Registered number: 02802240 | ||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
FOR THE YEAR ENDED 31/05/2019 | ||||||||
|
||||||||
Prepared By: | ||||||||
WALLER UK LIMITED | ||||||||
ACCOUNTANTS | ||||||||
28A CALLE CAMELIA | ||||||||
URB. CORTIJO DE TORREQUEBRADA | ||||||||
29630 BENALMADENA COSTA | ||||||||
MALAGA SPAIN |
|
||||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2019 | ||||||||
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 | ||||||||
28A CALLE CAMELIA | ||||||||
URB. CORTIJO DE TORREQUEBRADA | ||||||||
29630 BENALMADENA COSTA | ||||||||
MALAGA SPAIN |
|
||||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2019 | ||||||||
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
|
||||||||||
2019 | 2018 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
|
|
|||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 |
|
|
|||||||
Cash at bank and in hand |
|
|
||||||||
229,017 | 225,092 | |||||||||
CREDITORS: Amounts falling due within one year | 4 |
|
|
|||||||
NET CURRENT ASSETS |
|
126,738 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 147,460 | 133,073 | |||||||
NET ASSETS |
|
|
||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 |
|
|
|||||||
Profit and loss account | 241,959 | 233,292 | ||||||||
SHAREHOLDERS' FUNDS |
|
|
||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
Approved by the board on
|
||||||||||
............................. | ||||||||||
|
||||||||||
Director | ||||||||||
|
||||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
|
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2019 | ||||||||||
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 section 1A - 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 01/06/2018 | 165,573 | 348,015 | 215,138 | 41,794 | 770,520 | |||||
Additions | - | 17,232 | 51,845 | - | 69,077 | |||||
At 31/05/2019 | 165,573 | 365,247 | 266,983 | 41,794 | 839,597 | |||||
Depreciation | ||||||||||
At 01/06/2018 | - | 316,110 | 191,874 | 22,905 | 530,889 | |||||
For the year | - | 13,107 | 24,175 | 4,092 | 41,374 | |||||
At 31/05/2019 | - | 329,217 | 216,049 | 26,997 | 572,263 | |||||
Net Book Amounts | ||||||||||
At 31/05/2019 |
|
|
|
|
267,334 | |||||
At 31/05/2018 |
|
|
|
|
239,631 | |||||
3. DEBTORS | 2019 | 2018 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 114,834 | 98,188 | ||||||
UK corporation tax | 4,223 | - | ||||||
Other debtors | 3,465 | - | ||||||
122,522 | 98,188 | |||||||
|
||||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
|
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2019 | 2018 | |||||||
£ | £ | |||||||
UK corporation tax | - | 11,342 | ||||||
Bank Loan | 10,000 | 10,000 | ||||||
Hire purchase | 28,120 | 27,521 | ||||||
Trade creditors | 35,625 | 18,777 | ||||||
Other creditors | 3,088 | 16,814 | ||||||
Accruals | 30,095 | 13,900 | ||||||
106,928 | 98,354 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2019 | 2018 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 89,225 | 99,174 | ||||||
Hire purchase >1yr | 58,235 | 33,899 | ||||||
147,460 | 133,073 | |||||||
6. EMPLOYEES | ||||||
2019 | 2018 | |||||
No. | No. | |||||
Average number of employees | - | - | ||||
7. SHARE CAPITAL | 2019 | 2018 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
4 | 4 | |||||||