Company Registration No. 08352485 (England and Wales)
REPAIR AID LONDON LTD
Unaudited accounts
for the year ended 31 December 2018
REPAIR AID LONDON LTD
Unaudited accounts
Contents
REPAIR AID LONDON LTD
Company Information
for the year ended 31 December 2018
Director
Dobromir YANAKIEV
Company Number
08352485 (England and Wales)
Registered Office
KEMP HOUSE
152-160 CITY ROAD
LONDON
EC1V 2NX
REPAIR AID LONDON LTD
Statement of financial position
as at
31 December 2018
Tangible assets
13,506
8,069
Cash at bank and in hand
34,857
19,702
Creditors: amounts falling due within one year
(105,157)
(73,805)
Net current liabilities
(13,218)
(7,727)
Called up share capital
100
100
Profit and loss account
188
242
Shareholders' funds
288
342
For the year ending 31 December 2018 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.
Approved by the Board on 27 September 2019.
Dobromir YANAKIEV
Director
Company Registration No. 08352485
REPAIR AID LONDON LTD
Notes to the Accounts
for the year ended 31 December 2018
REPAIR AID LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 08352485. The registered office is KEMP HOUSE, 152-160 CITY ROAD, LONDON, EC1V 2NX.
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.
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:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2018
21,586
560
22,146
Additions
9,550
583
10,133
At 31 December 2018
31,136
1,143
32,279
At 1 January 2018
13,517
560
14,077
Charge for the year
4,405
291
4,696
At 31 December 2018
17,922
851
18,773
At 31 December 2018
13,214
292
13,506
At 31 December 2017
8,069
-
8,069
Trade debtors
54,332
43,626
Accrued income and prepayments
2,750
2,750
REPAIR AID LONDON LTD
Notes to the Accounts
for the year ended 31 December 2018
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
4,499
-
Trade creditors
12,274
5,622
Taxes and social security
16,707
12,318
Other creditors
71,677
55,865
7
Average number of employees
During the year the average number of employees was 8 (2017: 6).