Registration number:
Angle Place Ltd
for the Year Ended 31 October 2021
Angle Place Ltd
Contents
Company Information |
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Service Charge - Balance Sheet |
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Notes to the Financial Statements |
Angle Place Ltd
Company Information
Directors |
Wendy Joan Cockerill Audrey Jean Herring |
Company secretary |
Cobat Secretarial Services Limited |
Registered office |
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Angle Place Ltd
(Registration number: 05183007)
Service Charge Balance Sheet as at 31 October 2021
Note |
2021 |
2020 |
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Current assets |
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Debtors |
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- |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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- |
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Net assets |
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Reserves |
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Called up share capital |
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General reserves |
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Total reserves |
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For the financial year ending 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
Director
Angle Place Ltd
Notes to the Financial Statements for the Year Ended 31 October 2021
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Angle Place Ltd
Notes to the Financial Statements for the Year Ended 31 October 2021
Debtors |
2021 |
2020 |
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Other debtors |
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- |
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- |
Creditors |
Creditors: amounts falling due within one year
2021 |
2020 |
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Due within one year |
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Other creditors |
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- |
Share capital |
Allotted, called up and fully paid shares
2021 |
2020 |
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No. |
£ |
No. |
£ |
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Ordinary of £1 each |
4 |
4 |
4 |
4 |
General Reserves |
The general reserve has been established to meet the cost of large non regular repairs and maintenance work arising.
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