Registered number |
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Registered number: |
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Director's Report | |||||||
The director presents his report and accounts for the period ended |
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Principal activities | |||||||
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Directors | |||||||
The following persons served as directors during the period: | |||||||
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Small company provisions | |||||||
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. | |||||||
This report was approved by the board on |
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Mrs. Sohret Sebnem Ozilhan | |||||||
Director | |||||||
HOPE CREATIVITY & CONSULTANCY LTD | ||||
Accountants' Report | ||||
Accountants' report to the director of | ||||
HOPE CREATIVITY & CONSULTANCY LTD | ||||
You consider that the company is exempt from an audit for the period ended 30 September 2016. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period. | ||||
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. | ||||
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. | ||||
Atasan & Co. Ltd | ||||
Certified Practicing Accountants | ||||
149 Stoke Newington Road | ||||
Stoke Newington | ||||
LONDON | ||||
N16 8BP | ||||
19 October 2016 | ||||
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Profit and Loss Account | ||||||
for the period from 4 February 2016 to |
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Notes | 2016 | |||||
£ | ||||||
Turnover |
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Administrative expenses | ( |
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Operating profit |
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Profit on ordinary activities before taxation |
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Tax on profit on ordinary activities | 2 | ( |
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Profit for the period |
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Balance Sheet | |||||||
as at |
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Notes | 2016 | ||||||
£ | |||||||
Current assets | |||||||
Debtors | 3 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 4 | ( |
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Net current assets |
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Net assets |
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Capital and reserves | |||||||
Called up share capital | 5 |
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Profit and loss account | 6 |
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Shareholder's funds |
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Mrs. Sohret Sebnem Ozilhan | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the period from 4 February 2016 to |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
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Turnover | ||||||||
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Depreciation | ||||||||
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. | ||||||||
Plant and machinery |
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Motor vehicles |
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Stocks | ||||||||
Stock is valued at the lower of cost and net realisable value. | ||||||||
Deferred taxation | ||||||||
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. | ||||||||
Foreign currencies | ||||||||
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. | ||||||||
Leasing and hire purchase commitments | ||||||||
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term. |
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Pensions | ||||||||
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. | ||||||||
2 | Taxation | 2016 | ||||||
£ | ||||||||
UK corporation tax |
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3 | Debtors | 2016 | ||||||
£ | ||||||||
Trade debtors |
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4 | Creditors: amounts falling due within one year | 2016 | ||||||
£ | ||||||||
Trade creditors |
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Corporation tax |
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Other creditors |
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5 | Share capital | Nominal | 2016 | 2016 | ||||
value | Number | £ | ||||||
Allotted, called up and fully paid: | ||||||||
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£ |
- |
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Nominal | Number | Amount | ||||||
value | £ | |||||||
Shares issued during the period: | ||||||||
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£ |
- |
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6 | Profit and loss account | 2016 | ||||||
£ | ||||||||
Profit for the period |
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Dividends | ( |
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At 30 September 2016 |
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7 | Dividends | 2016 | ||||||
£ | ||||||||
Dividends for which the company became liable during the period: | ||||||||
Dividends not paid |
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Detailed profit and loss account | ||
for the period from 4 February 2016 to |
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2016 | ||
£ | ||
Sales |
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Administrative expenses | (5,737) | |
Operating profit |
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Profit before tax |
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Detailed profit and loss account | ||
for the period from 4 February 2016 to |
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2016 | ||
£ | ||
Sales | ||
Sales | 34,824 | |
Administrative expenses | ||
Employee costs: | ||
Director's salary |
3,000
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3,000 | ||
Premises costs: | ||
Rent |
684
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684 | ||
General administrative expenses: | ||
Subscriptions |
436
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Bank charges |
19
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Insurance |
118
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573 | ||
Legal and professional costs: | ||
Accountancy fees |
1,350
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Advertising and PR |
130
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1,480 | ||
5,737 | ||