Shuttleworth Environmental Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06103087 (England and Wales)

Shuttleworth Environmental Limited

Unaudited Financial Statements for the Year Ended 30 June 2019

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

Directors:

Mr A B Shuttleworth

Mrs C Shuttleworth

Mr J H Shuttleworth

Mr C G Shuttleworth

Mr B S Shuttleworth

Secretary:

Mr A B Shuttleworth

Registered office:

Linga Longa

Sower Carr Lane

Hambleton

Poulton le Fylde

Lancashire

FY6 9DJ

Registered number:

06103087 (England and Wales)

Accountants:

RfM Fylde Limited

Summerdale

Head Dyke Lane

Pilling

Preston

Lancashire

PR3 6SJ

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Shuttleworth Environmental Limited for the year ended 30 June 2019 which comprise the Statement of Income

and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Shuttleworth Environmental Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Shuttleworth Environmental Limited and state those matters that we have agreed to state to the Board of Directors of Shuttleworth Environmental Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shuttleworth Environmental Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Shuttleworth Environmental Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Shuttleworth Environmental Limited. You consider that Shuttleworth Environmental Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Shuttleworth Environmental Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

RfM Fylde Limited

Summerdale

Head Dyke Lane

Pilling

Preston

Lancashire

PR3 6SJ

24 March 2020

Fixed assets

Tangible assets

4

94,145

74,795

Current assets

Debtors

5

16,691

(1,745

)

Cash at bank

7,845

34,955

24,536

33,210

Creditors

Amounts falling due within one year

6

79,297

90,756

Net current liabilities

(54,761

)

(57,546

)

Total assets less current liabilities

39,384

17,249

Provisions for liabilities

7

17,295

13,513

Net assets

22,089

3,736

Capital and reserves

Called up share capital

8

130

130

Retained earnings

21,959

3,606

Shareholders' funds

22,089

3,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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

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

The financial statements were approved by the Board of Directors on 24 March 2020 and were signed on its behalf by:

Mr A B Shuttleworth - Director

1.	Statutory information

Shuttleworth Environmental Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained

Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those

in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been

enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing

difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	Employees and directors

The average number of employees during the year was 5 (2018 - 5 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

Cost

At 1 July 2018

69,967

20,678

90,645

Additions

26,823

3,105

29,928

At 30 June 2019

96,790

23,783

120,573

Depreciation

At 1 July 2018

6,997

8,853

15,850

Charge for year

8,338

2,240

10,578

At 30 June 2019

15,335

11,093

26,428

Net book value

At 30 June 2019

81,455

12,690

94,145

At 30 June 2018

62,970

11,825

74,795

5.

Debtors: amounts falling due within one year

2019

2018

£

£

Trade debtors

15,701

(1,831

)

Other debtors

990

86

16,691

(1,745

)

6.

Creditors: amounts falling due within one year

2019

2018

£

£

Trade creditors

18,080

1,435

Taxation and social security

14,376

24,949

Other creditors

46,841

64,372

79,297

90,756

7.	Provisions for liabilities

2019

2018

£

£

Deferred tax

Accelerated capital allowances

17,295

13,513

Deferred

tax

£

Balance at 1 July 2018

13,513

Provided during year

3,782

Balance at 30 June 2019

17,295

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

£1

100

100

10

Ordinary A

£1

10

10

10

Ordinary B

£1

10

10

10

Ordinary C

£1

10

10

130

130