Company Registration No. 11988455 (England and Wales)
Agency Leeds Ltd
Unaudited accounts
for the year ended 31 May 2021
Agency Leeds Ltd
Unaudited accounts
Contents
Agency Leeds Ltd
Company Information
for the year ended 31 May 2021
Company Number
11988455 (England and Wales)
Registered Office
University Business Centre
15 Queen Square
Leeds
West Yorkshire
LS2 8AJ
England
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Agency Leeds Ltd
Statement of financial position
as at
31 May 2021
Cash at bank and in hand
29,177
109
Creditors: amounts falling due within one year
(9,551)
(7,042)
Net current assets/(liabilities)
20,702
(6,238)
Total assets less current liabilities
31,458
(6,238)
Creditors: amounts falling due after more than one year
(46,250)
-
Net liabilities
(14,792)
(6,238)
Called up share capital
2
2
Profit and loss account
(14,794)
(6,240)
Shareholders' funds
(14,792)
(6,238)
For the year ending 31 May 2021 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 his 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 15 February 2022 and were signed on its behalf by
Mr J Earnshaw
Director
Company Registration No. 11988455
Agency Leeds Ltd
Notes to the Accounts
for the year ended 31 May 2021
Agency Leeds Ltd is a private company, limited by shares, registered in England and Wales, registration number 11988455. The registered office is University Business Centre, 15 Queen Square, Leeds, West Yorkshire, LS2 8AJ, 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.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The financial statements are prepared on a Going Concern Basis as the directors will continue to support the company.
Agency Leeds Ltd
Notes to the Accounts
for the year ended 31 May 2021
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Charge for the year
1,126
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
3,750
-
Taxes and social security
(1,518)
-
Loans from directors
7,319
6,272
7
Creditors: amounts falling due after more than one year
2021
2020
8
Share capital
2021
2020
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Transactions with related parties
Mr Earnshaw owns 100% of the share capital in Reblgreen Software Ltd, during the year Agency Leeds Ltd made sales of £895 to Reblgreen Software Ltd and received services totaling £970.
As at 31st May 2020 Agency Leeds Ltd owed Reblgreen Software Ltd £75.
10
Average number of employees
During the year the average number of employees was 1 (2020: 1).