Company Registration No. 08360482 (England and Wales)
LOVE LANGUAGE LTD
Unaudited accounts
for the year ended 31 December 2017
LOVE LANGUAGE LTD
Unaudited accounts
Contents
LOVE LANGUAGE LTD
Company Information
for the year ended 31 December 2017
Directors
Naomi Bottrill
Rezene Woldeyesus
Company Number
08360482 (England and Wales)
Registered Office
86 - 90
PAUL STREET
LONDON
EC2A 4NE
Accountants
Alexander Rosse Limited
153 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
LOVE LANGUAGE LTD
Statement of financial position
as at 31 December 2017
Tangible assets
8,912
5,286
Cash at bank and in hand
126,962
146,691
Creditors: amounts falling due within one year
(35,377)
(98,937)
Net current assets
226,520
213,808
Total assets less current liabilities
235,432
224,094
Creditors: amounts falling due after more than one year
-
(5,281)
Net assets
235,432
218,813
Called up share capital
100
100
Profit and loss account
235,332
218,713
Shareholders' funds
235,432
218,813
For the year ending 31 December 2017 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 30 October 2018.
Naomi Bottrill
Director
Company Registration No. 08360482
LOVE LANGUAGE LTD
Notes to the Accounts
for the year ended 31 December 2017
LOVE LANGUAGE LTD is a private company, limited by shares, registered in England and Wales, registration number 08360482. The registered office is 86 - 90, PAUL STREET, LONDON, EC2A 4NE.
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:
Plant & machinery
33% Reducing balance
Fixtures & fittings
33% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 31 December 2017
25,000
At 31 December 2017
25,000
LOVE LANGUAGE LTD
Notes to the Accounts
for the year ended 31 December 2017
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2017
6,741
4,834
11,575
Additions
3,106
2,998
6,104
At 31 December 2017
9,847
7,832
17,679
At 1 January 2017
4,074
2,215
6,289
Charge for the year
1,172
1,306
2,478
At 31 December 2017
5,246
3,521
8,767
At 31 December 2017
4,601
4,311
8,912
At 31 December 2016
2,667
2,619
5,286
Trade debtors
124,204
165,851
Accrued income and prepayments
-
203
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
2,341
4,499
Taxes and social security
49,732
93,669
Other creditors
52,266
4,719
Loans from directors
(68,962)
(5,950)
8
Creditors: amounts falling due after more than one year
2017
2016
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
loan account balance
5,950
81,910
54,840
33,020
loan account balance
-
35,944
-
35,944
5,950
117,854
54,840
68,964
LOVE LANGUAGE LTD
Notes to the Accounts
for the year ended 31 December 2017
10
Average number of employees
During the year the average number of employees was 7 (2016: 5).