Company Registration No. 05976836 (England and Wales)
Steam Queens Limited
Unaudited accounts
for the year ended 31 October 2020
Steam Queens Limited
Unaudited accounts
Contents
Steam Queens Limited
Company Information
for the year ended 31 October 2020
Directors
Mrs L Davies
Mr M Davies
Company Number
05976836 (England and Wales)
Registered Office
17 BRYANT ROAD, TAW
HILL, SWINDON
WILTSHIRE
SN25 1TB
Steam Queens Limited
Statement of financial position
as at
31 October 2020
Tangible assets
1,355
1,807
Cash at bank and in hand
1,086
555
Creditors: amounts falling due within one year
(2,343)
(11,513)
Net current assets/(liabilities)
3,689
(5,033)
Total assets less current liabilities
5,044
(3,226)
Creditors: amounts falling due after more than one year
(5,000)
-
Net assets/(liabilities)
44
(3,226)
Called up share capital
1
1
Profit and loss account
43
(3,227)
Shareholders' funds
44
(3,226)
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2020 and were signed on its behalf by
Mrs L Davies
Director
Company Registration No. 05976836
Steam Queens Limited
Notes to the Accounts
for the year ended 31 October 2020
Steam Queens Limited is a private company, limited by shares, registered in England and Wales, registration number 05976836. The registered office is 17 BRYANT ROAD, TAW, HILL, SWINDON, WILTSHIRE, SN25 1TB.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight line Method
Computer equipment
25% Straight line Method
Steam Queens Limited
Notes to the Accounts
for the year ended 31 October 2020
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2019
8,154
1,257
9,411
At 31 October 2020
8,154
1,257
9,411
At 1 November 2019
6,420
1,184
7,604
Charge for the year
433
19
452
At 31 October 2020
6,853
1,203
8,056
At 31 October 2020
1,301
54
1,355
At 31 October 2019
1,734
73
1,807
Raw materials
3,827
4,436
Trade debtors
1,119
1,489
7
Creditors: amounts falling due within one year
2020
2019
Obligations under finance leases and hire purchase contracts
-
1,036
Trade creditors
3,338
3,180
Taxes and social security
2,280
2,629
Loans from directors
(4,000)
3
8
Creditors: amounts falling due after more than one year
2020
2019
9
Share capital
2020
2019
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Steam Queens Limited
Notes to the Accounts
for the year ended 31 October 2020
10
Average number of employees
During the year the average number of employees was 1 (2019: 1).