Glazeaid Limited
|
Notes to the Accounts |
for the year ended 30 April 2022
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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|
|
Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
|
|
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
2 |
Employees |
2022 |
|
2021 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 May 2021 |
4,188 |
|
11,350 |
|
15,538 |
|
At 30 April 2022 |
4,188 |
|
11,350 |
|
15,538 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2021 |
3,978 |
|
10,533 |
|
14,511 |
|
Charge for the year |
33 |
|
204 |
|
237 |
|
At 30 April 2022 |
4,011 |
|
10,737 |
|
14,748 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2022 |
177 |
|
613 |
|
790 |
|
At 30 April 2021 |
210 |
|
817 |
|
1,027 |
|
|
4 |
Debtors |
2022 |
|
2021 |
£ |
£ |
|
|
Trade debtors |
- |
|
4,032 |
|
Directors Current Account |
|
|
|
|
21,581 |
|
19,636 |
|
|
|
|
|
|
21,581 |
|
23,668 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
£ |
£ |
|
|
Trade creditors |
10,402 |
|
15,899 |
|
Accruals |
|
|
|
|
1,140 |
|
1,100 |
|
Corporation tax |
7,370 |
|
5,394 |
|
Other taxes and social security costs |
2 |
|
- |
|
VAT |
2,565 |
|
1,362 |
|
|
|
|
|
|
21,479 |
|
23,755 |
|
|
|
|
|
|
|
|
|
|
6 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
|
Mr D K Burnett
|
|
[Loan 1] |
19,636 |
|
- |
|
(19,636) |
|
- |
|
[Loan 2] |
- |
|
21,581 |
|
- |
|
21,581 |
|
|
|
19,636 |
|
21,581 |
|
(19,636) |
|
21,581 |
|
|
|
|
|
|
|
|
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|
7 |
Other information |
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|
Glazeaid Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
21 Pasture Crescent |
|
Knaresborough |
|
HG5 0PF |