Company Registration No. 09488967 (England and Wales)
THE LONDON HERITAGE GIFTS LIMITED
Unaudited accounts
for the year ended 30 April 2018
THE LONDON HERITAGE GIFTS LIMITED
Unaudited accounts
Contents
THE LONDON HERITAGE GIFTS LIMITED
Company Information
for the year ended 30 April 2018
Directors
KABEER ABDULLA
ABDU RAHMAN ASHIF MOIDEEN KUNHI
Company Number
09488967 (England and Wales)
Registered Office
188a Ashville Road
London
E11 4DX
Accountants
BIZVIZ SOLUTIONS
Office 15
321-323 High Road
Chadwell Heath
RM6 6AX
THE LONDON HERITAGE GIFTS LIMITED
Statement of financial position
as at
30 April 2018
Tangible assets
57,765
70,445
Inventories
22,558
11,500
Cash at bank and in hand
5,501
13,565
Creditors: amounts falling due within one year
(20,424)
(1,931)
Net current assets
7,635
37,528
Total assets less current liabilities
65,400
107,973
Creditors: amounts falling due after more than one year
(104,533)
(108,534)
Net liabilities
(39,133)
(561)
Called up share capital
100
100
Profit and loss account
(39,233)
(661)
Shareholders' funds
(39,133)
(561)
For the year ending 30 April 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 directors acknowledge their 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 4 December 2018.
KABEER ABDULLA
Director
Company Registration No. 09488967
THE LONDON HERITAGE GIFTS LIMITED
Notes to the Accounts
for the year ended 30 April 2018
THE LONDON HERITAGE GIFTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09488967. The registered office is 188a Ashville Road, London, E11 4DX.
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:
Motor vehicles
18% Reducing Balance Method
Fixtures & fittings
18% Reducing Balance Method
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2017
1,400
86,013
87,413
At 30 April 2018
1,400
86,013
87,413
At 1 May 2017
459
16,509
16,968
Charge for the year
169
12,511
12,680
At 30 April 2018
628
29,020
29,648
At 30 April 2018
772
56,993
57,765
At 30 April 2017
941
69,504
70,445
Finished goods
22,558
11,500
THE LONDON HERITAGE GIFTS LIMITED
Notes to the Accounts
for the year ended 30 April 2018
7
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
3,608
1,931
Loans from directors
16,816
-
8
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
90,200
90,200
Other creditors include directors' loan of £90,200 made by Mr Kabeer Abdulla and Mr Abdu Rahman Ashif Moideen Kunhi as below,
Mr Kabeer Abdulla -£51,700.00
Mr Abdu Rahman Ashif Moideen Kunhi -£38,500.00
9
Average number of employees
During the year the average number of employees was 0 (2017: 4).