Company Registration No. 11243894 (England and Wales)
GOPLANR LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 OCTOBER 2018
PAGES FOR FILING WITH REGISTRAR
26-32 Oxford Road
Bournemouth
United Kingdom
BH8 8EZ
GOPLANR LTD
CONTENTS
Page
Company information
1
Balance sheet
2
Notes to the financial statements
3 - 5
GOPLANR LTD
BALANCE SHEET
AS AT 31 OCTOBER 2018
31 October 2018
- 2 -
2018
Notes
£
£
Current assets
Debtors
2
1,000
Cash at bank and in hand
2,456
3,456
Creditors: amounts falling due within one year
3
(1,817)
Net current assets
1,639
Capital and reserves
Called up share capital
4
1,000
Profit and loss reserves
639
Total equity
1,639
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial period ended 31 October 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his 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 period 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 and signed by the director and authorised for issue on 14 May 2019
Mr. V Statovci
Director
Company Registration No. 11243894
The notes on pages 3 to 5 form part of these financial statements
GOPLANR LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2018
- 3 -
1
Accounting policies
Company information
Goplanr Ltd
(11243894)
is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
10 Storeys Gate, London, SW1P 3AY.
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.
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 cost convention. The principal accounting policies adopted are set out below.
1.2
Reporting period
These financial statements cover the period from incorporation dated 9 March 2018 to 31 October 2018. The company commenced trading on 17 May 2018.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business
, and
is shown net of VAT and other sales related taxes
.
The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.4
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.
1.5
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
1.6
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.
1.7
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
GOPLANR LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2018
1
Accounting policies
(Continued)
- 4 -
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The
company’s
liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Debtors
2018
Amounts falling due within one year:
£
Other debtors
1,000
3
Creditors: amounts falling due within one year
2018
£
Corporation tax
150
Other taxation and social security
167
Other creditors
1,500
1,817
4
Called up share capital
2018
£
Ordinary share capital
Issued
1,000 ordinary shares of £1 each
1,000
1,000
The shares were issued at par on incorporation on 9 March 2018.
GOPLANR LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2018
- 5 -
5
Related party transactions
During the period sales were made to a company under common control totalling £76,500. Of this £74,000 was in relating to costs recharged from third parties.
At the period end the company was due £1,000 from the director by way of his overdrawn directors loan account.