Earthing Equipment Supplies (Southern) Ltd
|
Registered Number
:
02527103
|
For the year ended 31 August 2021
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2021
Earthing Equipment Supplies (Southern) Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Earthing Equipment Supplies (Southern) Ltd
Statement of Financial Position
2020
2021
Property
,
plant and equipment
|
22,374
29,701
2
22,374
29,701
23,858
26,072
3
Trade and other receivables
|
82,088
57,104
4
27,438
Cash and cash equivalents
|
40,077
123,253
133,384
Trade and other payables
:
amounts falling due within one
|
year
|
(58,868)
(52,645)
5
74,516
70,608
Net current assets
Total assets less current liabilities
|
92,982
104,217
Trade and other payables
:
amounts falling due after more
|
than one year
|
(16,517)
(10,665)
6
(4,251)
(5,643)
Provisions for liabilities
|
78,066
Net assets
82,057
100
100
77,966
81,957
78,066
82,057
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
1 of 5
For the year ended 31 August 2021
Earthing Equipment Supplies (Southern) Ltd
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 10 March 2022 and were signed by:
|
The notes form part of these financial statements
|
2 of 5
For the year ended 31 August 2021
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements
Statutory Information
Earthing Equipment Supplies
(
Southern
)
Ltd is a private limited company
,
limited by shares
,
domiciled in England and
|
Wales
,
registration number
02527103
.
|
Lavender House
Church Lane
Arborfield
Berkshire
RG2 9JA
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
|
3 of 5
For the year ended 31 August 2021
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
131,710
1,122
14,876
112,938
2,774
376
226
150
-
-
(893)
(12,362)
-
-
(13,255)
112,938
2,664
455
118,831
2,774
Provision for depreciation and impairment
|
102,009
1,030
14,589
85,401
989
Charge for year
7,702
91
266
6,885
460
(13,254)
(893)
(12,361)
-
-
96,457
228
2,494
92,286
1,449
1,325
20,652
170
227
22,374
1,785
27,537
287
92
29,701
2020
2021
26,072
23,858
4
.
Trade and other receivables
|
2020
2021
47,955
66,779
9,149
15,309
82,088
57,104
5
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
16,608
15,623
Taxation and social security
|
21,909
34,078
14,128
9,167
52,645
58,868
4 of 5
For the year ended 31 August 2021
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2020
2021
10,665
16,517
7
.
Guarantees and other financial commitments
|
8
.
Average number of persons employed
|
During the year the average number of employees was 6 (2020 : 7)
5 of 5