REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 August 2020 |
|
for |
|
CARBON BLUSH LIMITED |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 August 2020 |
|
for |
|
CARBON BLUSH LIMITED |
CARBON BLUSH LIMITED (REGISTERED NUMBER: 08640179) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 August 2020 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
CARBON BLUSH LIMITED |
|
Company Information |
for the Year Ended 31 August 2020 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
CARBON BLUSH LIMITED (REGISTERED NUMBER: 08640179) |
|
Balance Sheet |
31 August 2020 |
|
31.8.20 | 31.8.19 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
( |
) |
|
CREDITORS |
Amounts falling due after more than one
year |
7 |
|
|
NET LIABILITIES | ( |
) | ( |
) |
|
CAPITAL AND RESERVES |
Called up share capital | 10 |
|
|
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
|
|
|
|
|
The director acknowledges her 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. |
CARBON BLUSH LIMITED (REGISTERED NUMBER: 08640179) |
|
Balance Sheet - continued |
31 August 2020 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
|
The financial statements were approved by the director and authorised for issue on
|
|
|
|
|
|
|
|
CARBON BLUSH LIMITED (REGISTERED NUMBER: 08640179) |
|
Notes to the Financial Statements |
for the Year Ended 31 August 2020 |
|
1. | STATUTORY INFORMATION |
|
Carbon Blush Limited is a
|
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
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 |
|
Short leasehold | - |
|
Equipment | - |
|
Computer equipment | - |
|
|
Going concern |
At the balance sheet date, the company had net liabilities. The impact of Covid-19 is still being assessed but on initial review it would appear that the effect on the company has been mitigated and will be managed by operational changes. In addition, the director has confirmed that she will not withdraw her loan to the detriment of the company or other creditors and she will continue to support the company for the foreseeable future, therefore the accounts have been prepared on a going concern basis. |
|
3. | EMPLOYEES |
|
The average number of employees during the year was
|
CARBON BLUSH LIMITED (REGISTERED NUMBER: 08640179) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2020 |
|
4. | TANGIBLE FIXED ASSETS |
Short | Computer |
leasehold | Equipment | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 September 2019 |
|
|
|
|
Additions |
|
|
|
|
At 31 August 2020 |
|
|
|
|
DEPRECIATION |
At 1 September 2019 |
|
|
|
|
Charge for year |
|
|
|
|
At 31 August 2020 |
|
|
|
|
NET BOOK VALUE |
At 31 August 2020 |
|
|
|
|
At 31 August 2019 |
|
|
|
|
|
5. | DEBTORS |
31.8.20 | 31.8.19 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
|
|
Other debtors |
|
|
|
|
|
Amounts falling due after more than one year: |
Other debtors |
|
|
|
Aggregate amounts |
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.20 | 31.8.19 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.8.20 | 31.8.19 |
£ | £ |
Bank loans |
|
|
CARBON BLUSH LIMITED (REGISTERED NUMBER: 08640179) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2020 |
|
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
31.8.20 | 31.8.19 |
£ | £ |
Amounts falling due in more than five years: |
|
Repayable by instalments |
Bank loans more 5 yr by instal | 3,000 | - |
|
8. | LEASING AGREEMENTS |
|
Minimum lease payments under non-cancellable operating leases fall due as follows: |
31.8.20 | 31.8.19 |
£ | £ |
Within one year |
|
|
Between one and five years |
|
|
|
|
|
9. | SECURED DEBTS |
|
The following secured debts are included within creditors: |
|
31.8.20 | 31.8.19 |
£ | £ |
Bank overdraft |
|
|
|
10. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.8.20 | 31.8.19 |
value: | £ | £ |
|
Ordinary | 1 | 1 | 1 |
|
11. | RELATED PARTY DISCLOSURES |
|
At the year end the company owed the director £111,420 (2019 - £86,115). The loan is interest free and repayable on demand; however, the director has confirmed that this loan will not be withdrawn to the detriment of the company or its other creditors. |