Company Registration No. 11183887 (England and Wales)
Kent Disco Supplies Ltd
Unaudited accounts
for the year ended 31 March 2021
Kent Disco Supplies Ltd
Unaudited accounts
Contents
Kent Disco Supplies Ltd
Company Information
for the year ended 31 March 2021
Company Number
11183887 (England and Wales)
Registered Office
UNIT 8 LAKER ROAD
ROCHESTER
ME1 3QX
UNITED KINGDOM
Accountants
Richard McIntosh
101 Rose Street South Lane
Edinburgh
EH2 3JG
Kent Disco Supplies Ltd
Statement of financial position
as at 31 March 2021
Tangible assets
4,113
5,484
Cash at bank and in hand
32
229
Creditors: amounts falling due within one year
(16,906)
(31,983)
Net current assets
45,791
31,142
Total assets less current liabilities
49,904
36,626
Creditors: amounts falling due after more than one year
(64,393)
(34,427)
Provisions for liabilities
Deferred tax
(1,410)
(1,410)
Net (liabilities)/assets
(15,899)
789
Called up share capital
1
1
Profit and loss account
(15,900)
788
Shareholders' funds
(15,899)
789
For the year ending 31 March 2021 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 June 2022 and were signed on its behalf by
Michael Hackwood
Director
Company Registration No. 11183887
Kent Disco Supplies Ltd
Notes to the Accounts
for the year ended 31 March 2021
Kent Disco Supplies Ltd is a private company, limited by shares, registered in England and Wales, registration number 11183887. The registered office is UNIT 8 LAKER ROAD, ROCHESTER, ME1 3QX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Kent Disco Supplies Ltd
Notes to the Accounts
for the year ended 31 March 2021
4
Tangible fixed assets
Plant & machinery
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
13,009
29,988
Taxes and social security
(2)
1,636
Loans from directors
3,201
-
7
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
29,393
34,427
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
