ASK4 PORTUGAL LIMITED
ASK4 PORTUGAL LIMITED
ASK4 PORTUGAL LIMITED
Company Registration Number:
10733573 (England and Wales)
Unaudited statutory accounts for the year ended 31 October 2021
Period of accounts
Start date: 1 November 2020
End date: 31 October 2021
ASK4 PORTUGAL LIMITED
Contents of the Financial Statements
for the Period Ended 31 October 2021
Balance sheet | |
Additional notes | |
Balance sheet notes |
ASK4 PORTUGAL LIMITED
Balance sheet
As at
Notes | 2021 | 2020 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | | ( | |
Provision for liabilities: | ( | ( | |
Total net assets (liabilities): | | ( | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | ( | |
Total Shareholders' funds: | | ( |
The notes form part of these financial statements
ASK4 PORTUGAL LIMITED
Balance sheet statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
ASK4 PORTUGAL LIMITED
Notes to the Financial Statements
for the Period Ended 31 October 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
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:Sale of goodsRevenue from the sale of goods is recognised when all of the following conditions are satisfied:- the Company has transferred the significant risks and rewards of ownership to the buyer;- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;- the amount of revenue can be measured reliably;- it is probable that the Company will receive the consideration due under the transaction; and- the costs incurred or to be incurred in respect of the transaction can be measured reliably.Rendering of servicesRevenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:- the amount of revenue can be measured reliably;- it is probable that the Company will receive the consideration due under the contract;- the stage of completion of the contract at the end of the reporting period can be measured reliably; and- the costs incurred and the costs to complete the contract can be measured reliably. Tangible fixed assets depreciation policy
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.Depreciation is provided on the following basis:Plant and machinery - 20% straight lineInstalled equipment - 20-33% straight lineThe assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Other accounting policies
- Debtors- Cash and cash equivalents- Creditors- Foreign currency translation- Current and deferred taxation- Exceptional items
ASK4 PORTUGAL LIMITED
Notes to the Financial Statements
for the Period Ended 31 October 2021
-
2. Employees
2021 2020 Average number of employees during the period 0 0
ASK4 PORTUGAL LIMITED
Notes to the Financial Statements
for the Period Ended 31 October 2021
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 November 2020 | | | | |||
Additions | | | | |||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 October 2021 | | | | |||
Depreciation | ||||||
At 1 November 2020 | | | | |||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 31 October 2021 | | | | |||
Net book value | ||||||
At 31 October 2021 | | | | |||
At 31 October 2020 | | | |
ASK4 PORTUGAL LIMITED
Notes to the Financial Statements
for the Period Ended 31 October 2021
4. Debtors
2021 | 2020 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
ASK4 PORTUGAL LIMITED
Notes to the Financial Statements
for the Period Ended 31 October 2021
5. Creditors: amounts falling due within one year note
2021 | 2020 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |