Company Registration No. 00937014 (England and Wales)
SOLPRO CHEMICAL COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019
PAGES FOR FILING WITH REGISTRAR
SOLPRO CHEMICAL COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
SOLPRO CHEMICAL COMPANY LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2019
31 December 2019
- 1 -
2019
2018
Notes
£
£
£
£
Current assets
Debtors
3
619,682
619,682
Cash at bank and in hand
551
551
620,233
620,233
Creditors: amounts falling due within one year
4
(409,739)
(409,739)
Net current assets
210,494
210,494
Capital and reserves
Called up share capital
5
25,000
25,000
Profit and loss reserves
185,494
185,494
Total equity
210,494
210,494
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 December 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 9 December 2020 and are signed on its behalf by:
J A Tear
Director
Company Registration No. 00937014
SOLPRO CHEMICAL COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019
- 2 -
1
Accounting policies
Company information
Solpro Chemical Company Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Royds Mills, Windsor Street, Sheffield, S4 7WB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
2
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2019 and 31 December 2019
52,726
Depreciation and impairment
At 1 January 2019 and 31 December 2019
52,726
Carrying amount
At 31 December 2019
-
At 31 December 2018
-
3
Debtors
2019
2018
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
619,682
619,682
4
Creditors: amounts falling due within one year
2019
2018
£
£
Amounts owed to group undertakings
409,739
409,739
SOLPRO CHEMICAL COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2019
- 3 -
5
Called up share capital
2019
2018
£
£
Ordinary share capital
Issued and fully paid
25,000 Ordinary shares of £1 each
25,000
25,000
6
Parent company
The company's immediate and ultimate parent undertaking is Solpro Manufacturing Limited, a company incorporated in England and Wales. Copies of its group accounts, which include the company and its subsidiary undertakings are available from, Royds Mills, Windsor Street, Sheffield, S4 7WB.