Registered number: 02802240 | ||||||||
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FOR THE YEAR ENDED 31/05/2018 | ||||||||
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Prepared By: | ||||||||
WALLER UK LIMITED | ||||||||
ACCOUNTANTS | ||||||||
28A CALLE CAMELIA | ||||||||
URB. CORTIJO DE TORREQUEBRADA | ||||||||
29630 BENALMADENA COSTA | ||||||||
MALAGA SPAIN |
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ACCESS DRILLING SERVICES LIMITED | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2018 | ||||||||
DIRECTORS | ||||||||
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SECRETARY | ||||||||
M BANCROFT | ||||||||
REGISTERED OFFICE | ||||||||
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HIGH PEAK | ||||||||
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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 |
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ACCESS DRILLING SERVICES LIMITED | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2018 | ||||||||
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 | - |
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ACCESS DRILLING SERVICES LIMITED | ||||||||
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BALANCE SHEET AT
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2018 | 2017 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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CURRENT ASSETS | ||||||||||
Debtors | 3 |
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Cash at bank and in hand |
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225,092 | 210,818 | |||||||||
CREDITORS: Amounts falling due within one year | 4 |
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NET CURRENT ASSETS |
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114,807 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: Amounts falling due after more than one year | 5 | 133,073 | 158,885 | |||||||
NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 |
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Profit and loss account | 233,292 | 242,418 | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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ACCESS DRILLING SERVICES LIMITED | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2018 | ||||||||||
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 | ||||||||
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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 01/06/2017 | 165,573 | 348,015 | 215,138 | 39,705 | 768,431 | |||||
Additions | - | - | - | 2,089 | 2,089 | |||||
At 31/05/2018 | 165,573 | 348,015 | 215,138 | 41,794 | 770,520 | |||||
Depreciation | ||||||||||
At 01/06/2017 | - | 295,878 | 167,508 | 18,545 | 481,931 | |||||
For the year | - | 20,232 | 24,366 | 4,360 | 48,958 | |||||
At 31/05/2018 | - | 316,110 | 191,874 | 22,905 | 530,889 | |||||
Net Book Amounts | ||||||||||
At 31/05/2018 |
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239,631 | |||||
At 31/05/2017 |
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286,500 | |||||
3. DEBTORS | 2018 | 2017 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 98,188 | 104,601 | ||||||
98,188 | 104,601 | |||||||
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ACCESS DRILLING SERVICES LIMITED | ||||||||
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4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
UK corporation tax | 11,342 | 5,919 | ||||||
Bank Loan | 10,000 | 10,000 | ||||||
Hire purchase | 27,521 | 30,366 | ||||||
Trade creditors | 18,777 | 19,839 | ||||||
Other creditors | 16,814 | 12,485 | ||||||
Accruals | 13,900 | 17,402 | ||||||
98,354 | 96,011 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 99,174 | 109,167 | ||||||
Hire purchase >1yr | 33,899 | 49,718 | ||||||
133,073 | 158,885 | |||||||
6. EMPLOYEES | ||||||
2018 | 2017 | |||||
No. | No. | |||||
Average number of employees | - | - | ||||
7. SHARE CAPITAL | 2018 | 2017 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
4 | 4 | |||||||