Nanotech Coatings UK Limited
|
Registered Number
:
08689686
|
For the year ended 30 September 2019
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2019
Nanotech Coatings UK Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Nanotech Coatings UK Limited
Statement of Financial Position
2018
2019
23,250
23,250
2
Property
,
plant and equipment
|
642
854
3
23,892
24,104
Trade and other receivables
|
6,125
6,671
4
8
Cash and cash equivalents
|
-
6,671
6,133
Trade and other payables
:
amounts falling due within one year
|
(100,312)
(160,666)
5
(94,179)
(153,995)
Net current liabilities
Total assets less current liabilities
|
(130,103)
(70,075)
Trade and other payables
:
amounts falling due after more than one year
|
(30,109)
-
6
(130,103)
Net liabilities
(100,184)
63,050
63,050
25,734
25,734
(218,886)
(188,967)
(130,102)
(100,183)
Shareholders' funds
For the year ended 30 September 2019 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 of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr Kevin Roy Buchler Director
|
These financial statements were approved and authorised for issue by the Board on 29 September 2020 and were signed by:
|
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For the year ended 30 September 2019
Nanotech Coatings UK Limited
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 5
For the year ended 30 September 2019
Nanotech Coatings UK Limited
Notes to the Financial Statements
Statutory Information
Nanotech Coatings UK Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
08689686
.
|
2 Llwyn Passat
Penarth
Vale Of Glamorgan
CF64 1SE
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
102
''
The
|
Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the Companies Act
2006
.
The financial statements have
|
been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
2
.
Intangible fixed assets
|
Goodwill
23,250
23,250
23,250
23,250
3 of 5
For the year ended 30 September 2019
Nanotech Coatings UK Limited
Notes to the Financial Statements Continued
3
.
Property
,
plant and equipment
|
3,393
3,393
Provision for depreciation and impairment
|
2,539
Charge for year
212
2,751
642
854
4
.
Trade and other receivables
|
2018
2019
Taxation and social security
|
6,569
6,023
102
102
6,125
6,671
5
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
Bank loans and overdraft
(
secured
)
|
97,048
38,589
34
2,040
47,754
44,601
Accruals and deferred income
|
2,800
3,015
Directors
'
loan accounts
|
727
19
12,303
12,048
160,666
100,312
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2018
2019
-
30,109
4 of 5
For the year ended 30 September 2019
Nanotech Coatings UK Limited
Notes to the Financial Statements Continued
7
.
Related party transactions
|
As at
30
September
2019
the company owed Worldwide Engagement Limited £
12
,
303
(
2018
:
£
12
,
048
).
Mr Kevin Buchler is the sole
|
director and shareholder of Worldwide Engagement Limited and Nanotech Costings UK Limited
.
|
8
.
Average number of persons employed
|
During the year the average number of employees was 1 (2018 : 1)
5 of 5