Modena Accountancy Services Limited
|
Registered Number
:
05524726
|
For the year ended 31 August 2020
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2020
Modena Accountancy Services Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Modena Accountancy Services Limited
Statement of Financial Position
2019
2020
8,303
9,965
2
8,303
9,965
Trade and other receivables
|
164,052
5,925
3
1,126
Cash and cash equivalents
|
18,198
24,123
165,178
Trade and other payables
:
amounts falling due within one
|
year
|
(37,401)
(35,908)
4
127,777
(11,785)
Net current liabilities
Total assets less current liabilities
|
(3,482)
137,742
(3,482)
Net assets/liabilities
137,742
1,000
1,000
(4,482)
136,742
(3,482)
137,742
Shareholders' funds
For the year ended 31 August 2020 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 August 2020 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his 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.
|
These financial statements were approved and authorised for issue by the Board on 21 May 2021 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 August 2020
Modena Accountancy Services Limited
Notes to the Financial Statements
Statutory Information
Modena Accountancy Services Limited is a private limited company
,
limited by shares
,
domiciled in England and
|
Wales
,
registration number
05524726
.
|
148 Portland Road
Hove
East Sussex
BN3 5QL
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.
|
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of 20 years.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2
.
Intangible fixed assets
|
Goodwill
33,233
33,233
23,268
1,662
Charge for year
24,930
8,303
9,965
2 of 3
For the year ended 31 August 2020
Modena Accountancy Services Limited
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2019
2020
3,935
3,112
1,990
160,940
164,052
5,925
4
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
Taxation and social security
|
31,694
33,501
4,214
3,900
35,908
37,401
5
.
Average number of persons employed
|
During the year the average number of employees was 1 (2019 : 1)
3 of 3