REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2021 to 31 July 2022 |
for |
GTS Nitrogen Services Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2021 to 31 July 2022 |
for |
GTS Nitrogen Services Limited |
GTS Nitrogen Services Limited (Registered number: 07826768) |
Contents of the Financial Statements |
for the Period 1 November 2021 to 31 July 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
GTS Nitrogen Services Limited |
Company Information |
for the Period 1 November 2021 to 31 July 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Suite 4 |
164-170 Queens Road |
Sheffield |
South Yorkshire |
S2 4DH |
GTS Nitrogen Services Limited (Registered number: 07826768) |
Balance Sheet |
31 July 2022 |
31.7.22 | 31.10.21 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks | 5 |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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. |
GTS Nitrogen Services Limited (Registered number: 07826768) |
Balance Sheet - continued |
31 July 2022 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
GTS Nitrogen Services Limited (Registered number: 07826768) |
Notes to the Financial Statements |
for the Period 1 November 2021 to 31 July 2022 |
1. | STATUTORY INFORMATION |
GTS Nitrogen Services Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
GTS Nitrogen Services Limited (Registered number: 07826768) |
Notes to the Financial Statements - continued |
for the Period 1 November 2021 to 31 July 2022 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Motor | Computer |
machinery | fittings | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 November 2021 |
Additions |
At 31 July 2022 |
DEPRECIATION |
At 1 November 2021 |
Charge for period |
At 31 July 2022 |
NET BOOK VALUE |
At 31 July 2022 |
At 31 October 2021 |
5. | STOCKS |
31.7.22 | 31.10.21 |
£ | £ |
Payments on account |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.22 | 31.10.21 |
£ | £ |
Trade debtors |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.22 | 31.10.21 |
£ | £ |
Bank loans and overdrafts |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.7.22 | 31.10.21 |
£ | £ |
Bank loans |