Company Registration No. 04518545 (England and Wales)
ASSETRIA LIMITED
ANNUAL REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
PAGES FOR FILING WITH REGISTRAR
ASSETRIA LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ASSETRIA LIMITED
BALANCE SHEET
AS AT 31 MARCH 2019
31 March 2019
- 1 -
2019
2018
Notes
£
£
£
£
Fixed assets
Tangible assets
3
16,133
7,120
Current assets
Cash at bank and in hand
8,865
859
Creditors: amounts falling due within one year
4
(23,841)
(18,588)
Net current liabilities
(14,976)
(17,729)
Total assets less current liabilities
1,157
(10,609)
Capital and reserves
Called up share capital
5
4
4
Profit and loss reserves
1,153
(10,613)
Total equity
1,157
(10,609)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 15 June 2022 and are signed on its behalf by:
Mr S J Baker
Director
Company Registration No. 04518545
ASSETRIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
- 2 -
1
Accounting policies
Company information
Assetria Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Alpha House, 4 Greek Street, Stockport, Cheshire, SK3 8AB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Tangible fixed assets
Tangible fixed assets
are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment
20% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and
is credited or charged to profit or loss
.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 4 (2018 - 2).
ASSETRIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2019
- 3 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2018
11,126
Additions
13,046
At 31 March 2019
24,172
Depreciation and impairment
At 1 April 2018
4,006
Depreciation charged in the year
4,033
At 31 March 2019
8,039
Carrying amount
At 31 March 2019
16,133
At 31 March 2018
7,120
4
Creditors: amounts falling due within one year
2019
2018
£
£
Other creditors
23,841
18,588
5
Called up share capital
2019
2018
£
£
Ordinary share capital
Issued and fully paid
4 Ordinary of £1 each
4
4