Company Registration No. 10752545 (England and Wales)
ADAMS INDUSTRIAL DOORS LTD
Unaudited accounts
for the period from 3 May 2017 to 31 March 2018
ADAMS INDUSTRIAL DOORS LTD
Unaudited accounts
Contents
ADAMS INDUSTRIAL DOORS LTD
Company Information
for the period from 3 May 2017 to 31 March 2018
Directors
T Adams
Mrs E Adams
Company Number
10752545 (England and Wales)
Registered Office
24 PLUMTREE WAY
SYSTON
LEICESTERSHIRE
LE7 2LH
ENGLAND
Accountants
AJD Accountancy Services Ltd
The Bungalow
Coppice Lane
Queniborough
Leicester
LE7 3DR
ADAMS INDUSTRIAL DOORS LTD
Statement of financial position
as at
31 March 2018
Cash at bank and in hand
380
Creditors: amounts falling due within one year
(19,420)
Net current liabilities
(3,416)
Total assets less current liabilities
1,059
Provisions for liabilities
Called up share capital
100
Profit and loss account
129
For the period ending 31 March 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 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 9 April 2018.
T Adams
Director
Company Registration No. 10752545
ADAMS INDUSTRIAL DOORS LTD
Notes to the Accounts
for the period from 3 May 2017 to 31 March 2018
ADAMS INDUSTRIAL DOORS LTD is a private company, limited by shares, registered in England and Wales, registration number 10752545. The registered office is 24 PLUMTREE WAY, SYSTON, LEICESTERSHIRE, LE7 2LH, ENGLAND.
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 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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% on reducing balance
Motor vehicles
20% on reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
1,518
4,800
6,318
At 31 March 2018
1,518
3,850
5,368
Charge for the period
253
640
893
At 31 March 2018
253
640
893
At 31 March 2018
1,265
3,210
4,475
ADAMS INDUSTRIAL DOORS LTD
Notes to the Accounts
for the period from 3 May 2017 to 31 March 2018
Accrued income and prepayments
398
6
Creditors: amounts falling due within one year
2018
Taxes and social security
6,453
Loans from directors
5,303
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
8
Average number of employees
During the period the average number of employees was 2.