REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
KINGSLOCK CHANDLERY LIMITED |
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 JANUARY 2021 |
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
KINGSLOCK CHANDLERY LIMITED |
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 JANUARY 2021 |
|
|
|
|
|
KINGSLOCK CHANDLERY LIMITED (REGISTERED NUMBER: 04936299) |
|
|
|
|
|
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2021 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
KINGSLOCK CHANDLERY LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JANUARY 2021 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
SECRETARY: |
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
BANKERS: |
|
19 High Street |
Northwich |
Cheshire |
CW9 5BZ |
KINGSLOCK CHANDLERY LIMITED (REGISTERED NUMBER: 04936299) |
|
BALANCE SHEET |
31 JANUARY 2021 |
|
2021 | 2020 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
|
|
Tangible assets | 5 |
|
|
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors | 6 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one year | 8 | ( |
) |
|
|
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Profit and loss account |
|
|
SHAREHOLDERS' FUNDS |
|
|
KINGSLOCK CHANDLERY LIMITED (REGISTERED NUMBER: 04936299) |
|
BALANCE SHEET - continued |
31 JANUARY 2021 |
|
|
|
|
|
|
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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 were approved by the director and authorised for issue on
|
|
|
|
|
|
|
|
KINGSLOCK CHANDLERY LIMITED (REGISTERED NUMBER: 04936299) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2021 |
|
1. | STATUTORY INFORMATION |
|
Kingslock Chandlery Limited is a
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover represents net invoiced work done, excluding Value Added Tax. |
|
Goodwill |
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, has been fully amortised over its estimated useful life of six years. |
|
Tangible fixed assets |
|
Leasehold improvements | - |
|
Plant and machinery | - |
|
Fixtures and fittings | - |
|
Motor vehicles | - |
|
Computer equipment | - |
|
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
|
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
|
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
|
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
|
Deferred taxation |
Deferred taxation 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. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
KINGSLOCK CHANDLERY LIMITED (REGISTERED NUMBER: 04936299) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JANUARY 2021 |
|
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 February 2020 |
and 31 January 2021 |
|
AMORTISATION |
At 1 February 2020 |
and 31 January 2021 |
|
NET BOOK VALUE |
At 31 January 2021 |
|
At 31 January 2020 |
|
|
5. | TANGIBLE FIXED ASSETS |
Fixtures |
Leasehold | Plant and | and |
improvements | machinery | fittings |
£ | £ | £ |
COST |
At 1 February 2020 |
|
|
|
Additions |
|
|
|
At 31 January 2021 |
|
|
|
DEPRECIATION |
At 1 February 2020 |
|
|
|
Charge for year |
|
|
|
At 31 January 2021 |
|
|
|
NET BOOK VALUE |
At 31 January 2021 |
|
|
|
At 31 January 2020 |
|
|
|
KINGSLOCK CHANDLERY LIMITED (REGISTERED NUMBER: 04936299) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JANUARY 2021 |
|
5. | TANGIBLE FIXED ASSETS - continued |
|
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
COST |
At 1 February 2020 |
|
|
|
Additions |
|
|
|
At 31 January 2021 |
|
|
|
DEPRECIATION |
At 1 February 2020 |
|
|
|
Charge for year |
|
|
|
At 31 January 2021 |
|
|
|
NET BOOK VALUE |
At 31 January 2021 |
|
|
|
At 31 January 2020 |
|
|
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Trade debtors |
|
|
Prepayments |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Corporation tax |
|
|
Social security and other taxes |
|
|
Directors' current accounts |
|
|
Accrued expenses |
|
|
|
|
|
8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2021 | 2020 |
£ | £ |
Bank loans - 2-5 years |
|
|
Bank loans more 5 yr by instal |
|
|
|
|
KINGSLOCK CHANDLERY LIMITED (REGISTERED NUMBER: 04936299) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JANUARY 2021 |
|
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
2021 | 2020 |
£ | £ |
Amounts falling due in more than five years: |
|
Repayable by instalments |
Bank loans more 5 yr by instal | 4,167 | - |
|
9. | SECURED DEBTS |
|
The following secured debts are included within creditors: |
|
2021 | 2020 |
£ | £ |
Bank loans |
|
|