33 Degrees Latitude Limited
|
Registered Number
:
04258454
|
For the year ended 31 July 2019
England and Wales
Unaudited Financial Statements
33 Degrees Latitude Limited
Statement of Financial Position
2018
2019
Property
,
plant and equipment
|
101,613
102,548
2
101,613
102,548
Trade and other receivables
|
8,517
6,525
3
1,843
Cash and cash equivalents
|
6,031
12,556
10,360
Trade and other payables
:
amounts falling due within one
|
year
|
(100,596)
(83,170)
4
(90,236)
(70,614)
Net current liabilities
Total assets less current liabilities
|
30,999
12,312
30,999
Net assets
12,312
2
2
30,997
12,310
30,999
12,312
Shareholders' funds
For the year ended 31 July 2019 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 of its financial statements for the year ended 31 July 2019 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 11 April 2020 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 July 2019
33 Degrees Latitude Limited
Notes to the Financial Statements
Statutory Information
33
Degrees Latitude Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
04258454
.
|
11 Houndean Rise
Lewes
East Sussex
BN7 1EQ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Land and buildings
Plant and machinery
No depreciation is provided on the company
''
s freehold properties since in the opinion of the directors the expected
|
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
|
would be immaterial
.
The directors undertake an annual impairment review of these properties
.
|
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
|
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For the year ended 31 July 2019
33 Degrees Latitude Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
141,911
44,364
97,547
420
420
-
97,547
44,784
142,331
Provision for depreciation and impairment
|
39,363
39,363
-
Charge for year
1,355
1,355
-
40,718
40,718
-
97,547
4,066
101,613
97,547
5,001
102,548
3
.
Trade and other receivables
|
2018
2019
6,525
7,971
-
546
8,517
6,525
4
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
-
143
Taxation and social security
|
6,466
4,142
76,704
96,311
83,170
100,596
5
.
Average number of persons employed
|
During the year the average number of employees was 2 (2018 : 2)
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