| Directors | |
| Registered office | |
| Registered number | 07760397 |
| Accountant | Myers Accounting Services Ltd |
| Aros Y Wennol | |
| Llangolman | |
| Clynderwen | |
| Pembrokeshire | |
| SA66 7QL |
| Notes |
|
| |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
|
| ||||||||
| |||||||||||
|
4 | ||||||||||
| |||||||||||
|
|||||||||||
|
|||||||||||
| |||||||||||
|
|
|
|||||||||
|
|
||||||||||
|
|||||||||||
|
|||||||||||
|
|
| |||||||||
|
|||||||||||
| |||||||||||
|
|||||||||||
|
|||||||||||
|
The financial statements were approved and authorised for issue by the Board of Directors on
Myers, Christopher Ian
Director |
Company registration number 07760397
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
The financial statements are presented in sterling and this is the functional currency of the company.
The financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
The financial statements have been prepared under the historical cost convention in accordance with the Companies Act 2006.
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 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.
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences. Current and deferred tax assets and liabilities are not discounted.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is capitalised and has been amortised over its useful life of 3 years. Amortisation is included in 'administrative expenses' in the profit and loss account.
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
|
| ||||
|---|---|---|---|---|---|
| |||||
|
|||||
|
|||||
|
|
| ||||
|---|---|---|---|---|---|
|
| ||||
|
|||||
|
| ||||
|
| ||||
|
|||||
|
| ||||
|
| ||||
|
| ||||
|
|||||
|
|||||
|