Contents of the Financial Statements

for the Period Ended 05 February 2021

Company Information

for the Period Ended 05 February 2021

Balance sheet

As at 05 February 2021

The notes form part of these financial statements

Balance sheet continued

As at 05 February 2021

For the year ending 5 February 2021 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 05 February 2021

• 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

  Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of
  Company’s activities. Sales are presented, net of value-added tax, rebates and discounts.

  Tangible fixed assets depreciation policy

  Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
  Plant and machinery 18% NBV
  Motor vehicles 6%-18% NBV

  Intangible fixed assets amortisation policy

  Freehold land is not depreciated.
  Depreciation on other items of property, plant and equipment is calculated using the straight-line method to allocate their depreciable amounts
  over their estimated useful lives as follows:
  Useful lives
  Leasehold land 60 to 99 years
  Buildings 25 to 50 years
  Plant and equipment 5 to 15 years

  Valuation information and policy

  Stock is valued at the lower of cost and net realisable value.

Notes to the Financial Statements

for the Period Ended 05 February 2021

• 2. Employees

  	2021	2020
  Average number of employees during the period	2	2

Notes to the Financial Statements

for the Period Ended 05 February 2021

• 3. Off balance sheet disclosure

  No

Notes to the Financial Statements

for the Period Ended 05 February 2021

4. Tangible assets

Notes to the Financial Statements

for the Period Ended 05 February 2021

5. Debtors

Notes to the Financial Statements

for the Period Ended 05 February 2021

6.Creditors: amounts falling due within one year note

Notes to the Financial Statements

for the Period Ended 05 February 2021

7.Creditors: amounts falling due after more than one year