Summercombe No 87 Limited - Accounts to registrar (filleted) - small 18.2
Summercombe No 87 Limited - Accounts to registrar (filleted) - small 18.2
| Unaudited Financial Statements for the Year Ended 28 February 2022 |
| for |
| Summercombe No 87 Limited |
| Summercombe No 87 Limited (Registered number: 03830530) |
| Contents of the Financial Statements |
| for the Year Ended 28 February 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Summercombe No 87 Limited |
| Company Information |
| for the Year Ended 28 February 2022 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Bridge House |
| 2 Bridge Avenue |
| Maidenhead |
| Berkshire |
| SL6 1RR |
| Summercombe No 87 Limited (Registered number: 03830530) |
| Balance Sheet |
| 28 February 2022 |
| 28.2.22 | 28.2.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | 10 | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| 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 |
| Summercombe No 87 Limited (Registered number: 03830530) |
| Notes to the Financial Statements |
| for the Year Ended 28 February 2022 |
| 1. | STATUTORY INFORMATION |
| Summercombe No 87 Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery etc | - |
| Fixed assets are stated at cost less accumulated depreciation. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Going concern |
| The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements. |
| Financial instruments |
| The company only has financial assets and liabilities of a kind that qualify as basic financial instruments, which are initially recognised at transaction value and subsequently measured at their settlement value. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures | Office & |
| Plant and | and | Motor | sundry |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 March 2021 |
| Additions |
| At 28 February 2022 |
| DEPRECIATION |
| At 1 March 2021 |
| Charge for year |
| At 28 February 2022 |
| NET BOOK VALUE |
| At 28 February 2022 |
| At 28 February 2021 |
| Summercombe No 87 Limited (Registered number: 03830530) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2022 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Trade debtors |
| Other debtors |
| VAT |
| Deferred tax asset |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Social security and other taxes |
| VAT | - | 822 |
| Other creditors |
| Wages control a/c | 9,538 | 5,610 |
| Directors' current accounts | 68,073 | 77,630 |
| Accrued expenses |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Bank loans more 5 yr by instal |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | - | 2,500 |
| 8. | DEFERRED TAX |
| £ |
| Balance at 1 March 2021 | ( |
) |
| Deferred tax | 602 |
| Balance at 28 February 2022 | ( |
) |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 28.2.22 | 28.2.21 |
| value: | £ | £ |
| ordinary | £1 | 21 | 21 |
| Summercombe No 87 Limited (Registered number: 03830530) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2022 |
| 10. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 March 2021 | ( |
) |
| Profit for the year |
| Dividends | ( |
) |
| At 28 February 2022 |
| 11. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |