REGISTERED NUMBER: |
Financial Statements |
for the Period 13 February 2017 to 28 February 2018 |
for |
Sub H-ohm-e Limited |
REGISTERED NUMBER: |
Financial Statements |
for the Period 13 February 2017 to 28 February 2018 |
for |
Sub H-ohm-e Limited |
Sub H-ohm-e Limited (Registered number: 10616816) |
Contents of the Financial Statements |
for the Period 13 February 2017 to 28 February 2018 |
Page |
Company Information | 1 |
Chartered Certified Accountants' Report | 2 |
Balance Sheet | 3 |
Notes to the Financial Statements | 4 |
Sub H-ohm-e Limited |
Company Information |
for the Period 13 February 2017 to 28 February 2018 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Accounting and Tax Solutions |
Hillgate Place |
77 Middle Hillgate |
Stockport |
Cheshire |
SK1 3EH |
Chartered Certified Accountants' Report to the Director |
on the Unaudited Financial Statements of |
Sub H-ohm-e Limited |
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. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
the financial statements of Sub H-ohm-e Limited for the period ended 28 February 2018 which comprises the |
Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records |
and from information and explanations you have given us. |
This report is made solely to the Board of Directors of Sub H-ohm-e Limited, as a body, in accordance with |
the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial |
statements of Sub H-ohm-e Limited and state those matters that we have agreed to state to the Board of |
Directors of Sub H-ohm-e Limited, as a body, and for no other purpose. To the fullest extent permitted by law, |
we do not accept or assume responsibility to anyone other than the company and the Board of Directors, as a |
body, for our work or for this report. |
It is your duty to ensure that Sub H-ohm-e Limited has kept adequate accounting records and to prepare |
statutory financial statements that give a true and fair view of the assets, liabilities, financial position of profit |
or loss of Sub H-ohm-e Limited. You consider that Sub H-ohm-e Limited is exempt from the statutory audit |
requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Sub H-ohm-e |
Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or |
information and explanations you have given us and we do not, therefore, express any opinion on the |
statutory financial statements. |
Accounting and Tax Solutions |
Hillgate Place |
77 Middle Hillgate |
Stockport |
Cheshire |
SK1 3EH |
Sub H-ohm-e Limited (Registered number: 10616816) |
Balance Sheet |
28 February 2018 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
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 Profit and Loss Account and Retained Earnings has not been delivered. |
The financial statements were approved by the director on |
Sub H-ohm-e Limited (Registered number: 10616816) |
Notes to the Financial Statements |
for the Period 13 February 2017 to 28 February 2018 |
1. | STATUTORY INFORMATION |
Sub H-ohm-e Limited is a |
company's registered number and registered office address can be found on the Company Information |
page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
In the application of the company's accounting policies, the directors are required to make judgements, |
estimates and assumptions about the carrying amount of assets and liabilities that are not readily |
apparent from other sources. The estimates and associated assumptions are based on historical |
experience and other factors that are considered to be relevant. Actual results may differ from these |
estimates. |
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting |
estimates are recognised in the period in which the estimate is revised where the revision affects only |
that period, or in the period of the revision and future periods where the revision affects both current |
and future periods. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
rebates, value added tax and other sales taxes. |
Goodwill |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income |
Statement, except to the extent that it relates to items recognised in other comprehensive income or |
directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
enacted or substantively enacted by the balance sheet date. |
Going concern |
The financial statements have been prepared on a going concern basis. This may not be appropriate |
because the company's liabilities exceed its assets. |
It is the opinion of the directors that this basis is correct in that they expect the company to commence |
trading profitably in the coming year thus making it solvent. The company also has adequate financial |
backing from its creditors the largest of which are the directors who are owed £13,896 in total. |
Sub H-ohm-e Limited (Registered number: 10616816) |
Notes to the Financial Statements - continued |
for the Period 13 February 2017 to 28 February 2018 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
Additions |
At 28 February 2018 |
AMORTISATION |
Amortisation for period |
At 28 February 2018 |
NET BOOK VALUE |
At 28 February 2018 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |