Company Registration No. 09053353 (England and Wales)
Le Suc Limited
Unaudited accounts
for the year ended 31 May 2020
Le Suc Limited
Unaudited accounts
Contents
Le Suc Limited
Company Information
for the year ended 31 May 2020
Director
Mrs Olesya Veselova
Secretary
Mrs Olesya Veselova
Company Number
09053353 (England and Wales)
Registered Office
61 GREAT CUMBERLAND PLACE
FLAT 3
LONDON
W1H 7LJ
ENGLAND
Accountants
Sterling & Beanland Limited
Fleet House
8-12 New Bridge Street
London
EC4V 6AL
Le Suc Limited
Statement of financial position
as at
31 May 2020
Intangible assets
-
2,631
Cash at bank and in hand
73,664
82,375
Creditors: amounts falling due within one year
(179,543)
(224,514)
Net current liabilities
(105,610)
(138,381)
Net liabilities
(105,610)
(90,750)
Called up share capital
100
100
Profit and loss account
(105,710)
(90,850)
Shareholders' funds
(105,610)
(90,750)
For the year ending 31 May 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 her 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 17 December 2020 and were signed on its behalf by
Mrs Olesya Veselova
Director
Company Registration No. 09053353
Le Suc Limited
Notes to the Accounts
for the year ended 31 May 2020
Le Suc Limited is a private company, limited by shares, registered in England and Wales, registration number 09053353. The registered office is 61 GREAT CUMBERLAND PLACE, FLAT 3, LONDON, W1H 7LJ, ENGLAND.
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 31 May 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2018.
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.
Intangible fixed asset is website. It is included at cost less accumulated amortisation.
Amortisation is provided so as to write off the cost, less any estimated residual value, over its useful life of three years from June 2017.
The accounts have been prepared on a going concern basis on the understanding that the director will continue to support the company for the foreseeable future.
Investment is stated at historical cost less provision for any diminution in value.
Le Suc Limited
Notes to the Accounts
for the year ended 31 May 2020
4
Intangible fixed assets
Other
Charge for the year
2,631
5
Investments
Other investments
Valuation at 1 June 2019
45,000
Valuation at 31 May 2020
-
The investment represents a 20% (1020 shares) of Fat Cat Accounting Ltd (formerly known as First Call Accounting Ltd) acquired on 4th December 2014. The shares have been sold in March 2020.
7
Creditors: amounts falling due within one year
2020
2019
Loans from directors
178,845
223,814
8
Share capital
2020
2019
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Le Suc Limited
Notes to the Accounts
for the year ended 31 May 2020
9
Transactions with related parties
Included within Other Creditors, an amount of £178,845 (2019: £223,815) was owed by the company to the director. This amount is interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 0 (2019: 0).