Seal Water Technology Ltd Filleted Accounts Cover |
Company No. 13088001 | |||||||||
Seal Water Technology Ltd Directors Report for filing with The Registrar |
The Directors present their report and the accounts for the period ended 31 December 2021. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the period were as follows: | |||||||||
M. Purvis | |||||||||
L. Smith | (Appointed 16 June 2021 and resigned 24 November 2021) | ||||||||
W. Smith | (Appointed 16 June 2021 and resigned 25 November 2021) | ||||||||
Signed on behalf of the board | |||||||||
M. Purvis | |||||||||
Director | |||||||||
06 September 2022 |
Seal Water Technology Ltd Balance Sheet for filing with The Registrar |
at | ||||||||||
Company No. | Notes | 2021 | ||||||||
£ | ||||||||||
Fixed assets | ||||||||||
Intangible assets | 4 | |||||||||
Current assets | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 6 | ( | ||||||||
Net current liabilities | ( | |||||||||
Total assets less current liabilities | ( | |||||||||
Net liabilities | ( | |||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 7 | ( | ||||||||
Total equity | ( | |||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 06 September 2022 | ||||||||||
And signed on its behalf by: | ||||||||||
M. Purvis | ||||||||||
Director | ||||||||||
06 September 2022 |
Seal Water Technology Ltd Notes to the Accounts for filing with The Registrar |
for the period ended 31 December 2021 | ||||||||||||||
1 | General information | |||||||||||||
Its registered number is: 13088001 | ||||||||||||||
Its registered office is: | ||||||||||||||
Going concern | ||||||||||||||
2 | Accounting policies | |||||||||||||
Intangible fixed assets | ||||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. | ||||||||||||||
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. | ||||||||||||||
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. | ||||||||||||||
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. | ||||||||||||||
Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
Foreign currencies | ||||||||||||||
3 | Employees | |||||||||||||
2021 | ||||||||||||||
Number | ||||||||||||||
The average monthly number of employees (including directors) during the period: | ||||||||||||||
4 | Intangible fixed assets | |||||||||||||
Patents and trade-marks | Total | |||||||||||||
£ | £ | |||||||||||||
Cost | ||||||||||||||
Additions | ||||||||||||||
At 31 December 2021 | ||||||||||||||
Amortisation and impairment | ||||||||||||||
Charge for the year | ||||||||||||||
At 31 December 2021 | ||||||||||||||
Net book values | ||||||||||||||
At 31 December 2021 | ||||||||||||||
5 | Debtors | |||||||||||||
2021 | ||||||||||||||
£ | ||||||||||||||
Other debtors | ||||||||||||||
Prepayments and accrued income | ||||||||||||||
6 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2021 | ||||||||||||||
£ | ||||||||||||||
Loans from directors | ||||||||||||||
Other creditors | ||||||||||||||
Accruals and deferred income | ||||||||||||||
7 | Reserves | |||||||||||||