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Financial Statements for the Year Ended 31 October 2019 |
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2 Sum It Up Ltd |
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REGISTERED NUMBER:
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Financial Statements for the Year Ended 31 October 2019 |
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for |
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2 Sum It Up Ltd |
2 Sum It Up Ltd (Registered number: 10433925) |
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Contents of the Financial Statements |
for the Year Ended 31 October 2019 |
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Company Information | 1 |
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Chartered Accountants' Report | 2 |
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Balance Sheet | 3 |
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Notes to the Financial Statements | 5 |
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2 Sum It Up Ltd |
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Company Information |
for the Year Ended 31 October 2019 |
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DIRECTOR: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Matthew Squire (AFA) & Company |
32 The Tything |
Worcester |
Worcestershire |
WR1 1JL |
Chartered Accountants' Report to the Director |
on the Unaudited Financial Statements of |
2 Sum It Up Ltd |
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The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a |
Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
Report of the Director are not required to be filed with the Registrar of Companies. |
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial |
statements of 2 Sum It Up Ltd for the year ended 31 October 2019 which comprise the Income Statement, Balance Sheet and |
the related notes from the company's accounting records and from information and explanations you have given us. |
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As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
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This report is made solely to the director of 2 Sum It Up Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 2 Sum It Up Ltd and state those matters that we have agreed to state to the director of 2 Sum It Up Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 2 Sum It Up Ltd and its director for our work or for this report. |
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It is your duty to ensure that 2 Sum It Up Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 2 Sum It Up Ltd. You consider that 2 Sum It Up Ltd is exempt from the statutory audit requirement for the year. |
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We have not been instructed to carry out an audit or a review of the financial statements of 2 Sum It Up Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
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Matthew Squire (AFA) & Company |
32 The Tything |
Worcester |
Worcestershire |
WR1 1JL |
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2 Sum It Up Ltd (Registered number: 10433925) |
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Balance Sheet |
31 October 2019 |
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31.10.19 | 31.10.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
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CURRENT ASSETS |
Debtors | 5 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 6 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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PROVISIONS FOR LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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The director acknowledges her responsibilities for: |
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ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act
2006 and |
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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. |
2 Sum It Up Ltd (Registered number: 10433925) |
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Balance Sheet - continued |
31 October 2019 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the director on
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2 Sum It Up Ltd (Registered number: 10433925) |
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Notes to the Financial Statements |
for the Year Ended 31 October 2019 |
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1. | STATUTORY INFORMATION |
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2 Sum It Up Ltd is a
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number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value |
added tax and other sales taxes. |
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Tangible fixed assets |
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Fixtures and fittings | - |
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Computer equipment | - |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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4. | PROPERTY, PLANT AND EQUIPMENT |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 November 2018 |
and 31 October 2019 |
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DEPRECIATION |
At 1 November 2018 |
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Charge for year |
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At 31 October 2019 |
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NET BOOK VALUE |
At 31 October 2019 |
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At 31 October 2018 |
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2 Sum It Up Ltd (Registered number: 10433925) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 October 2019 |
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5. | DEBTORS |
31.10.19 | 31.10.18 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
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Other debtors |
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Prepayments and accrued income |
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Amounts falling due after more than one year: |
Other debtors |
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Aggregate amounts |
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6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.19 | 31.10.18 |
£ | £ |
Tax |
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VAT |
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Other creditors |
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Accrued expenses |
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