Registered number: 02802240 | ||||||||
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FOR THE YEAR ENDED 31/05/2021 | ||||||||
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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 31/05/2021 | ||||||||
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 31/05/2021 | ||||||||
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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2021 | 2020 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 |
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CURRENT ASSETS | ||||||||||
Debtors | 4 |
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Cash at bank and in hand |
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244,752 | 262,276 | |||||||||
CREDITORS: Amounts falling due within one year | 5 |
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NET CURRENT ASSETS |
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148,987 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: Amounts falling due after more than one year | 6 | 130,878 | 151,451 | |||||||
NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 |
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Profit and loss account | 285,979 | 285,149 | ||||||||
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 31/05/2021 | ||||||||||
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 | ||||||||
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Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 15% |
2. EMPLOYEES | ||||||
2021 | 2020 | |||||
No. | No. | |||||
Average number of employees |
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10 | ||||
3. TANGIBLE FIXED ASSETS | ||||||||||
Land And | Plant and | Commercial | Fixtures | |||||||
Buildings | Machinery | Vehicles | and Fittings | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 01/06/2020 | 165,573 | 365,247 | 294,032 | 41,794 | 866,646 | |||||
At 31/05/2021 | 165,573 | 365,247 | 294,032 | 41,794 | 866,646 | |||||
Depreciation | ||||||||||
At 01/06/2020 | - | 336,423 | 212,845 | 29,761 | 579,029 | |||||
For the year | - | 6,522 | 20,194 | 1,974 | 28,690 | |||||
At 31/05/2021 | - | 342,945 | 233,039 | 31,735 | 607,719 | |||||
Net Book Amounts | ||||||||||
At 31/05/2021 |
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258,927 | |||||
At 31/05/2020 |
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287,617 | |||||
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ACCESS DRILLING SERVICES LIMITED | ||||||||
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4. DEBTORS | 2021 | 2020 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 97,929 | 112,649 | ||||||
Other debtors | 4,223 | 4,223 | ||||||
102,152 | 116,872 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2021 | 2020 | |||||||
£ | £ | |||||||
UK corporation tax | 11,694 | 4,371 | ||||||
Bank Loan | 10,000 | 10,000 | ||||||
Hire purchase | 18,595 | 26,470 | ||||||
Trade creditors | 23,362 | 52,298 | ||||||
Other creditors | 8,397 | 8,480 | ||||||
Accruals | 14,770 | 11,670 | ||||||
86,818 | 113,289 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2021 | 2020 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 120,678 | 129,216 | ||||||
Hire purchase >1yr | 10,200 | 22,235 | ||||||
130,878 | 151,451 | |||||||
7. SHARE CAPITAL | 2021 | 2020 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
4 | 4 | |||||||