017
Tangible assets
152,904
194,682
Cash at bank and in hand
892,659
687,211
Creditors: amounts falling due within one year
(185,833)
(477,895)
Net current assets
714,280
553,108
Total assets less current liabilities
867,316
749,731
Creditors: amounts falling due after more than one year
(275,613)
(322,737)
Net assets
591,703
426,994
Called up share capital
1
1
Profit and loss account
591,702
426,993
Shareholders' funds
591,703
426,994
For the year ending 30 November 2017 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 directors acknowledge their 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.
Approved by the Board on 28 August 2018.
Liudmila Buevich
Director
Company Registration No. 07844645
Undisclosed Majority Ltd
Notes to the Accounts
for the year ended 30 November 2017
Undisclosed Majority Ltd is a private company, limited by shares, registered in England and Wales, registration number 07844645. The registered office is 2nd Floor, 13 John Prince's Street, London, W1G 0JR.
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.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: 20%
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
At 1 December 2016
208,889
At 30 November 2017
208,889
At 1 December 2016
14,207
Charge for the year
41,778
At 30 November 2017
55,985
At 30 November 2017
152,904
At 30 November 2016
194,682
Undisclosed Majority Ltd
Notes to the Accounts
for the year ended 30 November 2017
5
Investments
Other investments
Valuation at 1 December 2016
1,941
Valuation at 30 November 2017
132
Other debtors
7,454
247,056
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
52,512
391,845
Taxes and social security
12,836
2,603
Other creditors
120,485
83,447
8
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
275,613
322,737
9
Share capital
2017
2016
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 0 (2016: 0).