Accounts filed on 30-06-2020


ACCOUNTS
FOR THE YEAR ENDED 30/06/2020





DIRECTORS
Simon William James WELHAM


REGISTERED OFFICE
156 London Road
Sevenoaks
Kent
TN13 1DJ


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03067814



ACCOUNTANTS
Southworth and Co Ltd
Chartered Accountants
Treasures
Four Elms Edenbridge
TN8 6NE


ACCOUNTS
FOR THEYEARENDED30/06/2020



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/06/2020

			2020		2019
	Notes		£		£

FIXED ASSETS
Tangible assets	2		97,163		113,143

CURRENT ASSETS
Stock		10,328		6,104
Debtors	4	301,869		249,234
Cash at bank and in hand		206,641		38,814
		518,838		294,152
CREDITORS: Amounts falling due within one year	5	261,561		211,663
NET CURRENT ASSETS			257,277		82,489
TOTAL ASSETS LESS CURRENT LIABILITIES			354,440		195,632


CREDITORS: Amounts falling due after more than one year	6		50,000		-


PROVISIONS FOR LIABILITIES AND CHARGES	8		30,000		45,302

NET ASSETS			274,440		150,330

CAPITAL AND RESERVES

Called up share capital	9		1,000		1,000
Profit and loss account			273,440		149,330
SHAREHOLDERS' FUNDS			274,440		150,330

For the year ending 30/06/2020 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 24/03/2021 and signed on their behalf by



.............................
Simon William James WELHAM
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Long Leasehold Properties		reducing balance 10%
Plant and Machinery		reducing balance 15%
Commercial Vehicles		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




4. DEBTORS	2020	2019
	£	£
Amounts falling due within one year
Trade debtors	112,835	68,753
Prepayments	189,034	180,481
	301,869	249,234




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
	£	£
UK corporation tax	57,108	22,555
Other tax	9,132	7,836
Credit card	693	-
Payments received on account	48,937	24,681
Trade creditors	49,683	55,972
Amounts due to group companies	96,008	100,619
	261,561	211,663




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2020	2019
	£	£
Bank loans (unsecured) >1yr	50,000	-
	50,000	-




9. SHARE CAPITAL	2020	2019
	£	£
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each	1000	1000
	1,000	1,000

10. RELATED PARTY TRANSACTIONS


The controlling party is Simon Welham by virtue of his ownership of 100% of the issued ordinary share capital in the company. .