IRIS Accounts Production v22.1.4.3 01215776 Board of Directors 1.1.21 31.12.21 31.12.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure012157762020-12-31012157762021-12-31012157762021-01-012021-12-31012157762019-12-31012157762020-01-012020-12-31012157762020-12-3101215776ns16:EnglandWales2021-01-012021-12-3101215776ns15:PoundSterling2021-01-012021-12-3101215776ns11:Director12021-01-012021-12-3101215776ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3101215776ns11:SmallEntities2021-01-012021-12-3101215776ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3101215776ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3101215776ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3101215776ns11:FullAccounts2021-01-012021-12-3101215776ns11:Director22021-01-012021-12-3101215776ns11:Director32021-01-012021-12-3101215776ns11:CompanySecretary12021-01-012021-12-3101215776ns11:RegisteredOffice2021-01-012021-12-3101215776ns6:CurrentFinancialInstruments2021-12-3101215776ns6:CurrentFinancialInstruments2020-12-3101215776ns6:Non-currentFinancialInstruments2021-12-3101215776ns6:Non-currentFinancialInstruments2020-12-3101215776ns6:ShareCapital2021-12-3101215776ns6:ShareCapital2020-12-3101215776ns6:RetainedEarningsAccumulatedLosses2021-12-3101215776ns6:RetainedEarningsAccumulatedLosses2020-12-3101215776ns6:PlantMachinery2021-01-012021-12-3101215776ns6:FurnitureFittings2021-01-012021-12-3101215776ns6:MotorVehicles2021-01-012021-12-3101215776ns6:ComputerEquipment2021-01-012021-12-3101215776ns6:PlantMachinery2020-12-3101215776ns6:FurnitureFittings2020-12-3101215776ns6:MotorVehicles2020-12-3101215776ns6:ComputerEquipment2020-12-3101215776ns6:PlantMachinery2021-12-3101215776ns6:FurnitureFittings2021-12-3101215776ns6:MotorVehicles2021-12-3101215776ns6:ComputerEquipment2021-12-3101215776ns6:PlantMachinery2020-12-3101215776ns6:FurnitureFittings2020-12-3101215776ns6:MotorVehicles2020-12-3101215776ns6:ComputerEquipment2020-12-3101215776ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3101215776ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-31
REGISTERED NUMBER: 01215776 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

ANGLIA INTERIORS LIMITED

ANGLIA INTERIORS LIMITED (REGISTERED NUMBER: 01215776)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2021










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ANGLIA INTERIORS LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2021







DIRECTORS: P L J Bird
A P J Bird
A Bird





SECRETARY: P L J Bird





REGISTERED OFFICE: Anglia House 13 Stonehill
Stukeley Meadows Ind Estate
Huntingdon
Cambridgeshire
PE29 6ED





REGISTERED NUMBER: 01215776 (England and Wales)





ACCOUNTANTS: Fortus Business Advisors & Accountants
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

ANGLIA INTERIORS LIMITED (REGISTERED NUMBER: 01215776)

STATEMENT OF FINANCIAL POSITION
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 96,932 119,013

CURRENT ASSETS
Stocks 5 17,929 17,929
Debtors 6 125,062 80,722
Cash at bank and in hand 131,958 346,126
274,949 444,777
CREDITORS
Amounts falling due within one year 7 186,358 317,250
NET CURRENT ASSETS 88,591 127,527
TOTAL ASSETS LESS CURRENT LIABILITIES 185,523 246,540

CREDITORS
Amounts falling due after more than one
year

8

(63,258

)

(95,610

)

PROVISIONS FOR LIABILITIES (8,082 ) (8,920 )
NET ASSETS 114,183 142,010

CAPITAL AND RESERVES
Called up share capital 1,004 1,004
Retained earnings 113,179 141,006
SHAREHOLDERS' FUNDS 114,183 142,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ANGLIA INTERIORS LIMITED (REGISTERED NUMBER: 01215776)

STATEMENT OF FINANCIAL POSITION - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2022 and were signed on its behalf by:





A Bird - Director


ANGLIA INTERIORS LIMITED (REGISTERED NUMBER: 01215776)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2021


1. STATUTORY INFORMATION

Anglia Interiors 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events
that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by
management in the process of applying the entity's accounting policies and preparing these
financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will
rarely equal the related actual outcome. There have been no key assumptions or other sources of
estimation uncertainty that have a significant risk of causing a material adjustment to the carrying
amounts of assets and liabilities within the next financial year.

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
Fixtures and fittings - 25% on reducing balance and 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Government grants
Government grants relating to the Coronavirus Job Retention Scheme are recognised in income in the period in which it becomes receivable under the performance model.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

ANGLIA INTERIORS LIMITED (REGISTERED NUMBER: 01215776)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2021


2. ACCOUNTING POLICIES - continued

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and
financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments
measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as
a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and
are measured at amortised cost. Taxation and social security and not included in the financial
instruments disclosure definition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2020 - 9 ) .

ANGLIA INTERIORS LIMITED (REGISTERED NUMBER: 01215776)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2021


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2021 10,361 164,618 172,699 9,086 356,764
Additions 7,200 950 6,000 2,663 16,813
Disposals - - (18,346 ) - (18,346 )
At 31 December 2021 17,561 165,568 160,353 11,749 355,231
DEPRECIATION
At 1 January 2021 9,239 107,381 112,568 8,563 237,751
Charge for year 1,181 14,303 12,683 407 28,574
Eliminated on disposal - - (8,026 ) - (8,026 )
At 31 December 2021 10,420 121,684 117,225 8,970 258,299
NET BOOK VALUE
At 31 December 2021 7,141 43,884 43,128 2,779 96,932
At 31 December 2020 1,122 57,237 60,131 523 119,013

5. STOCKS
2021 2020
£    £   
Stocks 16,132 16,132
Work-in-progress 1,797 1,797
17,929 17,929

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 7,563 5,007
Other debtors 101,805 60,000
Directors' current accounts 5,553 -
Prepayments and accrued income 10,141 15,715
125,062 80,722

ANGLIA INTERIORS LIMITED (REGISTERED NUMBER: 01215776)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2021


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 11,672 1,099
Hire purchase contracts 7,024 9,665
Trade creditors 71,578 183,609
Corporation tax 11,179 40,732
Social security and other taxes 487 10,539
Pension control 789 583
VAT 23,626 53,360
Directors' current accounts 1,272 1,552
Accruals and deferred income 58,731 16,111
186,358 317,250

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Bank loans 35,419 50,000
Hire purchase contracts 27,839 45,610
63,258 95,610

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company made advances of £5,553 (2020: £Nil). As at the balance sheet date, a company was owed by a director £5,553 (2020: £nil). This loan is unsecured, interest free and repayable on demand.