Company Registration No. 04629090 (England and Wales)
HILLVIEW GARAGE (UK) LTD
Unaudited accounts
for the year ended 31 January 2020
HILLVIEW GARAGE (UK) LTD
Unaudited accounts
Contents
HILLVIEW GARAGE (UK) LTD
Company Information
for the year ended 31 January 2020
Director
Stephen James TRICK
Company Number
04629090 (England and Wales)
Registered Office
c/o EP Tax
Unit 2h Castledown Business Park
Andover
Hampshire
SP11 9FA
HILLVIEW GARAGE (UK) LTD
Statement of financial position
as at
31 January 2020
Tangible assets
8,404
11,205
Cash at bank and in hand
20,778
20,514
Creditors: amounts falling due within one year
(9,721)
(10,735)
Net current assets
22,052
22,036
Called up share capital
10
10
Profit and loss account
30,446
33,231
Shareholders' funds
30,456
33,241
For the year ending 31 January 2020 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 28 July 2020 and were signed on its behalf by
Stephen James TRICK
Director
Company Registration No. 04629090
HILLVIEW GARAGE (UK) LTD
Notes to the Accounts
for the year ended 31 January 2020
HILLVIEW GARAGE (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 04629090. The registered office is c/o EP Tax , Unit 2h Castledown Business Park, Andover, Hampshire, SP11 9FA.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 1 February 2019
75,000
At 31 January 2020
75,000
At 1 February 2019
75,000
At 31 January 2020
75,000
HILLVIEW GARAGE (UK) LTD
Notes to the Accounts
for the year ended 31 January 2020
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2019
51,586
6,400
57,986
At 31 January 2020
51,586
6,400
57,986
At 1 February 2019
40,381
6,400
46,781
Charge for the year
2,801
-
2,801
At 31 January 2020
43,182
6,400
49,582
At 31 January 2020
8,404
-
8,404
At 31 January 2019
11,205
-
11,205
Finished goods
6,000
6,000
Trade debtors
4,995
2,563
8
Creditors: amounts falling due within one year
2020
2019
Trade creditors
8,476
9,120
Taxes and social security
8,116
8,086
Other creditors
300
3,694
Loans from directors
(8,061)
(11,365)
9
Average number of employees
During the year the average number of employees was 4 (2019: 3).