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REGISTERED NUMBER: 08578853 (England and Wales)










Financial Statements

for the Year Ended 30 September 2021

for

LONDON SKIP HOLDINGS LIMITED

LONDON SKIP HOLDINGS LIMITED (REGISTERED NUMBER: 08578853)






Contents of the Financial Statements
for the Year Ended 30 September 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LONDON SKIP HOLDINGS LIMITED

Company Information
for the Year Ended 30 September 2021







DIRECTOR: L Webber





REGISTERED OFFICE: 1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG





REGISTERED NUMBER: 08578853 (England and Wales)





ACCOUNTANTS: Maths Partnership
1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG

LONDON SKIP HOLDINGS LIMITED (REGISTERED NUMBER: 08578853)

Balance Sheet
30 September 2021

30.9.21 30.9.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,310 71,079
Investments 5 2 2
53,312 71,081

CURRENT ASSETS
Debtors 6 186 -
Cash at bank 94,764 99,376
94,950 99,376
CREDITORS
Amounts falling due within one year 7 69,189 42,452
NET CURRENT ASSETS 25,761 56,924
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,073

128,005

PROVISIONS FOR LIABILITIES 10,018 13,370
NET ASSETS 69,055 114,635

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 69,053 114,633
SHAREHOLDERS' FUNDS 69,055 114,635

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

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.

LONDON SKIP HOLDINGS LIMITED (REGISTERED NUMBER: 08578853)

Balance Sheet - continued
30 September 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 August 2022 and were signed by:





L Webber - Director


LONDON SKIP HOLDINGS LIMITED (REGISTERED NUMBER: 08578853)

Notes to the Financial Statements
for the Year Ended 30 September 2021

1. STATUTORY INFORMATION

London Skip Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

LONDON SKIP HOLDINGS LIMITED (REGISTERED NUMBER: 08578853)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2020
and 30 September 2021 96,971 79,968 176,939
DEPRECIATION
At 1 October 2020 74,306 31,554 105,860
Charge for year 5,666 12,103 17,769
At 30 September 2021 79,972 43,657 123,629
NET BOOK VALUE
At 30 September 2021 16,999 36,311 53,310
At 30 September 2020 22,665 48,414 71,079

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2020
and 30 September 2021 2
NET BOOK VALUE
At 30 September 2021 2
At 30 September 2020 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.21 30.9.20
£    £   
Other debtors 186 -

All debtors less than one year are payable within one year and therefore have not been discounted.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.21 30.9.20
£    £   
Amounts owed to group undertakings 69,119 35,394
Taxation and social security - 6,950
Other creditors 70 108
69,189 42,452

All creditors less than one year are payable within one year and therefore have not been discounted.

LONDON SKIP HOLDINGS LIMITED (REGISTERED NUMBER: 08578853)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.9.21 30.9.20
value: £    £   
2 Ordinary £1 2 2