Registered number: 02802240 | ||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
FOR THE YEAR ENDED 31/05/2017 | ||||||||
|
||||||||
Prepared By: | ||||||||
WALLER UK LIMITED | ||||||||
ACCOUNTANTS | ||||||||
THE GABLES | ||||||||
11 LANTERN VIEW | ||||||||
NEW MILLS | ||||||||
HIGH PEAK | ||||||||
SK22 3EE |
|
||||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2017 | ||||||||
DIRECTORS | ||||||||
|
||||||||
|
||||||||
SECRETARY | ||||||||
M BANCROFT | ||||||||
REGISTERED OFFICE | ||||||||
|
||||||||
|
||||||||
HIGH PEAK | ||||||||
|
||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 02802240 | ||||||||
ACCOUNTANTS | ||||||||
WALLER UK LIMITED | ||||||||
ACCOUNTANTS | ||||||||
THE GABLES | ||||||||
11 LANTERN VIEW | ||||||||
NEW MILLS | ||||||||
HIGH PEAK | ||||||||
SK22 3EE |
|
||||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2017 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
|
||||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
|
BALANCE SHEET AT
|
||||||||||
2017 | 2016 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
|
|
|||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | 104,601 | 153,626 | |||||||
Cash at bank and in hand |
|
|
||||||||
210,818 | 285,536 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | 96,011 | 102,490 | |||||||
NET CURRENT ASSETS | 114,807 | 183,046 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | 401,307 | 289,970 | ||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 158,885 | 46,211 | |||||||
NET ASSETS | 242,422 | 243,759 | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | 4 | 4 | |||||||
Profit and loss account | 242,418 | 243,755 | ||||||||
SHAREHOLDERS' FUNDS |
|
243,759 | ||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on
|
||||||||||
............................. | ||||||||||
|
||||||||||
Director | ||||||||||
|
||||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
|
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2017 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
|
||||||||
Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 15% |
2. TANGIBLE FIXED ASSETS | ||||||||||
Land And | Plant and | Commercial | Fixtures | |||||||
Buildings | Machinery | Vehicles | and Fittings | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 01/06/2016 | - | 298,550 | 213,138 | 17,300 | 528,988 | |||||
Additions | 165,573 | 49,465 | 2,000 | 22,405 | 239,443 | |||||
At 31/05/2017 | 165,573 | 348,015 | 215,138 | 39,705 | 768,431 | |||||
Depreciation | ||||||||||
At 01/06/2016 | - | 272,971 | 135,739 | 13,354 | 422,064 | |||||
For the year | - | 22,907 | 31,769 | 5,191 | 59,867 | |||||
At 31/05/2017 | - | 295,878 | 167,508 | 18,545 | 481,931 | |||||
Net Book Amounts | ||||||||||
At 31/05/2017 |
|
|
|
|
|
|||||
At 31/05/2016 |
|
|
|
|
|
|||||
3. DEBTORS | 2017 | 2016 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 104,601 | 153,626 | ||||||
104,601 | 153,626 | |||||||
|
||||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
|
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2017 | 2016 | |||||||
£ | £ | |||||||
UK corporation tax | 5,919 | 18,799 | ||||||
Bank Loan | 10,000 | - | ||||||
Hire purchase | 30,366 | 28,250 | ||||||
Trade creditors | 19,839 | 20,300 | ||||||
Other creditors | 12,485 | 17,939 | ||||||
Accruals | 17,402 | 17,202 | ||||||
96,011 | 102,490 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2017 | 2016 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 109,167 | - | ||||||
Hire purchase >1yr | 49,718 | 46,211 | ||||||
158,885 | 46,211 | |||||||
6. EMPLOYEES | ||||||
2017 | 2016 | |||||
No. | No. | |||||
7. SHARE CAPITAL | 2017 | 2016 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
4 | 4 | |||||||