Registered number: 08728807 | ||||||||
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FOR THE YEAR ENDED 31/10/2019 | ||||||||
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Prepared By: | ||||||||
David Reed Associates Ltd | ||||||||
54D Frome Road | ||||||||
Bradford on Avon | ||||||||
Wiltshire | ||||||||
BA15 1LA |
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Simply Glazing Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/10/2019 | ||||||||
DIRECTORS | ||||||||
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REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 08728807 | ||||||||
ACCOUNTANTS | ||||||||
David Reed Associates Ltd | ||||||||
54D Frome Road | ||||||||
Bradford on Avon | ||||||||
Wiltshire | ||||||||
BA15 1LA |
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Simply Glazing Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/10/2019 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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Simply Glazing Limited | ||||||||
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BALANCE SHEET AT
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2019 | 2018 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 |
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CURRENT ASSETS | ||||||||||
Debtors | 4 |
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Cash at bank and in hand |
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84,507 | 62,671 | |||||||||
CREDITORS: Amounts falling due within one year | 5 |
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NET CURRENT ASSETS / (LIABILITIES) |
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(14,465) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS FOR LIABILITIES AND CHARGES | 6 |
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NET ASSETS / (LIABILITIES) |
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(
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 |
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Profit and loss account | 38,008 | (12,112) | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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Simply Glazing Limited | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/10/2019 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Plant and Machinery | reducing balance 25% | |||||||
Motor Cars | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2019 | 2018 | |||||
No. | No. | |||||
Average number of employees |
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- | ||||
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Simply Glazing Limited | ||||||||
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3. TANGIBLE FIXED ASSETS | ||||||
Plant and | ||||||
Machinery | Motor Cars | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/11/2018 | 3,983 | 10,500 | 14,483 | |||
Additions | 1,121 | 3,995 | 5,116 | |||
At 31/10/2019 | 5,104 | 14,495 | 19,599 | |||
Depreciation | ||||||
At 01/11/2018 | 2,756 | 8,699 | 11,455 | |||
For the year | 570 | 1,449 | 2,019 | |||
At 31/10/2019 | 3,326 | 10,148 | 13,474 | |||
Net Book Amounts | ||||||
At 31/10/2019 |
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6,125 | |||
At 31/10/2018 |
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3,028 | |||
4. DEBTORS | 2019 | 2018 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 16,515 | 4,581 | ||||||
Other debtors | 5,779 | 6,488 | ||||||
Prepayments | 2,676 | 6,165 | ||||||
Directors current account - Pete | 2,158 | 5,479 | ||||||
Directors current account - Lee | 1,638 | 753 | ||||||
28,766 | 23,466 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2019 | 2018 | |||||||
£ | £ | |||||||
UK corporation tax | 16,071 | 2,603 | ||||||
VAT | 11,299 | 7,380 | ||||||
PAYE control | - | 1,441 | ||||||
Bank Loan | - | 19,885 | ||||||
Trade creditors | 14,352 | 27,823 | ||||||
Other creditors | 291 | 470 | ||||||
Accruals | 1,183 | 4,392 | ||||||
Deferred income | 8,753 | 13,142 | ||||||
51,949 | 77,136 | |||||||
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Simply Glazing Limited | ||||||||
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6. PROVISIONS FOR LIABILITIES | 2019 | 2018 | ||||||
£ | £ | |||||||
Deferred taxation | 575 | 575 | ||||||
575 | 575 | |||||||
7. SHARE CAPITAL | 2019 | 2018 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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100 | |||||||
100 | 100 | |||||||