REGISTERED NUMBER: |
ISABELL LEWIS LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 31 JULY 2023 TO 31 JULY 2024 |
REGISTERED NUMBER: |
ISABELL LEWIS LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 31 JULY 2023 TO 31 JULY 2024 |
ISABELL LEWIS LIMITED (REGISTERED NUMBER: 15040100) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 31 JULY 2023 TO 31 JULY 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
ISABELL LEWIS LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 31 JULY 2023 TO 31 JULY 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
The Exchange |
5 Bank Street |
Bury |
Lancashire |
BL9 0DN |
ISABELL LEWIS LIMITED (REGISTERED NUMBER: 15040100) |
STATEMENT OF FINANCIAL POSITION |
31 JULY 2024 |
Notes | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The director acknowledges her 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. |
The financial statements were approved by the director and authorised for issue on |
ISABELL LEWIS LIMITED (REGISTERED NUMBER: 15040100) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 31 JULY 2023 TO 31 JULY 2024 |
1. | STATUTORY INFORMATION |
Isabell Lewis Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 15040100 and registered office address is The Exchange, 5 Bank Street, Bury, Lancashire, BL9 0DN. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
There are currently no significant judgements and estimates applied by the director which are considered key to the preparation of the financial statements. |
Revenue |
Revenue comprises the aggregate of the fair value of the sale of services provided, net of value-added tax, rebates and discounts. Revenue is recognised as follows:- |
Sale of services |
Service revenues are recognised as those services are provided to customers. |
Property, plant and equipment |
Plant and machinery etc | - |
The residual values, estimated useful lives and depreciation method of property, plant and equipment are reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision are recognised in the income statement when the change arises. |
Financial instruments |
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. |
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement. |
Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled. |
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 statement of financial position date. |
ISABELL LEWIS LIMITED (REGISTERED NUMBER: 15040100) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 31 JULY 2023 TO 31 JULY 2024 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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. |
Dividends |
Equity dividends are recognised when they become legally payable and are no longer at the discretion of the company. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | PROPERTY, PLANT AND EQUIPMENT |
Plant and |
machinery |
etc |
£ |
COST |
Additions |
At 31 July 2024 |
DEPRECIATION |
Charge for period |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Taxation and social security |
Other creditors |