42 PARTNERS LIMITED

Company Registration Number:
03021552 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2019

Period of accounts

Start date: 01 September 2018

End date: 31 August 2019

42 PARTNERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2019

Balance sheet
Notes

42 PARTNERS LIMITED

Balance sheet

As at 31 August 2019


Notes

2019

2018


£

£
Fixed assets
Tangible assets: 2 2,383 2,995
Total fixed assets: 2,383 2,995
Current assets
Debtors:   16,879 22,816
Cash at bank and in hand: 2,908 3,227
Total current assets: 19,787 26,043
Creditors: amounts falling due within one year:   (37,578) (36,031)
Net current assets (liabilities): (17,791) (9,988)
Total assets less current liabilities: (15,408) (6,993)
Total net assets (liabilities): (15,408) (6,993)
Capital and reserves
Called up share capital: 4 4
Profit and loss account: (15,412) (6,997)
Shareholders funds: (15,408) (6,993)

The notes form part of these financial statements

42 PARTNERS LIMITED

Balance sheet statements

For the year ending 31 August 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 March 2020
and signed on behalf of the board by:

Name: I TAYLOR
Status: Director

The notes form part of these financial statements

42 PARTNERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

42 PARTNERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2019

2. Tangible Assets

Total
Cost £
At 01 September 2018 75,179
Additions 181
At 31 August 2019 75,360
Depreciation
At 01 September 2018 72,184
Charge for year 793
At 31 August 2019 72,977
Net book value
At 31 August 2019 2,383
At 31 August 2018 2,995