| Directors | |
| Registered office | |
| Registered number | 11155744 |
| Accountant | H & M Ltd |
| The Four Columns | |
| Broughton Hall Business Park | |
| Skipton | |
| BD23 3AE |
| Notes |
|
| |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
|
| ||||||||
| |||||||||||
|
5 | ||||||||||
|
|||||||||||
| |||||||||||
|
6 |
|
|
||||||||
|
|
||||||||||
|
|||||||||||
|
|||||||||||
| |||||||||||
|
7 |
|
| ||||||||
|
| ||||||||||
|
|||||||||||
| |||||||||||
|
|||||||||||
|
|||||||||||
|
The financial statements were approved and authorised for issue by the Board of Directors on
Harrison, Matthew John
Director |
Company registration number 11155744
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.
Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
| ||||
|---|---|---|---|---|---|
| |||||
|
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.
Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.
Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.
Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Income Statement.
|
| ||||
|---|---|---|---|---|---|
|
| ||||
|
|||||
|
| ||||
|
| ||||
|
|||||
|
| ||||
|
| ||||
|
|||||
|
|||||
|
|
| ||||
|---|---|---|---|---|---|
|
| ||||
|
|||||
|
|||||
|
|||||
|
|
| ||||
|---|---|---|---|---|---|
|
| ||||
|
|||||
|
|||||
|
|||||
|
|
| ||||
|---|---|---|---|---|---|
|
| ||||
|
|||||
|