Company Registration No. 12097321 (England and Wales)
POUL & SONS LIMITED
Unaudited accounts
for the year ended 31 July 2021
POUL & SONS LIMITED
Unaudited accounts
Contents
POUL & SONS LIMITED
Company Information
for the year ended 31 July 2021
Company Number
12097321 (England and Wales)
Registered Office
2 GREENFORD CLOSE
NUTHALL
NOTTINGHAM
NG16 1RH
ENGLAND
POUL & SONS LIMITED
Statement of financial position
as at
31 July 2021
Tangible assets
17,600
19,800
Inventories
48,000
48,000
Cash at bank and in hand
42,182
38,058
Creditors: amounts falling due within one year
(9,023)
(6,345)
Net current assets
91,259
82,313
Total assets less current liabilities
108,859
102,113
Creditors: amounts falling due after more than one year
(75,000)
(87,000)
Called up share capital
100
100
Profit and loss account
33,759
15,013
Shareholders' funds
33,859
15,113
For the year ending 31 July 2021 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 31 August 2021 and were signed on its behalf by
Satpal Singh
Director
Company Registration No. 12097321
POUL & SONS LIMITED
Notes to the Accounts
for the year ended 31 July 2021
POUL & SONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12097321. The registered office is 2 GREENFORD CLOSE, NUTHALL, NOTTINGHAM, NG16 1RH, 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 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:
Fixtures & fittings
10% Straightline basis
Computer equipment
10% Straight line basis
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2020
20,000
2,000
22,000
At 31 July 2021
20,000
2,000
22,000
At 1 August 2020
2,000
200
2,200
Charge for the year
2,000
200
2,200
At 31 July 2021
4,000
400
4,400
At 31 July 2021
16,000
1,600
17,600
At 31 July 2020
18,000
1,800
19,800
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Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
2,600
2,600
Debtors: amounts falling due after more than one year
POUL & SONS LIMITED
Notes to the Accounts
for the year ended 31 July 2021
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
2,130
1,730
Taxes and social security
3,643
3,065
7
Creditors: amounts falling due after more than one year
2021
2020
Loans from directors
25,000
37,000
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Average number of employees
During the year the average number of employees was 0 (2020: 0).