Company No:
Contents
DIRECTORS | Kevin David James Beattie |
Lindsay Craig Beattie | |
SECRETARY | Lindsay Beattie |
REGISTERED OFFICE | 34 Leggart Crescent |
Aberdeen | |
AB12 5UR | |
United Kingdom | |
COMPANY NUMBER | SC223272(Scotland) |
ACCOUNTANT | Acumen Accountants & Advisors Limited |
Acumen House | |
Grange Road | |
Peterhead | |
AB42 1WN |
31.10.2020 | 31.10.2019 | |||
Note | £ | £ | ||
Restated - note 2 | ||||
Fixed assets | ||||
Tangible assets | 5 |
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1,887 | 2,319 | |||
Current assets | ||||
Debtors | 6 |
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Cash at bank and in hand | 7 |
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15,374 | 6,300 | |||
Creditors | ||||
Amounts falling due within one year | 8 | (
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Net current assets | 6,943 | 3,652 | ||
Total assets less current liabilities | 8,830 | 5,971 | ||
Provisions for liabilities | (
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Net assets |
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Capital and reserves | ||||
Called-up share capital | 9 |
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Profit and loss account |
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Total shareholders' funds |
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Directors’ responsibilities:
The financial statements of Kevin Beattie Plumbing & Heating Services Limited (registered number:
Kevin David James Beattie
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year.
Kevin Beattie Plumbing & Heating Services Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 34 Leggart Crescent, Aberdeen, AB12 5UR, , United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council.
The functional currency of Kevin Beattie Plumbing & Heating Services Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
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 balance sheet date.
Plant & Machinery - reducing balance 25%
Office Equipment - reducing balance 25%
Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.
31.10.2020 | 31.10.2019 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors |
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31.10.2020 | 31.10.2019 | ||
£ | £ | ||
Current tax on profit/(loss) | |||
UK corporation tax |
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Adjustments in respect of prior years | |||
UK corporation tax | (
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Total current tax |
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Deferred tax | |||
Movement in the year | (82) | (109) | |
Total deferred tax | (
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Total tax on profit/(loss) |
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Plant and machinery | Office equipment | Total | |||
£ | £ | £ | |||
Cost | |||||
At 01 November 2019 |
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At 31 October 2020 |
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Accumulated depreciation | |||||
At 01 November 2019 |
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Charge for the financial year |
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At 31 October 2020 |
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Net book value | |||||
At 31 October 2020 |
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At 31 October 2019 |
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31.10.2020 | 31.10.2019 | ||
£ | £ | ||
Trade debtors |
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Accrued income |
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Other debtors |
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31.10.2020 | 31.10.2019 | ||
£ | £ | ||
Cash at bank and in hand |
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31.10.2020 | 31.10.2019 | ||
£ | £ | ||
Amounts owed to directors |
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Other creditors |
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Accruals |
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Corporation tax |
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Other taxation and social security |
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31.10.2020 | 31.10.2019 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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Transactions with the entity's directors
31.10.2020 | 31.10.2019 | ||
£ | £ | ||
As at 31/10/2020 there was a balance due to the director | 4,640 | 176 |
Advances