Contents of the Financial Statements

for the Period Ended 27 February 2020

Company Information

for the Period Ended 27 February 2020

Balance sheet

As at 27 February 2020

The notes form part of these financial statements

Balance sheet continued

As at 27 February 2020

For the year ending 27 February 2020 the company was entitled to exemption 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 27 February 2020

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
  

  Tangible fixed assets depreciation policy

  Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
  
  Plant and machinery Over 5 years
  Motor vehicles 18% on reducing balance
  

Notes to the Financial Statements

for the Period Ended 27 February 2020

• 2. Employees

  	2020	2019
  Average number of employees during the period	8	8

Notes to the Financial Statements

for the Period Ended 27 February 2020

• 3. Off balance sheet disclosure

  No

Notes to the Financial Statements

for the Period Ended 27 February 2020

4. Intangible assets

Notes to the Financial Statements

for the Period Ended 27 February 2020

5. Tangible assets

Notes to the Financial Statements

for the Period Ended 27 February 2020

6. Debtors

Notes to the Financial Statements

for the Period Ended 27 February 2020

7.Creditors: amounts falling due within one year note