Anglo- Norwegian Trading Ltd
|
Registered Number
:
02705183
|
For the year ended 30 June 2022
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2022
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
2021
2022
Property
,
plant and equipment
|
419
1
2
50,848
8,823
3
9,242
50,849
Trade and other receivables
|
48
53
4
15,631
Cash and cash equivalents
|
22,684
22,737
15,679
Trade and other payables
:
amounts falling due within one
|
year
|
(5,986)
(31,008)
5
9,693
(8,271)
Net current liabilities
Total assets less current liabilities
|
971
60,542
971
Net assets
60,542
2
2
969
60,540
971
60,542
Shareholders' funds
For the year ended 30 June 2022 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 2022 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 01 November 2022 and were signed by:
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The notes form part of these financial statements
|
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For the year ended 30 June 2022
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
Investment property
Quoted investments are shown at most recent market valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
|
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
|
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.
|
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.
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For the year ended 30 June 2022
Anglo- Norwegian Trading Ltd
Notes to the Financial Statements Continued
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.
|
2
.
Property
,
plant and equipment
|
Fixtures and
|
Office
|
Equipment
|
16,526
837
17,363
Provision for depreciation and impairment
|
16,525
Charge for year
419
16,944
419
1
3
.
Investments held as fixed assets
|
50,848
50,848
(42,025)
(42,025)
8,823
8,823
8,823
8,823
50,848
50,848
4
.
Trade and other receivables
|
2021
2022
53
48
3 of 4
For the year ended 30 June 2022
Anglo- Norwegian Trading Ltd
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2021
2022
3,698
2,462
Taxation and social security
|
1,826
2,053
25,484
1,471
31,008
5,986
6
.
Average number of persons employed
|
During the year the average number of employees was 0
4 of 4