Engineered Panels in Construction Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03098373 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

ENGINEERED PANELS IN CONSTRUCTION

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Harris

SECRETARY:

Mrs C Barlow

REGISTERED OFFICE:

Graphex House

Adcroft Street

Stockport

Cheshire

SK1 3HZ

REGISTERED NUMBER:

03098373 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

CURRENT ASSETS

Debtors

4

4,139

3,346

Cash at bank

9,303

9,759

13,442

13,105

CREDITORS

Amounts falling due within one year

5

5,185

7,132

NET CURRENT ASSETS

8,257

5,973

TOTAL ASSETS LESS CURRENT LIABILITIES

8,257

5,973

RESERVES

Income and expenditure account

8,257

5,973

8,257

5,973

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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 director and authorised for issue on 20 April 2022 and were signed by:

M Harris - Director

1.	STATUTORY INFORMATION

Engineered Panels in Construction Limited is a private company, limited by guarantee , 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 accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

VAT

3,930

3,346

Prepayments

209

-

4,139

3,346

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Trade creditors

-

5,938

Accrued expenses

5,185

1,194

5,185

7,132

6.	LIMITED BY GUARANTEE

The company is limited by guarantee and the liability of the members is limited. Every Ordinary Member promises, if the company is wound up whilst they are an Ordinary Member or within one year after ceasing to be an Ordinary Member, to contribute such amount as is required up to a maximum of £1 towards the costs of winding up the company and liabilities incurred whilst the contributor was an Ordinary Member.