Registered Number
:
06290897
|
For the year ended 30 April 2019
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2019
At 3D-Squared Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
At 3D-Squared Ltd
Statement of Financial Position
2018
2019
Property
,
plant and equipment
|
120,297
50,120
2
120,297
50,120
Trade and other receivables
|
13,762
27,068
3
93,016
Cash and cash equivalents
|
1,639
28,707
106,778
Trade and other payables
:
amounts falling due within one
|
year
|
(34,244)
(25,349)
4
72,534
3,358
Net current assets
Total assets less current liabilities
|
123,655
122,654
Trade and other payables
:
amounts falling due after more
|
than one year
|
(309)
(310)
5
(7,739)
(10,012)
Provisions for liabilities
|
115,606
Net assets
112,333
200
200
115,406
112,133
115,606
112,333
Shareholders' funds
For the year ended 30 April 2019 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 30 April 2019 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.
|
These financial statements were approved and authorised for issue by the Board on 29 November 2019 and were signed by:
|
1 of 5
For the year ended 30 April 2019
At 3D-Squared Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 5
For the year ended 30 April 2019
At 3D-Squared Ltd
Notes to the Financial Statements
Statutory Information
At
3
D
-
Squared Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
06290897
.
|
The Workshop,
Bleaze Farm, Old Hutton,
Kendal.
Cumbria
LA8 0LU
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 represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
|
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
Motor vehicles
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. Debtors include amounts recoverable on long term contracts which are stated at the net sales value of the work done after provision for contingencies and any anticipated future losses on contracts, less amounts received as progress payments on account. Any excess progress payments are included in creditors as payments on account.
|
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.
|
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
|
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 30 April 2019
At 3D-Squared Ltd
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
77,338
12,277
65,061
79,150
77,734
1,416
-
(717)
(717)
65,760
90,011
155,771
Provision for depreciation and impairment
|
27,218
5,497
21,721
Charge for year
8,480
2,180
6,300
(224)
-
(224)
35,474
7,677
27,797
37,963
82,334
120,297
43,340
6,780
50,120
3
.
Trade and other receivables
|
2018
2019
26,347
12,779
Taxation and social security
|
721
983
13,762
27,068
4
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
-
2,614
Taxation and social security
|
18,579
31,367
6,770
263
25,349
34,244
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2018
2019
309
310
Directors
'
loan accounts
|
4 of 5
For the year ended 30 April 2019
At 3D-Squared Ltd
Notes to the Financial Statements Continued
6
.
Average number of persons employed
|
During the year the average number of employees was 3 (2018 : 3)
5 of 5