Registered Number
:
04403922
|
For the year ended 31 March 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2018
A T Refractories Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
A T Refractories Ltd
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
6,323
7,439
2
6,323
7,439
450
450
3
Trade and other receivables
|
38,915
39,656
4
44,272
Cash and cash equivalents
|
57,547
97,653
83,637
Trade and other payables
:
amounts falling due within one
|
year
|
(32,473)
(43,205)
5
51,164
54,448
Net current assets
Total assets less current liabilities
|
60,771
58,603
60,771
Net assets
58,603
2
2
60,769
58,601
60,771
58,603
Shareholders' funds
For the year ended 31 March 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr Albert Tildesley Director
|
These financial statements were approved and authorised for issue by the Board on 14 December 2018 and were signed by:
|
The notes form part of these financial statements
|
1 of 3
For the year ended 31 March 2018
A T Refractories Ltd
Notes to the Financial Statements
Statutory Information
A T Refractories Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
04403922
.
|
Unit 6
Sarraine Industrial Park
Cheadle
Staffordshire
ST10 1SR
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
|
2 of 3
For the year ended 31 March 2018
A T Refractories Ltd
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
20,762
20,762
Provision for depreciation and impairment
|
13,323
Charge for year
1,116
14,439
6,323
7,439
2017
2018
450
450
4
.
Trade and other receivables
|
2017
2018
36,656
35,915
3,000
3,000
38,915
39,656
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
19,271
4,430
Taxation and social security
|
20,218
24,327
3,716
3,716
43,205
32,473
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