Company Registration No. 11153332 (England and Wales)
AI Insulation Limited
Unaudited accounts
for the year ended 31 January 2019
AI Insulation Limited
Unaudited accounts
Contents
AI Insulation Limited
Company Information
for the year ended 31 January 2019
Directors
J Hetherington
D Ferguson
Company Number
11153332 (England and Wales)
Registered Office
EMPIRE BUSINESS CENTRE
EMPIRE WAY
BURNLEY
BB12 6HA
ENGLAND
Accountants
JJL Accountants Limited
97 Ribchester Road
Clayton le Dale
Blackburn
Lancashire
BB1 9HT
AI Insulation Limited
Statement of financial position
as at
31 January 2019
Cash at bank and in hand
62,681
Creditors: amounts falling due within one year
(56,209)
Net current assets
19,118
Called up share capital
100
Profit and loss account
26,767
Shareholders' funds
26,867
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 25 June 2019.
J Hetherington
Director
Company Registration No. 11153332
AI Insulation Limited
Notes to the Accounts
for the year ended 31 January 2019
AI Insulation Limited is a private company, limited by shares, registered in England and Wales, registration number 11153332. The registered office is EMPIRE BUSINESS CENTRE, EMPIRE WAY, BURNLEY, BB12 6HA, 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 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:
Motor vehicles
25% reducing balance
Computer equipment
33% on cost
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
4,100
6,976
11,076
At 31 January 2019
4,100
6,976
11,076
Charge for the year
1,025
2,302
3,327
At 31 January 2019
1,025
2,302
3,327
At 31 January 2019
3,075
4,674
7,749
AI Insulation Limited
Notes to the Accounts
for the year ended 31 January 2019
6
Creditors: amounts falling due within one year
2019
Taxes and social security
44,521
7
Average number of employees
During the year the average number of employees was 4.