Trade Building Plastics Limited
|
Registered Number
:
03984120
|
For the year ended 31 December 2021
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2021
Trade Building Plastics Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Trade Building Plastics Limited
Statement of Financial Position
2020
2021
Property
,
plant and equipment
|
83,553
96,667
2
83,553
96,667
174,519
211,375
3
Trade and other receivables
|
589,832
733,133
4
402,218
Cash and cash equivalents
|
353,952
1,298,460
1,166,569
Trade and other payables
:
amounts falling due within one
|
year
|
(463,225)
(417,222)
5
703,344
881,238
Net current assets
Total assets less current liabilities
|
964,791
800,011
(11,529)
(11,529)
Provisions for liabilities
|
953,262
Net assets
788,482
100
100
953,162
788,382
953,262
788,482
Shareholders' funds
For the year ended 31 December 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the
|
end of each financial year and of its profit or loss for each financial year in accordance with the requirements
|
of Section
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
|
relating to financial statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
1 of 5
For the year ended 31 December 2021
Trade Building Plastics Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 23 September 2022 and were signed by:
|
The notes form part of these financial statements
|
2 of 5
For the year ended 31 December 2021
Trade Building Plastics Limited
Notes to the Financial Statements
Statutory Information
Trade Building Plastics Limited is a private limited company
,
limited by shares
,
domiciled in England and
|
Wales
,
registration number
03984120
.
|
Angel House
Hardwick
Witney
Oxon
OX29 7QE
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and
|
the Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Showroom costs
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
3 of 5
For the year ended 31 December 2021
Trade Building Plastics Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
254,722
72,750
101,544
34,737
45,691
7,326
2,815
3,820
-
691
34,737
105,364
75,565
262,048
46,382
Provision for depreciation and impairment
|
158,055
25,672
82,183
20,641
29,559
Charge for year
20,440
4,991
6,544
4,699
4,206
178,495
30,663
88,727
25,340
33,765
12,617
9,397
16,637
44,902
83,553
16,132
14,096
19,361
47,078
96,667
2020
2021
211,375
174,519
4
.
Trade and other receivables
|
2020
2021
344,782
212,192
Amounts owed by group undertakings and participating interests
|
344,058
344,058
44,293
33,582
589,832
733,133
The debtors above include the following amounts falling due after more than one year
:
|
Amounts owed by group undertakings and participating interests
|
344,058
344,058
4 of 5
For the year ended 31 December 2021
Trade Building Plastics Limited
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
2,172
3,231
268,417
342,839
Taxation and social security
|
81,472
29,959
65,161
87,196
417,222
463,225
6
.
Average number of persons employed
|
During the year the average number of employees was 15 (2020 : 17)
5 of 5