Company Registration No. 12289190 (England and Wales)
1ST CLASS PLASTERING LTD
Unaudited accounts
for the year ended 31 October 2021
1ST CLASS PLASTERING LTD
Unaudited accounts
Contents
1ST CLASS PLASTERING LTD
Company Information
for the year ended 31 October 2021
Directors
Mr G Codd
Mr C Richards
Company Number
12289190 (England and Wales)
Registered Office
5 & 7 Pellew Arcade Teign Street
Teignmouth
Devon
TQ14 8EB
Accountants
Sean Clarke Accountancy
PO Box 50
Newton Abbot
Devon
TQ13 9ZA
1ST CLASS PLASTERING LTD
Statement of financial position
as at
31 October 2021
Tangible assets
2,531
3,375
Cash at bank and in hand
3,547
12,734
Creditors: amounts falling due within one year
(17,146)
(11,720)
Net current assets
5,859
13,561
Called up share capital
100
100
Profit and loss account
8,290
16,836
Shareholders' funds
8,390
16,936
For the year ending 31 October 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2022 and were signed on its behalf by
Mr G Codd
Director
Company Registration No. 12289190
1ST CLASS PLASTERING LTD
Notes to the Accounts
for the year ended 31 October 2021
1ST CLASS PLASTERING LTD is a private company, limited by shares, registered in England and Wales, registration number 12289190. The registered office is 5 & 7 Pellew Arcade Teign Street, Teignmouth, Devon, TQ14 8EB.
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.
These financial statements for the year ended 31 October 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2019.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% Reducing balance
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
1ST CLASS PLASTERING LTD
Notes to the Accounts
for the year ended 31 October 2021
5
Debtors: amounts falling due within one year
2021
2020
Other debtors
18,638
12,547
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
16,485
11,059
7
Average number of employees
During the year the average number of employees was 2 (2020: 2).