Company Registration No. 07118212 (England and Wales)
Subco2 Ltd
Unaudited accounts
for the year ended 31 January 2019
Subco2 Ltd
Unaudited accounts
Contents
Subco2 Ltd
Company Information
for the year ended 31 January 2019
Directors
Simon Lewis
Liam Lewis
Company Number
07118212 (England and Wales)
Registered Office
44 Harvey Road
Congleton
Cheshire
CW12 2DL
Accountants
EPG Accountants Ltd
14 Southlands Road
Mossley
CONGLETON
Cheshire
CW12 3JY
Subco2 Ltd
Statement of financial position
as at
31 January 2019
Cash at bank and in hand
70,311
35,606
Creditors: amounts falling due within one year
(18,154)
(13,537)
Net current assets
52,395
22,387
Called up share capital
14
13
Profit and loss account
52,770
22,892
Shareholders' funds
52,784
22,905
For the year ending 31 January 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 23 April 2019.
Simon Lewis
Director
Company Registration No. 07118212
Subco2 Ltd
Notes to the Accounts
for the year ended 31 January 2019
Subco2 Ltd is a private company, limited by shares, registered in England and Wales, registration number 07118212. The registered office is 44 Harvey Road, Congleton, Cheshire, CW12 2DL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25 % reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Subco2 Ltd
Notes to the Accounts
for the year ended 31 January 2019
Accrued income and prepayments
238
-
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
16,447
13,241
Loans from directors
1,626
216
7
Share capital
2019
2018
Allotted, called up and fully paid:
10 Ordinary shares - A Class of £1 each
10
10
1 Ordinary shares - B Class of £1 each
1
1
1 Ordinary shares - C Class of £1 each
1
1
1 Ordinary shares - D Class of £1 each
1
1
1 Ordinary shares - E Class of £1 each
1
-
Shares issued during the period:
1 Ordinary shares - E Class of £1 each
1
8
Average number of employees
During the year the average number of employees was 2 (2018: 2).