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EXPRESS BLINDS (N.E) LIMITED - Company Information

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EXPRESS BLINDS (NE) LTD

Registered Number:03967452

For the year ended 30 April 2019

England and Wales

Unaudited Financial Statements

For the year ended 30 April 2019

EXPRESS BLINDS (NE) LTD

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 30 April 2019

EXPRESS BLINDS (NE) LTD

Statement of Financial Position

Registered Number :

03967452

2018

2019

Notes

Fixed assets

Property, plant and equipment

359,889

372,296

359,889

372,296

Current assets

Inventories

55,000

35,000

Trade and other receivables

52,867

39,529

39,382

Cash and cash equivalents

16,072

90,601

147,249

Trade and other payables: amounts falling due within one

year

(83,827)

(186,837)

63,422

(96,236)

Net current liabilities

Total assets less current liabilities

263,653

435,718

Trade and other payables: amounts falling due after more

than one year

(172,280)

263,653

Net assets

263,438

Capital and reserves

Called up share capital

Retained earnings

263,651

263,436

263,653

263,438

Shareholders' funds

For the year ended 30 April 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 of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of

each financial year and of its profit or loss for each financial year in accordance with the requirements of Section

394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial

statements, so far as applicable to the company.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

MR R STEAD Director

These financial statements were approved and authorised for issue by the Board on 20 January 2020 and were signed by:

The notes form part of these financial statements

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For the year ended 30 April 2019

EXPRESS BLINDS (NE) LTD

Notes to the Financial Statements

Statutory Information

EXPRESS BLINDS (NE) LTD is a private limited company, limited by shares, domiciled in England and Wales,

registration number 03967452.

Registered address:

UNIT 20-29 TEESWAY

NORTH TEES INDUSTRIAL ESTATE

STOCKTON ON TEES

TS18 2RS

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

25% Reducing balance

Motor Vehicles

2. Property, plant and equipment

Total

Motor

Vehicles

Plant and

Machinery

Land and

Buildings

Cost or

valuation

At 01 May 2018

579,339

70,636

193,057

315,646

494

Additions

(7,496)

Disposals

(7,496)

At 30 April 2019

315,646

193,551

63,140

572,337

Provision for depreciation and impairment

At 01 May 2018

207,043

38,182

168,861

Charge for year

11,059

6,121

4,938

(5,654)

On disposal

At 30 April 2019

212,448

38,649

173,799

At 30 April 2019

Net book value

315,646

19,752

24,491

359,889

At 30 April 2018

315,646

24,196

32,454

372,296

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For the year ended 30 April 2019

EXPRESS BLINDS (NE) LTD

Notes to the Financial Statements Continued

3. Inventories

2018

2019

Stocks

35,000

55,000

4. Trade and other receivables

2018

2019

Trade debtors

36,474

49,827

Other debtors

3,055

3,040

52,867

39,529

5. Trade and other payables: amounts falling due within one year

2018

2019

Bank loans and overdraft (secured)

12,420

Trade creditors

36,518

26,187

Taxation and social security

25,101

38,005

Other creditors

125,218

7,215

186,837

83,827

6. Trade and other payables: amounts falling due after more than one year

2018

2019

Bank loans and overdraft (secured)

172,280

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