Company Registration No. 12782818 (England and Wales)
Potter Engineering Ltd
Unaudited accounts
for the year ended 31 July 2022
Potter Engineering Ltd
Unaudited accounts
Contents
Potter Engineering Ltd
Company Information
for the year ended 31 July 2022
Company Number
12782818 (England and Wales)
Registered Office
Unit 2D Castledown Business Park
Ludgershall
SP11 9FA
Accountants
Mrs Anna Sharlott
EP Services Limited T/A EP Tax
Unit 2D Castledown business
Ludgershall
Hampshire
SP11 9FA
Potter Engineering Ltd
Statement of financial position
as at 31 July 2022
Cash at bank and in hand
3,237
17,157
Creditors: amounts falling due within one year
(3,236)
2,027
Net current assets
1
18,876
Called up share capital
1
1
Profit and loss account
-
19,965
Shareholders' funds
1
19,966
For the year ending 31 July 2022 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 12 August 2022 and were signed on its behalf by
Simon Potter
Director
Company Registration No. 12782818
Potter Engineering Ltd
Notes to the Accounts
for the year ended 31 July 2022
Potter Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 12782818. The registered office is Unit 2D Castledown Business Park, Ludgershall, SP11 9FA.
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
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2021
270
1,050
1,320
Disposals
(270)
(1,050)
(1,320)
At 1 August 2021
11
219
230
Charge for the year
68
262
330
On disposals
(79)
(481)
(560)
At 31 July 2021
259
831
1,090
5
Debtors: amounts falling due within one year
2022
2021
Potter Engineering Ltd
Notes to the Accounts
for the year ended 31 July 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
(3,230)
(2,375)
Loans from directors
6,466
348
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).