Company Registration No. 10862976 (England and Wales)
Adept NDT & Weld Inspection Ltd
Unaudited accounts
for the year ended 30 April 2021
Adept NDT & Weld Inspection Ltd
Unaudited accounts
Contents
Adept NDT & Weld Inspection Ltd
Company Information
for the year ended 30 April 2021
Directors
Mr Craig Brown
Mrs Stephanie Elizabeth Brown
Company Number
10862976 (England and Wales)
Registered Office
53 Bredhurst Road
Gillingham
ME8 0PE
United Kingdom
Accountants
Accurox Limited
Top Floor 3 Crescent Terrace
Cheltenham
Gloucestershire
GL50 3PE
Adept NDT & Weld Inspection Ltd
Statement of financial position
as at
30 April 2021
Tangible assets
39,703
50,900
Cash at bank and in hand
168,156
52,508
Creditors: amounts falling due within one year
(64,070)
(43,798)
Net current assets
117,373
20,508
Total assets less current liabilities
157,076
71,408
Creditors: amounts falling due after more than one year
(68,065)
(26,255)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
88,911
35,382
Shareholders' funds
89,011
35,482
For the year ending 30 April 2021 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.
The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2021 and were signed on its behalf by
Mr Craig Brown
Director
Company Registration No. 10862976
Adept NDT & Weld Inspection Ltd
Notes to the Accounts
for the year ended 30 April 2021
Adept NDT & Weld Inspection Ltd is a private company, limited by shares, registered in England and Wales, registration number 10862976. The registered office is 53 Bredhurst Road, Gillingham, ME8 0PE, United Kingdom.
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.
These financial statements for the year ended 30 April 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2019.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Fixtures & fittings
25% SL
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2020
4,714
45,367
15,855
65,936
Additions
-
-
1,000
1,000
At 30 April 2021
4,714
45,367
16,855
66,936
At 1 May 2020
2,356
6,805
5,875
15,036
Charge for the year
1,178
6,805
4,214
12,197
At 30 April 2021
3,534
13,610
10,089
27,233
At 30 April 2021
1,180
31,757
6,766
39,703
At 30 April 2020
2,358
38,562
9,980
50,900
Adept NDT & Weld Inspection Ltd
Notes to the Accounts
for the year ended 30 April 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
13,287
11,798
6
Creditors: amounts falling due within one year
2021
2020
Obligations under finance leases and hire purchase contracts
9,225
9,225
Trade creditors
1,960
4,709
Taxes and social security
32,826
20,328
Loans from directors
2,890
9,527
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
18,065
26,255
8
Average number of employees
During the year the average number of employees was 3 (2020: 2).