Anglo- Norwegian Trading Ltd
|
Registered Number
:
02705183
|
For the year ended 30 June 2018
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2018
Anglo- Norwegian Trading Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Anglo- Norwegian Trading Ltd
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
565
1,129
2
55,674
56,700
3
57,265
56,803
Trade and other receivables
|
6,009
77
4
81,015
Cash and cash equivalents
|
85,534
85,611
87,024
Trade and other payables
:
amounts falling due within one
|
year
|
(4,439)
(8,341)
5
82,585
77,270
Net current assets
Total assets less current liabilities
|
134,535
139,388
134,535
Net assets
139,388
2
2
134,533
139,386
134,535
139,388
Shareholders' funds
For the year ended 30 June 2018 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 30 June 2018 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.
|
These financial statements were approved and authorised for issue by the Board on 11 January 2019 and were signed by:
|
The notes form part of these financial statements
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For the year ended 30 June 2018
Anglo- Norwegian Trading Ltd
Notes to the Financial Statements
Statutory Information
Anglo
-
Norwegian Trading Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
02705183
.
|
Principal place of business
:
|
Northpoint House
52 High Street
Knaphill
Surrey
GU21 2PY
Forest Lodge
Forest Road
Pyrford
Surrey
GU22 8NA
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Property, plant and equipment
Property, plant and equipment, 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:
|
20 % - 50 % Straight line
|
Fixtures and Office Equipment
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
|
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result.
|
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its director. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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For the year ended 30 June 2018
Anglo- Norwegian Trading Ltd
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Fixtures and
|
Office
|
Equipment
|
15,581
15,581
Provision for depreciation and impairment
|
14,452
Charge for year
564
15,016
565
1,129
3
.
Investments held as fixed assets
|
55,674
55,674
1,026
1,026
56,700
56,700
56,700
56,700
55,674
55,674
4
.
Trade and other receivables
|
2017
2018
-
3,880
77
2,129
6,009
77
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For the year ended 30 June 2018
Anglo- Norwegian Trading Ltd
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
1,998
1,999
Taxation and social security
|
4,058
-
2,285
2,440
8,341
4,439
6
.
Average number of persons employed
|
During the year the average number of employees was 0
4 of 4