Company Registration No. 06472402 (England and Wales)
PEST CONTROL OFFICE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2020
PEST CONTROL OFFICE LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 4
PEST CONTROL OFFICE LIMITED
BALANCE SHEET
AS AT 30 JUNE 2020
30 June 2020
- 1 -
2020
2019
Notes
£
£
£
£
Fixed assets
Tangible assets
3
16,765
19,825
Investments
1
1
16,766
19,826
Current assets
Stocks
720,000
720,000
Debtors
4
805,860
856,849
Cash at bank and in hand
3,189,579
3,736,739
4,715,439
5,313,588
Creditors: amounts falling due within one year
5
(44,741)
(623,617)
Net current assets
4,670,698
4,689,971
Total assets less current liabilities
4,687,464
4,709,797
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
4,687,463
4,709,796
Total equity
4,687,464
4,709,797
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 30 June 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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.
PEST CONTROL OFFICE LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2020
30 June 2020
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 1 April 2021 and are signed on its behalf by:
...............
.................
Jennifer Holdsworth
Olivia Wright
Director
Director
...............
Mark Stephens
Director
Company Registration No. 06472402
PEST CONTROL OFFICE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2020
- 3 -
1
Accounting policies
Company information
Pest Control Office Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
27 Old Gloucester Street, London, United Kingdom, WC1N 3AX.
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
pound.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business
, and
is shown net of VAT and other sales related taxes
.
The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets
are initially measured at cost and subsequently measured at cost or valuation, net of depreciation
.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
25% Reducing Balance
Computer Equipment
25% Reducing Balance
1.4
Stock
S
tock is stated at the lower of cost and net realisable valu
e.
1.5
Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies
are
converted at the exchange rates
prevailing on the reporting end date. Gains and losses arising on translation
in the period
are included in profit or loss.
2
Employees
The average monthly number of persons employed by the company during the year was:
2020
2019
Number
Number
Total
7
5
PEST CONTROL OFFICE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2020
- 4 -
3
Tangible fixed assets
Fixtures and fittings
Computer Equipment
Total
£
£
£
Cost
At 1 July 2019
7,058
85,950
93,008
Additions
286
2,242
2,528
At 30 June 2020
7,344
88,192
95,536
Depreciation
At 1 July 2019
6,482
66,701
73,183
Depreciation charged in the year
215
5,373
5,588
At 30 June 2020
6,697
72,074
78,771
Net Book Value
At 30 June 2020
647
16,118
16,765
At 30 June 2019
576
19,249
19,825
4
Debtors
2020
2019
Amounts falling due within one year:
£
£
Trade debtors
47,500
5,000
Amounts owed by group undertakings
700,000
831,849
Other debtors
58,360
20,000
805,860
856,849
5
Creditors: amounts falling due within one year
2020
2019
£
£
Trade creditors
53,502
350,352
Taxation and social security
(8,761)
273,265
44,741
623,617
6
Called up share capital
2020
2019
£
£
Ordinary share capital
Issued and fully paid
1 of £1 each
1
1