Company No:
Contents
DIRECTOR | Mr Ellis Charles Pitt |
REGISTERED OFFICE | 1-3 College Yard |
Worcester | |
United Kingdom | |
COMPANY NUMBER | 06968413(England and Wales) |
CHARTERED ACCOUNTANTS | Bishop Fleming LLP |
1-3 College Yard | |
Worcester | |
WR1 2LB |
2020 | 2019 | |||
Note | £ | £ | ||
Fixed assets | ||||
Tangible assets | 4 |
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15,386 | 18,101 | |||
Current assets | ||||
Debtors | 5 |
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Cash at bank and in hand |
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60,278 | 54,349 | |||
Creditors | ||||
Amounts falling due within one year | 6 | (
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Net current assets | 17,183 | 14,308 | ||
Total assets less current liabilities | 32,569 | 32,409 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital | 7 |
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Profit and loss account |
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Total shareholder's funds |
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Director's responsibilities:
The financial statements of Ellis Pitt Limited (registered number:
Mr Ellis Charles Pitt
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year.
Ellis Pitt Limited (06968413) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 24a Marsh Street, Rothwell, Leeds, LS26 0BB, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council.
The functional currency of Ellis Pitt Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Plant & Machinery - 15%
Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Comprehensive Income as described below.
2020 | 2019 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including director |
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2020 | 2019 | ||
£ | £ | ||
Current tax on (loss)/profit | |||
UK corporation tax |
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Adjustments in respect of prior years | |||
UK corporation tax | (
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Total current tax | (
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Total tax on (loss)/profit | (
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Plant and machinery | Fixtures and fittings | Total | |||
£ | £ | £ | |||
Cost | |||||
At 01 November 2019 |
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At 31 October 2020 |
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Accumulated depreciation | |||||
At 01 November 2019 |
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Charge for the financial year |
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At 31 October 2020 |
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Net book value | |||||
At 31 October 2020 |
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At 31 October 2019 |
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2020 | 2019 | ||
£ | £ | ||
Trade debtors |
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Other debtors |
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2020 | 2019 | ||
£ | £ | ||
Trade creditors |
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Amounts owed to director |
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Accruals |
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Corporation tax |
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Other taxation and social security |
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2020 | 2019 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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