Company Registration No. 07012967 (England and Wales)
ANGLE AND CURVE LIMITED
Unaudited accounts
for the year ended 30 September 2020
ANGLE AND CURVE LIMITED
Unaudited accounts
Contents
ANGLE AND CURVE LIMITED
Company Information
for the year ended 30 September 2020
Company Number
07012967 (England and Wales)
Registered Office
24 MARIGOLD ROAD
STRATFORD-UPON-AVON
WARWICKSHIRE
CV37 7DW
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
ANGLE AND CURVE LIMITED
Statement of financial position
as at
30 September 2020
Tangible assets
1,546
1,601
Cash at bank and in hand
964
252
Creditors: amounts falling due within one year
(8,005)
(3,819)
Net current liabilities
(6,755)
(3,161)
Net liabilities
(5,209)
(1,560)
Called up share capital
100
100
Profit and loss account
(5,309)
(1,660)
Shareholders' funds
(5,209)
(1,560)
For the year ending 30 September 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 director acknowledges her 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 and authorised for issue on 28 June 2021 and were signed on its behalf by
Sarah Wheeler
Director
Company Registration No. 07012967
ANGLE AND CURVE LIMITED
Notes to the Accounts
for the year ended 30 September 2020
ANGLE AND CURVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07012967. The registered office is 24 MARIGOLD ROAD, STRATFORD-UPON-AVON, WARWICKSHIRE, CV37 7DW.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 30 September 2020
3,215
At 30 September 2020
1,669
At 30 September 2020
1,546
At 30 September 2019
1,601
ANGLE AND CURVE LIMITED
Notes to the Accounts
for the year ended 30 September 2020
5
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
126
(164)
Loans from directors
7,434
-
6
Share capital
2020
2019
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Transactions with related parties
During the year, the company received a loan amounting to £7434 from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).