Company Registration No. 06066725 (England and Wales)
Purple Lizzy Totteridge Limited
Unaudited accounts
for the year ended 31 January 2022
Purple Lizzy Totteridge Limited
Unaudited accounts
Contents
Purple Lizzy Totteridge Limited
Company Information
for the year ended 31 January 2022
Director
Mrs Gaynor Townsend
Company Number
06066725 (England and Wales)
Registered Office
1378 High Road
Whetstone
London
N20 9BH
Purple Lizzy Totteridge Limited
Statement of financial position
as at
31 January 2022
Inventories
32,500
33,250
Cash at bank and in hand
-
4,048
Creditors: amounts falling due within one year
(17,122)
(15,662)
Net current assets
26,827
45,984
Total assets less current liabilities
26,827
45,984
Creditors: amounts falling due after more than one year
(45,179)
(45,000)
Net (liabilities)/assets
(18,352)
984
Called up share capital
1
1
Profit and loss account
(18,353)
983
Shareholders' funds
(18,352)
984
For the year ending 31 January 2022 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 her 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 27 October 2022 and were signed on its behalf by
Mrs Gaynor Townsend
Director
Company Registration No. 06066725
Purple Lizzy Totteridge Limited
Notes to the Accounts
for the year ended 31 January 2022
Purple Lizzy Totteridge Limited is a private company, limited by shares, registered in England and Wales, registration number 06066725. The registered office is 1378 High Road, Whetstone, London, N20 9BH.
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:
Fixtures & fittings
20% reducing balance
The company's financial statements are prepared on a going concern basis on the grounds that current and future sources of funding or support from the director will be continued to be received.
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.
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
At 1 February 2021
13,907
At 31 January 2022
13,907
At 1 February 2021
13,907
At 31 January 2022
13,907
Purple Lizzy Totteridge Limited
Notes to the Accounts
for the year ended 31 January 2022
Amounts falling due within one year
Other debtors
11,217
24,344
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
13,184
13,053
7
Creditors: amounts falling due after more than one year
2022
2021
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director
24,278
-
10,224
14,054
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).