Registered number: 9934658 | ||||||||
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FOR THE YEAR ENDED 31 JANUARY 2019 | ||||||||
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Prepared By: | ||||||||
Pritchard & Co | ||||||||
Chartered Certified Accountants | ||||||||
Ffynnonddofn | ||||||||
74 High Street | ||||||||
Fishguard | ||||||||
Pembrokeshire | ||||||||
SA65 9AU |
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Paul Isaac Castings Limited | ||||||||
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FINANCIAL STATEMENTS | ||||||||
FOR THE YEAR ENDED 31 JANUARY 2019 | ||||||||
DIRECTORS | ||||||||
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REGISTERED OFFICE | ||||||||
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Pembrokeshire | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in WA - Wales, registered number 9934658 | ||||||||
ACCOUNTANTS | ||||||||
Pritchard & Co | ||||||||
Chartered Certified Accountants | ||||||||
Ffynnonddofn | ||||||||
74 High Street | ||||||||
Fishguard | ||||||||
Pembrokeshire | ||||||||
SA65 9AU |
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Paul Isaac Castings Limited | ||||||||
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FINANCIAL STATEMENTS | ||||||||
FOR THE YEAR ENDED 31 JANUARY 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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Paul Isaac Castings Limited | ||||||||
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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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303,651 | 176,362 | |||||||||
CREDITORS: Amounts falling due within one year | 4 |
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NET CURRENT ASSETS |
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66,453 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS FOR LIABILITIES AND CHARGES | 6 |
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NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 |
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Profit and loss account | 115,160 | 67,676 | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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Paul Isaac Castings Limited | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 JANUARY 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 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Plant and Machinery | reducing balance 25% |
2. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery | Total | |||
£ | £ | |||
Cost | ||||
At 1 February 2018 | 1,948 | 1,948 | ||
At 31 January 2019 | 1,948 | 1,948 | ||
Depreciation | ||||
At 1 February 2018 | 487 | 487 | ||
For the year | 365 | 365 | ||
At 31 January 2019 | 852 | 852 | ||
Net Book Amounts | ||||
At 31 January 2019 |
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1,096 | ||
At 31 January 2018 |
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1,461 | ||
3. DEBTORS | 2019 | 2018 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 226,799 | 65,999 | ||||||
226,799 | 65,999 | |||||||
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Paul Isaac Castings Limited | ||||||||
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4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2019 | 2018 | |||||||
£ | £ | |||||||
UK corporation tax | 44,108 | 12,825 | ||||||
VAT | 22,048 | 20,148 | ||||||
Directors current account | 4,695 | 19 | ||||||
Trade creditors | 116,964 | 75,917 | ||||||
Other creditors | 1,554 | 1,000 | ||||||
189,369 | 109,909 | |||||||
5. EMPLOYEES | ||||||
2019 | 2018 | |||||
No. | No. | |||||
Average number of employees | 1 | 1 | ||||
6. PROVISIONS FOR LIABILITIES | 2019 | 2018 | ||||||
£ | £ | |||||||
Deferred taxation | 208 | 228 | ||||||
208 | 228 | |||||||
7. SHARE CAPITAL | 2019 | 2018 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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10 | 10 | ||||||
10 | 10 | |||||||
8. CONTROLLING PARTY | ||||||||
The company is controlled by P Isaac by virtue of his 100% shareholding. | ||||||||