epod limited
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Notes to the Accounts |
for the year ended 31 August 2020
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with Section 1A (smaller entities) of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland.
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Turnover |
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Turnover represents the amounts derived from the provision of goods and services to customers during the year.
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of each asset over its expected useful life, as follows:
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Plant and equipment: |
33% per annum on a reducing balance basis |
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2 |
Employees |
2020 |
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2019 |
Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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3 |
Tangible fixed assets |
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Plant and machinery etc |
£ |
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Cost |
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At 1 September 2019 |
191,694 |
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Additions |
6,738 |
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At 31 August 2020 |
198,432 |
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Depreciation |
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At 1 September 2019 |
176,139 |
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Charge for the year |
7,357 |
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At 31 August 2020 |
183,496 |
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Net book value |
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At 31 August 2020 |
14,936 |
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At 31 August 2019 |
15,555 |
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4 |
Debtors |
2020 |
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2019 |
£ |
£ |
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Trade debtors |
13,042 |
|
14,526 |
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Other debtors |
1,190 |
|
3,055 |
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14,232 |
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17,581 |
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5 |
Creditors: amounts falling due within one year |
2020 |
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2019 |
£ |
£ |
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Corporation tax |
11,553 |
|
13,718 |
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Other taxes and social security costs |
6,459 |
|
8,774 |
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Other creditors |
4,804 |
|
2,646 |
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22,816 |
|
25,138 |
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6 |
Controlling party |
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The company is controlled by its sole shareholder, Dr J A Hampson.
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7 |
Other information |
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epod limited is a private company limited by shares and incorporated in England. Its registered office is: |
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12 Mark Mansions |
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Westville Road |
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London |
|
W12 9PS |