Company Registration No. 11186690 (England and Wales)
Sweet Homes London Ltd
Unaudited accounts
for the year ended 29 February 2020
Sweet Homes London Ltd
Unaudited accounts
Contents
Sweet Homes London Ltd
Company Information
for the year ended 29 February 2020
Director
Ms Miriam Elizabeth Simpson
Company Number
11186690 (England and Wales)
Registered Office
Kemp House
152-160 City Road
London
EC1V 2NX
United Kingdom
Accountants
Silver Tree Accountancy
16 Upper Woburn Place
London
WC1H 0AF
Sweet Homes London Ltd
Statement of financial position
as at
29 February 2020
Tangible assets
2,444
1,230
Cash at bank and in hand
668
240
Creditors: amounts falling due within one year
(7,535)
(4,472)
Net current liabilities
(6,867)
(4,232)
Net liabilities
(4,423)
(3,002)
Called up share capital
1
1
Profit and loss account
(4,424)
(3,003)
Shareholders' funds
(4,423)
(3,002)
For the year ending 29 February 2020 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 26 February 2021 and were signed on its behalf by
Ms Miriam Elizabeth Simpson
Director
Company Registration No. 11186690
Sweet Homes London Ltd
Notes to the Accounts
for the year ended 29 February 2020
Sweet Homes London Ltd is a private company, limited by shares, registered in England and Wales, registration number 11186690. The registered office is Kemp House , 152-160 City Road, London, EC1V 2NX, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
18% Reducing Balance
Computer equipment
18% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2019
600
900
1,500
At 29 February 2020
2,350
900
3,250
At 1 March 2019
108
162
270
Charge for the year
374
162
536
At 29 February 2020
482
324
806
At 29 February 2020
1,868
576
2,444
At 28 February 2019
492
738
1,230
Sweet Homes London Ltd
Notes to the Accounts
for the year ended 29 February 2020
5
Creditors: amounts falling due within one year
2020
2019
Other creditors
1,600
800
Loans from directors
4,735
3,072
6
Share capital
2020
2019
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Transactions with related parties
The company is controlled by Ms Miriam Elizabeth Simpson. It is confirmed that the Director's Current Account is debited with personal transactions and credited with Director's Remuneration as well as Dividends.
8
Average number of employees
During the year the average number of employees was 1 (2019: 1).