Company Registration No. 08806662 (England and Wales)
THELMA AND CO LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
PAGES FOR FILING WITH REGISTRAR
THELMA AND CO LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2
THELMA AND CO LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2018
31 December 2018
- 1 -
2018
2017
Notes
£
£
£
£
Current assets
Debtors
2
10
10
Cash at bank and in hand
20,535
20,595
20,545
20,605
Creditors: amounts falling due within one year
3
(29,031)
(28,521)
Net current liabilities
(8,486)
(7,916)
Capital and reserves
Profit and loss reserves
(8,486)
(7,916)
The directors of the company have elected not to include a copy of the income statement within the financial statements.
true
For the financial year ended 31 December 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 20 June 2019 and are signed on its behalf by:
Mrs A Spencer
Director
Company Registration No. 08806662
THELMA AND CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
- 2 -
1
Accounting policies
Company information
Thelma and Co Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Humphrey & Co, 7-9 The Avenue, Eastbourne, East Sussex, BN21 3YA.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
1.2
Cash at bank and in hand
Cash at bank and in hand
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using effective interest method.
1.3
Equity instruments
2
Debtors
2018
2017
Amounts falling due within one year:
£
£
Other debtors
10
10
3
Creditors: amounts falling due within one year
2018
2017
£
£
Trade creditors
-
428
Other creditors
29,031
28,093
29,031
28,521