REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 30TH JUNE 2020 |
|
FOR |
|
ACTIVATED CARBON INNOVATION UK LTD |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 30TH JUNE 2020 |
|
FOR |
|
ACTIVATED CARBON INNOVATION UK LTD |
ACTIVATED CARBON INNOVATION UK LTD (REGISTERED NUMBER: 11937650) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH JUNE 2020 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 4 |
|
ACTIVATED CARBON INNOVATION UK LTD |
|
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH JUNE 2020 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACTIVATED CARBON INNOVATION UK LTD (REGISTERED NUMBER: 11937650) |
|
|
STATEMENT OF FINANCIAL POSITION |
30TH JUNE 2020 |
|
30/6/20 | 30/6/19 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
|
|
Debtors | 4 |
|
|
Cash at bank |
|
|
|
|
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR |
5 |
( |
) |
( |
) |
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR |
6 |
( |
) |
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 7 |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) | ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company. |
ACTIVATED CARBON INNOVATION UK LTD (REGISTERED NUMBER: 11937650) |
|
|
STATEMENT OF FINANCIAL POSITION - continued |
30TH JUNE 2020 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors and authorised for issue on
|
|
|
|
|
|
|
|
ACTIVATED CARBON INNOVATION UK LTD (REGISTERED NUMBER: 11937650) |
|
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH JUNE 2020 |
|
|
1. | STATUTORY INFORMATION |
|
Activated Carbon Innovation Uk Ltd is a
|
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
|
|
TURNOVER |
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and |
value added taxes. Turnover includes revenue earned from the rendering of services. |
|
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. Turnover is only recognised to the extent of |
recoverable expenses when the outcome of a contract cannot be estimated reliably. |
|
STOCKS |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
|
TAXATION |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
|
DEFERRED TAX |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
ACTIVATED CARBON INNOVATION UK LTD (REGISTERED NUMBER: 11937650) |
|
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH JUNE 2020 |
|
|
2. | ACCOUNTING POLICIES - continued |
|
FOREIGN CURRENCIES |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was NIL (2019 - NIL). |
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30/6/20 | 30/6/19 |
£ | £ |
Amounts owed by group undertakings |
|
|
Amounts owed by participating interests | 64,924 | - |
Other debtors |
|
|
|
|
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30/6/20 | 30/6/19 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Amounts owed to group undertakings |
|
|
Taxation and social security |
|
|
|
|
|
6. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
30/6/20 | 30/6/19 |
£ | £ |
Bank loans |
|
|
|
7. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30/6/20 | 30/6/19 |
value: | £ | £ |
|
Ordinary | £1 | 10 | 10 |
ACTIVATED CARBON INNOVATION UK LTD (REGISTERED NUMBER: 11937650) |
|
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH JUNE 2020 |
|
|
8. | RELATED PARTY DISCLOSURES |
|
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
|
It is the opinion of the directors that there are no members of key management personnel other than |
the directors themselves. |
|
All transactions are conducted on an arm's length basis. |
|
9. | ULTIMATE CONTROLLING PARENT |
|
The company's ultimate controlling parent is Chinook Sciences Holdings Limited, a company incorporated in the United Kingdom. Accounts of Chinook Sciences Holdings Limited can be obtained from No. 1 Nottingham Science Park, Jesse Boot Avenue, University Boulevard, Nottingham, NG7 2RU. |