Company Registration No. 10573730 (England and Wales)
Armour Developments Ltd
Unaudited accounts
for the year ended 31 January 2020
Armour Developments Ltd
Unaudited accounts
Contents
Armour Developments Ltd
Company Information
for the year ended 31 January 2020
Directors
Christopher Green
Gareth Tanner
Company Number
10573730 (England and Wales)
Registered Office
Villa House
7 Herbert Terrace
Penarth
CF64 2AH
Wales
Accountants
Evans Entwistle
Villa House
7 Herbert Terrace
Penarth
Vale of Glamorgan
CF64 2AH
Armour Developments Ltd
Statement of financial position
as at
31 January 2020
Inventories
76,872
100,387
Cash at bank and in hand
210
1,871
Creditors: amounts falling due within one year
(4,777)
(1,676)
Net current assets
72,305
100,582
Total assets less current liabilities
72,305
100,582
Creditors: amounts falling due after more than one year
(72,252)
(98,551)
Called up share capital
1
1
Profit and loss account
52
2,030
Shareholders' funds
53
2,031
For the year ending 31 January 2020 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 April 2020.
Christopher Green
Director
Company Registration No. 10573730
Armour Developments Ltd
Notes to the Accounts
for the year ended 31 January 2020
Armour Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 10573730. The registered office is Villa House, 7 Herbert Terrace, Penarth, CF64 2AH, Wales.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
WIP is stated at the lower of cost and estimated selling price less costs to complete and sell. The cost of work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, WIP is assessed for impairment. If WIP is impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
Borrowing costs that are directly attributable to the acquisition, construction or production of properties are being capitalised.
Work in progress
76,872
100,387
5
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
3,899
476
Armour Developments Ltd
Notes to the Accounts
for the year ended 31 January 2020
6
Creditors: amounts falling due after more than one year
2020
2019
Other creditors
72,252
38,551
7
Share capital
2020
2019
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).