Registered number: 08577853 | ||||||||
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FOR THE YEAR ENDED 31/03/2019 | ||||||||
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Prepared By: | ||||||||
R F Love and Company | ||||||||
Chartered Accountant | ||||||||
78 Basepoint Business Centre | ||||||||
Yeoford Way, Marsh Barton | ||||||||
Exeter | ||||||||
Devon | ||||||||
EX2 8LB |
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Sowton MOTs Ltd | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2019 | ||||||||
DIRECTORS | ||||||||
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REGISTERED OFFICE | ||||||||
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Devon | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 08577853 | ||||||||
ACCOUNTANTS | ||||||||
R F Love and Company | ||||||||
Chartered Accountant | ||||||||
78 Basepoint Business Centre | ||||||||
Yeoford Way, Marsh Barton | ||||||||
Exeter | ||||||||
Devon | ||||||||
EX2 8LB |
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Sowton MOTs Ltd | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2019 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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Sowton MOTs Ltd | ||||||||
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BALANCE SHEET AT
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2019 | 2018 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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CURRENT ASSETS | ||||||||||
Debtors | 3 |
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Cash at bank and in hand |
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221,268 | 130,777 | |||||||||
CREDITORS: Amounts falling due within one year | 4 |
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NET CURRENT ASSETS |
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65,808 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 |
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Profit and loss account | 131,786 | 88,787 | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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Sowton MOTs Ltd | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2019 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Long Leasehold Properties | reducing balance 20% | |||||||
Plant and Machinery | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 25% | |||||||
Equipment | reducing balance 25% | |||||||
Motor Cars | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. TANGIBLE FIXED ASSETS | ||||||||||||
Long Leasehold | Plant and | Fixtures | ||||||||||
Properties | Machinery | and Fittings | Equipment | Motor Cars | Total | |||||||
£ | £ | £ | £ | £ | £ | |||||||
Cost | ||||||||||||
At 01/04/2018 | 9,628 | 27,842 | 779 | 932 | 14,995 | 54,176 | ||||||
Additions | - | 505 | - | - | 4,000 | 4,505 | ||||||
At 31/03/2019 | 9,628 | 28,347 | 779 | 932 | 18,995 | 58,681 | ||||||
Depreciation | ||||||||||||
At 01/04/2018 | 5,778 | 17,819 | 499 | 538 | 6,561 | 31,195 | ||||||
For the year | 1,283 | 2,607 | 70 | 98 | 3,109 | 7,167 | ||||||
At 31/03/2019 | 7,061 | 20,426 | 569 | 636 | 9,670 | 38,362 | ||||||
Net Book Amounts | ||||||||||||
At 31/03/2019 | 2,567 |
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20,319 | ||||||
At 31/03/2018 | 3,850 |
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22,981 | ||||||
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Sowton MOTs Ltd | ||||||||
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3. DEBTORS | 2019 | 2018 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 35,692 | 679 | ||||||
Other debtors | 22,000 | - | ||||||
57,692 | 679 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2019 | 2018 | |||||||
£ | £ | |||||||
UK corporation tax | 11,471 | 16,525 | ||||||
VAT | 11,979 | 4,623 | ||||||
PAYE control | 1,459 | 695 | ||||||
Directors current account | 20,906 | 18,390 | ||||||
Trade creditors | 11,768 | 11,176 | ||||||
Other creditors | 50,216 | 12,060 | ||||||
Accruals | 2,000 | 1,500 | ||||||
109,799 | 64,969 | |||||||
5. EMPLOYEES | ||||||
2019 | 2018 | |||||
No. | No. | |||||
Average number of employees | - | - | ||||
6. SHARE CAPITAL | 2019 | 2018 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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2 | 2 | ||||||
2 | 2 | |||||||
New shares issued during period: | ||||||||
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1 | |||||||
- | 1 | |||||||