Company Registration No. 10469887 (England and Wales)
99HOME LTD
Unaudited accounts
for the year ended 29 November 2020
99HOME LTD
Unaudited accounts
Contents
99HOME LTD
Company Information
for the year ended 29 November 2020
Directors
Vijayant Vashistha
Sachinkumar Gupta
Richard Luckman
Company Number
10469887 (England and Wales)
Registered Office
38A Court Parade
East Lane
Wembley
HA0 3HS
United Kingdom
Accountants
Taxacc Solutions Ltd
117A St. John's Hill
Sevenoaks
TN13 3PE
99HOME LTD
Statement of financial position
as at
29 November 2020
Intangible assets
35,830
15,350
Cash at bank and in hand
182,038
114,832
Creditors: amounts falling due within one year
(56,263)
(41,793)
Net current assets
173,987
125,220
Total assets less current liabilities
210,204
140,570
Creditors: amounts falling due after more than one year
(49,500)
-
Net assets
160,704
140,570
Called up share capital
103
103
Share premium
247,578
247,578
Profit and loss account
(86,977)
(107,111)
Shareholders' funds
160,704
140,570
For the year ending 29 November 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2021 and were signed on its behalf by
Vijayant Vashistha
Director
Company Registration No. 10469887
99HOME LTD
Notes to the Accounts
for the year ended 29 November 2020
99HOME LTD is a private company, limited by shares, registered in England and Wales, registration number 10469887. The registered office is 38A Court Parade, East Lane, Wembley, HA0 3HS, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value-added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Intangible fixed assets are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33% SLM
4
Intangible fixed assets
Other
At 30 November 2019
15,350
At 29 November 2020
35,830
At 29 November 2020
35,830
At 29 November 2019
15,350
99HOME LTD
Notes to the Accounts
for the year ended 29 November 2020
5
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
6
Debtors: amounts falling due within one year
2020
2019
Accrued income and prepayments
48,212
46,819
7
Creditors: amounts falling due within one year
2020
2019
Trade creditors
1,800
170
Taxes and social security
1,028
5,538
Other creditors
30,450
29,707
Loans from directors
4,817
4,833
8
Creditors: amounts falling due after more than one year
2020
2019
9
Transactions with related parties
At the year-end, the company owed £4,817 (2019: £4,833) to the related parties.
10
Average number of employees
During the year the average number of employees was 5 (2019: 3).