EXPRESS BLINDS (NE) LTD,Ltd - AccountsLtd - Accounts

EXPRESS BLINDS (NE) LTD,Ltd - AccountsLtd - Accounts

EXPRESS BLINDS (N.E) LIMITED - Company Information

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2019-05-01 03967452 2020-04-30 03967452 2019-05-01 2020-04-30 03967452 2019-04-30 03967452 2018-05-01 2019-04-30 03967452 uk-core:WithinOneYear 2019-04-30 03967452 uk-core:WithinOneYear 2020-04-30 03967452 uk-core:ShareCapital 2020-04-30 03967452 uk-core:ShareCapital 2019-04-30 03967452 uk-core:RetainedEarningsAccumulatedLosses 2020-04-30 03967452 uk-core:RetainedEarningsAccumulatedLosses 2019-04-30 03967452 uk-bus:Director1 2019-05-01 2020-04-30 03967452 uk-core:PlantMachinery 2019-05-01 2020-04-30 03967452 uk-core:CommercialMotorVehicles 2019-05-01 2020-04-30 03967452 uk-core:CommercialMotorVehicles 2019-04-30 03967452 uk-core:PlantMachinery 2019-04-30 03967452 uk-core:LandBuildings 2019-04-30 03967452 uk-core:LandBuildings 2019-05-01 2020-04-30 03967452 uk-core:LandBuildings 2020-04-30 03967452 uk-core:PlantMachinery 2020-04-30 03967452 uk-core:CommercialMotorVehicles 2020-04-30 iso4217:GBP xbrli:pure 03967452 uk-bus:AuditExemptWithAccountantsReport 2019-05-01 2020-04-30 03967452 uk-bus:FRS102 2019-05-01 2020-04-30 03967452 uk-bus:FullAccounts 2019-05-01 2020-04-30 03967452 uk-bus:PrivateLimitedCompanyLtd 2019-05-01 2020-04-30
EXPRESS BLINDS (NE) LTD
Registered Number:03967452
For the year ended 30 April 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2020
EXPRESS BLINDS (NE) LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
03967452
As at 30 April 2020
EXPRESS BLINDS (NE) LTD
Statement of Financial Position
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
355,027
359,889
2
355,027
359,889
Current assets
Inventories
35,000
50,000
3
Trade and other receivables
39,529
13,096
4
16,072
Cash and cash equivalents
21,762
84,858
90,601
Trade and other payables: amounts falling due within one
year
(186,837)
(180,218)
5
(96,236)
(95,360)
Net current liabilities
Total assets less current liabilities
259,667
263,653
259,667
Net assets
263,653
Capital and reserves
Called up share capital
2
2
Retained earnings
259,665
263,651
259,667
263,653
Shareholders' funds
For the year ended 30 April 2020 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 2020 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 21 January 2021 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 April 2020
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
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 2019
572,337
63,140
193,551
315,646
12,000
8,500
3,500
-
Additions
(29,583)
-
-
Disposals
(29,583)
At 30 April 2020
315,646
197,051
42,057
554,754
Provision for depreciation and impairment
At 01 May 2019
212,448
38,649
173,799
-
Charge for year
9,845
5,195
4,650
-
(22,566)
(22,566)
-
-
On disposal
At 30 April 2020
199,727
21,278
178,449
-
At 30 April 2020
Net book value
315,646
18,602
20,779
355,027
At 30 April 2019
315,646
19,752
24,491
359,889
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5
For the year ended 30 April 2020
EXPRESS BLINDS (NE) LTD
Notes to the Financial Statements Continued
3. Inventories
2019
2020
£
£
Stocks
50,000
35,000
4. Trade and other receivables
2019
2020
£
£
Trade debtors
9,979
36,474
Other debtors
3,117
3,055
39,529
13,096
5. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Trade creditors
118
36,518
Taxation and social security
13,883
25,101
Directors' loan accounts
161,927
122,522
Obligations under HP/Financial leases
4,290
2,696
180,218
186,837
6. Average number of persons employed
During the year the average number of employees was 15 (2019 : 15)
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