REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 30 November 2020 |
|
for |
|
H Rupasinghe Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 30 November 2020 |
|
for |
|
H Rupasinghe Limited |
H Rupasinghe Limited (Registered number: 08030254) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 30 November 2020 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
H Rupasinghe Limited |
|
Company Information |
for the Year Ended 30 November 2020 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Pinnacle House |
1 Pinnacle Way |
Derby |
Derbyshire |
DE24 8ZS |
H Rupasinghe Limited (Registered number: 08030254) |
|
Balance Sheet |
30 November 2020 |
|
2020 | 2019 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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 Statement of Income and Retained Earnings has not been delivered. |
|
The financial statements were approved by the director and authorised for issue on
|
|
|
|
|
|
|
|
H Rupasinghe Limited (Registered number: 08030254) |
|
Notes to the Financial Statements |
for the Year Ended 30 November 2020 |
|
1. | STATUTORY INFORMATION |
|
H Rupasinghe Limited is a
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover represents the company's share of the profits of the partnership Lloyds PR. |
|
Goodwill |
Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows: |
|
Goodwill - five years |
|
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 December 2019 |
and 30 November 2020 |
|
AMORTISATION |
At 1 December 2019 |
and 30 November 2020 |
|
NET BOOK VALUE |
At 30 November 2020 |
|
At 30 November 2019 |
|
|
Goodwill arose on the purchase of the company's share in Lloyds PR. |
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Due from Lloyds PR |
|
|
Other debtors | 1,425,263 | 1,394,263 |
Directors' current accounts | 262,000 | - |
|
|
H Rupasinghe Limited (Registered number: 08030254) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2020 |
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued |
|
Other than as stated under directors' current accounts above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly. |
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Tax |
|
|
Directors' current accounts | - | 307,247 |
Accruals and deferred income |
|
|
|
|
|
7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
|
The following advances and credits to a director subsisted during the years ended 30 November 2020 and 30 November 2019: |
|
2020 | 2019 |
£ | £ |
|
Balance outstanding at start of year |
|
|
Amounts advanced |
|
|
Amounts repaid | ( |
) |
|
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
|
|
|
Interest was charged on director's advances at a rate of 2.25% per annum. |
|
The outstanding balance was cleared within nine months of the year end. |
|
8. | RELATED PARTY DISCLOSURES |
|
The balance outstanding on interest free loans provided to companies with common directors amounted to £1,425,263 (2019 £1,394,263). |