Company Registration No. 10214736 (England and Wales)
ADRIAN TODIRICA 5580 LTD
Unaudited accounts
for the year ended 31 May 2022
ADRIAN TODIRICA 5580 LTD
Unaudited accounts
Contents
ADRIAN TODIRICA 5580 LTD
Company Information
for the year ended 31 May 2022
Director
ADRIAN TOMA TODIRICA
Company Number
10214736 (England and Wales)
Registered Office
75 Sawyers Way
Hemel
Hempstead
Hertfordshire
HP2 4DZ
United Kingdom
ADRIAN TODIRICA 5580 LTD
Statement of financial position
as at
31 May 2022
Cash at bank and in hand
26,051
45,012
Creditors: amounts falling due within one year
(14,761)
(10,934)
Net current assets
38,554
56,320
Total assets less current liabilities
38,554
56,320
Creditors: amounts falling due after more than one year
(34,653)
(50,000)
Called up share capital
1
1
Profit and loss account
3,900
6,319
Shareholders' funds
3,901
6,320
For the year ending 31 May 2022 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 24 June 2022 and were signed on its behalf by
ADRIAN TOMA TODIRICA
Director
Company Registration No. 10214736
ADRIAN TODIRICA 5580 LTD
Notes to the Accounts
for the year ended 31 May 2022
ADRIAN TODIRICA 5580 LTD is a private company, limited by shares, registered in England and Wales, registration number 10214736. The registered office is 75 Sawyers Way, Hemel, Hempstead, Hertfordshire, HP2 4DZ, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
The company obtained a Bounce Back Loan from its bankers, of £50,000. The loan is supported by a Government guarantee of up to 80% of the loan and the first year's interest is also met by the Government. This interest is recorded in the profit and loss in the period that it is payable.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
ADRIAN TODIRICA 5580 LTD
Notes to the Accounts
for the year ended 31 May 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
18,870
11,904
Other debtors
8,394
10,338
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,648
-
Taxes and social security
3,579
8,502
Loans from directors
109
763
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 2 (2021: 1).