Company Registration No. 5398224 (England and Wales)
THERMARTEX Limited
Unaudited accounts
for the year ended 31 March 2019
THERMARTEX Limited
Unaudited accounts
Contents
THERMARTEX Limited
Company Information
for the year ended 31 March 2019
Company Number
5398224 (England and Wales)
Registered Office
90 BEAUFORT ROAD
CHURCH CROOKHAM
HAMPSHIRE
GU52 6AY
Accountants
Katie Small
3 Park Cottages
Goddards Lane
Camberley
Surrey
GU15 2PX
THERMARTEX Limited
Statement of financial position
as at
31 March 2019
Tangible assets
810
1,079
Cash at bank and in hand
4,348
11,338
Creditors: amounts falling due within one year
(546)
(5,765)
Net current assets
8,466
19,709
Total assets less current liabilities
9,276
20,788
Provisions for liabilities
Other provisions
(162)
(216)
Called up share capital
100
100
Profit and loss account
9,014
20,472
Shareholders' funds
9,114
20,572
For the year ending 31 March 2019 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 31 March 2019.
K Park
Director
Company Registration No. 5398224
THERMARTEX Limited
Notes to the Accounts
for the year ended 31 March 2019
THERMARTEX Limited is a private company, limited by shares, registered in England and Wales, registration number 5398224. The registered office is 90 BEAUFORT ROAD, CHURCH CROOKHAM, HAMPSHIRE, GU52 6AY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
THERMARTEX Limited
Notes to the Accounts
for the year ended 31 March 2019
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Raw materials
2,400
2,500
Trade debtors
2,264
11,636
7
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
-
4,623
Loans from directors
546
1,142
8
Share capital
2019
2018
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2018: 0).