The Screwtape Letters UK Limited
Unaudited Financial Statements
For Filing with Registrar
For the year ended 31 January 2020
Company Registration No. 08830055 (England and Wales)
The Screwtape Letters UK Limited
Company Information
Directors
G K Denison
M McLean
L F Menzies
Company number
08830055
Registered office
Charlotte Building
17 Gresse Street
London
W1T 1QL
Accountants
Moore Kingston Smith LLP
Charlotte Building
17 Gresse Street
London
W1T 1QL
Business address
c/o Lee Menzies Limited
First Floor
19 Garrick Street
London
WC2E 9AX
The Screwtape Letters UK Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
The Screwtape Letters UK Limited
Balance Sheet
As at 31 January 2020
Page 1
2020
2019
Notes
£
£
£
£
Current assets
Debtors
-
20
Cash at bank and in hand
6,852
15,286
6,852
15,306
Creditors: amounts falling due within one year
3
(19,139)
(20,059)
Net current liabilities
(12,287)
(4,753)
Capital and reserves
Called up share capital
4
1
1
Profit and loss reserves
(12,288)
(4,754)
Total equity
(12,287)
(4,753)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 January 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
T
he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
T
he members have 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 22 October 2020 and are signed on its behalf by:
L F Menzies
Director
Company Registration No. 08830055
The Screwtape Letters UK Limited
Notes to the Financial Statements
For the year ended 31 January 2020
Page 2
1
Accounting policies
Company information
The Screwtape Letters UK Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Charlotte Building, 17 Gresse Street, London, W1T 1QL.
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 financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest pound.
The financial statements have been prepared under the historical basis. The principal accounting policies adopted are set out below.
The company has taken the following exemptions under the small companies regime:
-
The requirements of Section 4 Statement of Financial Position paragraph 4.12(a)(iv).
-
The requirements of Section 7 Statement of Cash Flows and Section 3 Financial Statement Presentation paragraph 3.17(d).
-
The requirements of Section 11 paragraphs 11.39 to 11.48A and Section 12 paragraphs 12.26 to 12.29A.
1.2
Going concern
A
true
t the time of approving the financial statements
,
t
he directors have a reasonable expectation that the
company
has adequate resources to continue in operational existence for the foreseeable future. Thus
t
he directors continue to adopt the going concern basis of accounting in preparing the financial statements.
The directors have confirmed that they will provide sufficient funds to enable to company to meet its operational liabilities as they fall due for the foreseeable future, and for a period of not less than 12 months from the date of signing these financial statements.
1.3
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.
1.4
Financial instruments
The company has only basic financial instruments measured at amortised cost, with no financial
instruments classified as other, or basic instruments measured at fair value.
1.5
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 0 (2019 - 0
).
The Screwtape Letters UK Limited
Notes to the Financial Statements (Continued)
For the year ended 31 January 2020
2
Employees
(Continued)
Page 3
The directors receive no remuneration from the company.
3
Creditors: amounts falling due within one year
2020
2019
£
£
Other creditors
19,139
20,059
4
Called up share capital
2020
2019
£
£
Ordinary share capital
Issued and fully paid
1 Ordinary share of £1 each
1
1
1
1
5
Controlling party
The ultimate controlling party is L F Menzies, a director of the company, by virtue of his 100% shareholding in the company.
6
Directors' transactions
During the year the company made purchases of £3,000 (2019: £2,000) from Lee Menzies Ltd, a company incorporated in England and Wales under the control of director L F Menzies. There were no amounts outstanding at either the current or comparative year end.