4 Plas Limited 29/02/2020 iXBRL
4 Plas Limited 29/02/2020 iXBRL
Company registration number:
04655764
Unaudited filleted abridged financial statements
Year ended
Contents
Abridged balance sheet
Notes to the financial statements
Abridged Balance Sheet
29 February 2020
2020 | 2019 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 6 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Stocks |
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Debtors |
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Cash at bank and in hand |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year |
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_______ | _______ | ||||||||
Net current assets |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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Provisions for liabilities |
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Accruals and deferred income |
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_______ | _______ | ||||||||
Net assets |
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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_______ | _______ | ||||||||
Shareholders funds |
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_______ | _______ | ||||||||
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
13 May 2020
, and are signed on behalf of the board by:
Director
Company registration number:
04655764
Notes to the financial statements
Year ended 29 February 2020
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is 7 Aldin Way, Hinckley, Leicestershire, LE10 0GE.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Impairment
Stocks
Provisions
Defined contribution plans
4.
Turnover
The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.
5.
Employee numbers
The average number of persons employed by the company during the year amounted to
9
(2019:
10
).
6.
Tangible assets
£ | ||
Cost | ||
At 1 March 2019 |
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Additions | 6,498 | |
_______ | ||
At 29 February 2020 |
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Depreciation | ||
At 1 March 2019 |
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Charge for the year |
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At 29 February 2020 |
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Carrying amount | ||
At 29 February 2020 |
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At 28 February 2019 |
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7.
Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company: | |||||
2020 | |||||
Balance brought forward | Advances /(credits) to the directors | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
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(
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(
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6,460 | 79,206 | (87,739) | (2,073) | ||
7,753 | 83,627 | (93,867) | (2,487) | ||
6,460 | 74,630 | (83,163) | (2,073) | ||
6,460 | 60,771 | (69,304) | (2,073) | ||
6,460 | 60,771 | (69,304) | (2,073) | ||
6,460 | 60,771 | (69,304) | (2,073) | ||
_______ | _______ | _______ | _______ | ||
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_______ | _______ | _______ | _______ | ||
2019 | |||||
Balance brought forward | Advances /(credits) to the directors | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
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(
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6,310 | 85,110 | (84,960) | 6,460 | ||
9,464 | 91,027 | (92,738) | 7,753 | ||
6,310 | 82,927 | (82,777) | 6,460 | ||
6,310 | 64,004 | (63,854) | 6,460 | ||
6,310 | 64,004 | (63,854) | 6,460 | ||
6,310 | 64,004 | (63,854) | 6,460 | ||
_______ | _______ | _______ | _______ | ||
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_______ | _______ | _______ | _______ | ||
Statement of consent to prepare abridged financial statements