Altrincham Building & Damp-Proofing Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05214334 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020

FOR

ALTRINCHAM BUILDING AND

DAMP-PROOFING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Durkin

Mrs S C Durkin

REGISTERED OFFICE:

2nd Floor, Boulton House

17-21 Chorlton Street

Manchester

M1 3HY

REGISTERED NUMBER:

05214334 (England and Wales)

ACCOUNTANTS:

Connaughton & Co

2nd Floor, Boulton House

17-21 Chorlton Street

Manchester

M1 3HY

FIXED ASSETS

Tangible assets

4

18,191

16,952

CURRENT ASSETS

Debtors

5

68,651

67,459

Cash at bank

75,053

50,440

143,704

117,899

CREDITORS

Amounts falling due within one year

6

75,360

48,742

NET CURRENT ASSETS

68,344

69,157

TOTAL ASSETS LESS CURRENT LIABILITIES

86,535

86,109

PROVISIONS FOR LIABILITIES

7

3,289

3,017

NET ASSETS

83,246

83,092

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

83,244

83,090

SHAREHOLDERS' FUNDS

83,246

83,092

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 May 2021 and were signed on its behalf by:

R A Durkin - Director

1.	STATUTORY INFORMATION

Altrincham Building And Damp-Proofing 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 each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2019

57,488

Additions

8,026

At 31 August 2020

65,514

DEPRECIATION

At 1 September 2019

40,536

Charge for year

6,787

At 31 August 2020

47,323

NET BOOK VALUE

At 31 August 2020

18,191

At 31 August 2019

16,952

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Trade debtors

56,741

43,493

Prepayments and accrued income

11,910

23,966

68,651

67,459

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Trade creditors

7,565

12,030

Tax

4,169

6,537

Social security and other taxes

5,476

6,034

VAT

31,706

16,333

Business card

2,609

3,116

Directors' loan accounts

20,734

335

Accrued expenses

3,101

4,357

75,360

48,742

7.	PROVISIONS FOR LIABILITIES

31.8.20

31.8.19

£

£

Deferred tax

3,289

3,017

Deferred

tax

£

Balance at 1 September 2019

3,017

Accelerated capital allowances

272

Balance at 31 August 2020

3,289

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.20

31.8.19

value:

£

£

2

Ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 September 2019

83,090

Profit for the year

18,154

Dividends

(18,000

)

At 31 August 2020

83,244