Company Registration No. 10242427 (England and Wales)
GROUND FORCE SERVICES LTD
Unaudited accounts
for the year ended 30 June 2020
GROUND FORCE SERVICES LTD
Unaudited accounts
Contents
GROUND FORCE SERVICES LTD
Company Information
for the year ended 30 June 2020
Company Number
10242427 (England and Wales)
Registered Office
35 ELLEMENT CLOSE
PINNER
HA5 1EP
ENGLAND
GROUND FORCE SERVICES LTD
Statement of financial position
as at
30 June 2020
Tangible assets
110,305
14,990
Cash at bank and in hand
276,389
159,386
Creditors: amounts falling due within one year
(252,053)
(234,421)
Net current assets
182,879
100,663
Total assets less current liabilities
293,184
115,653
Creditors: amounts falling due after more than one year
(40,000)
(25,000)
Net assets
253,184
90,653
Called up share capital
100
100
Profit and loss account
253,084
90,553
Shareholders' funds
253,184
90,653
For the year ending 30 June 2020 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 20 October 2020 and were signed on its behalf by
Ion Zoita
Director
Company Registration No. 10242427
GROUND FORCE SERVICES LTD
Notes to the Accounts
for the year ended 30 June 2020
GROUND FORCE SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10242427. The registered office is 35 ELLEMENT CLOSE, PINNER, HA5 1EP, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% straight-line method
Motor vehicles
25 % straight-line method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2019
-
17,349
17,349
Additions
77,100
28,500
105,600
At 30 June 2020
77,100
45,849
122,949
At 1 July 2019
-
2,359
2,359
Charge for the year
-
10,285
10,285
At 30 June 2020
-
12,644
12,644
At 30 June 2020
77,100
33,205
110,305
At 30 June 2019
-
14,990
14,990
GROUND FORCE SERVICES LTD
Notes to the Accounts
for the year ended 30 June 2020
Trade debtors
149,155
153,399
Accrued income and prepayments
9,388
-
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
136,332
57,907
Taxes and social security
41,095
86,079
Other creditors
1,359
35,772
Loans from directors
2,170
-
7
Creditors: amounts falling due after more than one year
2020
2019
8
Share capital
2020
2019
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2019: 2).