for the Period Ended 31 December 2021
Company Information - 3 | |
Report of the Directors - 4 | |
Profit and Loss Account - 5 | |
Balance sheet - 6 | |
Additional notes - 8 | |
Balance sheet notes - 12 |
for the Period Ended 31 December 2021
Director: |
|
|
Registered office: |
GB-SCT |
|
Company Registration Number: |
|
|
The directors present their report with the financial statements of the company for the period ended 31 December 2021
Principal Activities
Political and charitable donations
Additional information
Statement of director's Responsibilities and Declaration on Unaudited Financial Statements General responsibilities The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to: -select suitable accounting policies and apply them consistently; -make judgements and accounting estimates that are reasonable and prudent; -prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Director's declaration on unaudited financial statements In relation to the financial statements comprising the Profit and Loss Account, the Balance Sheet, the Reconciliation of Shareholders' Funds and notes: The director approves these financial statements and confirms that he is responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the company will continue in business. The director confirms that he has made available to David M Breen & Co Ltd, (Chartered Accountants), all the company's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements. Post Balance Sheet events The UK government announced all trading restrictions that were placed on businesses over the period of the pandemic were no longer in effect and that normal pre-pandemic trading could resume. The directors are of the opinion that the company can return to full trading capacity as a result. There have been no significant events affecting the company since the financial year end. Future Developments The directors are not expecting to make any significant changes in the nature of the business in the near future. Special Provisions relating to small companies The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Directors
The directors shown below have held office during the whole of the period from 01 January 2021 to 31 December 2021
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 31 December 2021
Notes |
2021 £ |
2020 £ |
|
---|---|---|---|
Gross Profit or (Loss) |
(
|
(
|
|
Distribution Costs |
(
|
(
|
|
Administrative Expenses |
(
|
(
|
|
Operating Profit or (Loss) |
(
|
(
|
|
Profit or (Loss) Before Tax |
(
|
(
|
|
Tax on Profit | - |
|
|
Profit or (Loss) for Period |
(
|
(
|
The notes form part of these financial statements
As at
Notes |
2021 £ |
2020 £ |
|
---|---|---|---|
Fixed assets | |||
Intangible assets: | 4 |
|
|
Tangible assets: | 5 |
|
|
Total fixed assets: |
|
|
|
Current assets | |||
Debtors: |
|
|
|
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: |
( |
( |
|
Net current assets (liabilities): |
( |
|
|
Total assets less current liabilities: |
( |
|
|
Total net assets (liabilities): |
( |
|
The notes form part of these financial statements
As at 31 December 2021
Notes |
2021 £ |
2020 £ |
|
---|---|---|---|
Capital and reserves | |||
Called up share capital: |
|
|
|
Profit and loss account: |
( |
|
|
Shareholders funds: |
( |
|
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2021
Basis of measurement and preparation
Turnover policy
Turnover from the provision of services is recognised in the accouting period in which the services are rendered and the outcome for the contract can be measured reliably.
Tangible fixed assets depreciation policy
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
-Fixtures, fittings and equipment-20% Straight line.
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
Intangible fixed assets amortisation policy
Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 5 years.
for the Period Ended 31 December 2021
Other accounting policies
for the Period Ended 31 December 2021
2021 |
2020 |
|
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 31 December 2021
for the Period Ended 31 December 2021
Total | |
---|---|
Cost | £ |
At 01 January 2021 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 31 December 2021 |
|
Amortisation | |
Amortisation at 01 January 2021 |
|
Charge for year |
|
On disposals |
( |
Other adjustments |
|
Amortisation at 31 December 2021 |
|
Net book value | |
Net book value at 31 December 2021 |
|
Net book value at 31 December 2020 |
|
for the Period Ended 31 December 2021
Total | |
---|---|
Cost | £ |
At 01 January 2021 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 31 December 2021 |
|
Depreciation | |
At 01 January 2021 |
|
Charge for year |
|
On disposals |
( |
Other adjustments |
|
At 31 December 2021 |
|
Net book value | |
At 31 December 2021 |
|
At 31 December 2020 |
|
for the Period Ended 31 December 2021
The company had no material capital commitments at the financial year-ended 31 December 2021.
Contingent Liabilities
There are no contingent liabilities affecting the company at the year ended 31 December 2021.
for the Period Ended 31 December 2021
Name of related party: |
|
Description of relationship: | |
The above company is classed as connected due to having a common director and shareholder and being under common control. | |
Description of the transaction: | |
|
|
Balance at 01 January 2021 |
|
Balance at 31 December 2021 |
|
for the Period Ended 31 December 2021