Company Registration No. 10464178 (England and Wales)
SAFFA HYDRAULICS AND ENGINEERING LIMITED
Unaudited accounts
for the year ended 30 November 2018
SAFFA HYDRAULICS AND ENGINEERING LIMITED
Unaudited accounts
Contents
SAFFA HYDRAULICS AND ENGINEERING LIMITED
Company Information
for the year ended 30 November 2018
Director
Mr Michael Anderson
Company Number
10464178 (England and Wales)
Registered Office
140 ST PETERS STREET
LOWESTOFT
NR32 1UD
Accountants
P Lacey & Associates
Office 17
2 Regent House
Lowestoft
NR32 1PA
SAFFA HYDRAULICS AND ENGINEERING LIMITED
Statement of financial position
as at
30 November 2018
Tangible assets
18,566
21,682
Cash at bank and in hand
392
71
Creditors: amounts falling due within one year
(931)
(9,968)
Net current liabilities
(539)
(9,897)
Called up share capital
1
1
Profit and loss account
18,026
11,784
Shareholders' funds
18,027
11,785
For the year ending 30 November 2018 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.
Approved by the Board on 14 March 2019.
Mr Michael Anderson
Director
Company Registration No. 10464178
SAFFA HYDRAULICS AND ENGINEERING LIMITED
Notes to the Accounts
for the year ended 30 November 2018
SAFFA HYDRAULICS AND ENGINEERING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10464178. The registered office is 140 ST PETERS STREET, LOWESTOFT, NR32 1UD.
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.
The accounts are presented in £ sterling.
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:
Plant & machinery
15% reducing balance
Motor vehicles
15% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2017
20,685
4,374
449
25,508
At 30 November 2018
20,845
4,374
449
25,668
At 1 December 2017
3,103
656
67
3,826
Charge for the year
2,661
558
57
3,276
At 30 November 2018
5,764
1,214
124
7,102
At 30 November 2018
15,081
3,160
325
18,566
At 30 November 2017
17,582
3,718
382
21,682
SAFFA HYDRAULICS AND ENGINEERING LIMITED
Notes to the Accounts
for the year ended 30 November 2018
5
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
326
-
6
Share capital
2018
2017
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 1 (2017: 1).