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Company Registration No. 12335571 (England and Wales)
BTS PAVING LTD Unaudited accounts for the year ended 30 November 2021
BTS PAVING LTD Unaudited accounts Contents
Page
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BTS PAVING LTD Company Information for the year ended 30 November 2021
Director
Ioan FLORE
Company Number
12335571 (England and Wales)
Registered Office
27 OAKINGTON MANOR DRIVE WEMBLEY MIDDX HA9 6LU UNITED KINGDOM
Accountants
EMILIA ACCOUNTANCY LTD 58 STROUD CREDCENT LONDON UK SW15 3EJ
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BTS PAVING LTD Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
100,975 
68,047 
Current assets
Debtors
14,531 
73,999 
Cash at bank and in hand
143,241 
164,629 
157,772 
238,628 
Creditors: amounts falling due within one year
(115,338)
(208,099)
Net current assets
42,434 
30,529 
Total assets less current liabilities
143,409 
98,576 
Creditors: amounts falling due after more than one year
(86,434)
(16,590)
Net assets
56,975 
81,986 
Capital and reserves
Profit and loss account
56,975 
81,986 
Shareholders' funds
56,975 
81,986 
For the year ending 30 November 2021 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 17 May 2022 and were signed on its behalf by
Ioan FLORE Director Company Registration No. 12335571
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BTS PAVING LTD Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
BTS PAVING LTD is a private company, limited by shares, registered in England and Wales, registration number 12335571. The registered office is 27 OAKINGTON MANOR DRIVE, WEMBLEY, MIDDX, HA9 6LU, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
19250
Motor vehicles
50000
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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BTS PAVING LTD Notes to the Accounts for the year ended 30 November 2021
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2020
19,250 
50,000 
69,250 
Additions
- 
63,245 
63,245 
At 30 November 2021
19,250 
113,245 
132,495 
Depreciation
At 1 December 2020
1,203 
- 
1,203 
Charge for the year
4,813 
25,504 
30,317 
At 30 November 2021
6,016 
25,504 
31,520 
Net book value
At 30 November 2021
13,234 
87,741 
100,975 
At 30 November 2020
18,047 
50,000 
68,047 
2021 
2020 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
28,812 
- 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
14,531 
- 
Trade debtors
- 
73,999 
14,531 
73,999 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
- 
76,437 
Trade creditors
3,878 
93,255 
Taxes and social security
108,222 
205 
Loans from directors
(1,668)
38,202 
Accruals
4,906 
- 
115,338 
208,099 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
50,000 
- 
Obligations under finance leases and hire purchase contracts
28,812 
- 
Taxes and social security
7,622 
16,590 
86,434 
16,590 
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
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