Test Coverage Limited Filleted accounts for Companies House (small and micro)
Test Coverage Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
04051019
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Abridged Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
Current assets
Debtors |
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– |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
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-------- |
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Net current assets |
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-------- |
-------- |
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Total assets less current liabilities |
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-------- |
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Net assets |
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-------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
19 May 2023
, and are signed on behalf of the board by:
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Director |
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Company registration number:
04051019
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Notes to the Abridged Financial Statements |
Year ended 31 August 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 George Street, Snow Hill, Wolverhampton, West Midlands, WV2 4DG.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Depreciation |
- |
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Impairment of fixed assets
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil
(2021:
1
).
5.
Tangible assets
£ |
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Cost |
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At 1 September 2021 and 31 August 2022 |
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Depreciation |
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At 1 September 2021 and 31 August 2022 |
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------- |
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Carrying amount |
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At 31 August 2022 |
– |
------- |
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At 31 August 2021 |
– |
------- |
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6.
Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2022 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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---- |
------- |
------- |
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2021 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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7.
Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed under FRS 102(1A).