Company Registration No. 09777422 (England and Wales)
Northwick Storage Limited
Unaudited accounts
for the year ended 30 September 2017
Northwick Storage Limited
Unaudited accounts
Contents
Northwick Storage Limited
Company Information
for the year ended 30 September 2017
Directors
A Tundervary
D Tundervary
Company Number
09777422 (England and Wales)
Registered Office
4 LAMBOURNE
CANVEY ISLAND
ESSEX
SS8 0FG
Accountants
TJS Accountancy Services Limited
4 Lambourne
Canvey Island
Essex
SS8OFG
Northwick Storage Limited
Statement of financial position
as at
30 September 2017
Intangible assets
20,000
20,000
Tangible assets
115,589
16,227
Cash at bank and in hand
11,169
6,650
Creditors: amounts falling due within one year
(135,140)
(48,138)
Net current liabilities
(123,971)
(41,488)
Total assets less current liabilities
11,618
(5,261)
Creditors: amounts falling due after more than one year
(53,380)
-
Net liabilities
(41,762)
(5,261)
Called up share capital
100
100
Profit and loss account
(41,862)
(5,361)
Shareholders' funds
(41,762)
(5,261)
For the year ending 30 September 2017 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 directors acknowledge their 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.
Approved by the Board on 28 June 2018.
A Tundervary
Director
Company Registration No. 09777422
Northwick Storage Limited
Notes to the Accounts
for the year ended 30 September 2017
Northwick Storage Limited is a private company, limited by shares, registered in England and Wales, registration number 09777422. The registered office is 4 LAMBOURNE, CANVEY ISLAND, ESSEX, SS8 0FG.
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.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 15 September 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Fixtures & fittings
25% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Northwick Storage Limited
Notes to the Accounts
for the year ended 30 September 2017
4
Intangible fixed assets
Goodwill
At 30 September 2017
20,000
At 30 September 2017
20,000
At 30 September 2016
20,000
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 30 September 2017
159,527
Charge for the year
38,529
At 30 September 2017
43,938
At 30 September 2017
115,589
At 30 September 2016
16,227
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
36,652
-
Obligations under finance leases and hire purchase contracts
41,562
13,368
Taxes and social security
17,751
1,520
Loans from directors
38,202
32,277
7
Creditors: amounts falling due after more than one year
2017
2016
Obligations under finance leases and hire purchase contracts
53,380
-
Northwick Storage Limited
Notes to the Accounts
for the year ended 30 September 2017
8
Share capital
2017
2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).