Company Registration No. 04629090 (England and Wales)
HILLVIEW GARAGE (UK) LTD
Unaudited accounts
for the year ended 31 January 2021
HILLVIEW GARAGE (UK) LTD
Unaudited accounts
Contents
HILLVIEW GARAGE (UK) LTD
Company Information
for the year ended 31 January 2021
Director
Stephen James TRICK
Company Number
04629090 (England and Wales)
Registered Office
c/o EP Tax
Unit 2D Castledown Business Park
Andover
Hampshire
SP11 9FA
HILLVIEW GARAGE (UK) LTD
Statement of financial position
as at
31 January 2021
Tangible assets
6,303
8,404
Cash at bank and in hand
84,750
20,778
Creditors: amounts falling due within one year
(54,112)
(9,721)
Net current assets
39,927
22,052
Called up share capital
10
10
Profit and loss account
46,220
30,446
Shareholders' funds
46,230
30,456
For the year ending 31 January 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 7 September 2021 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 2021
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 2D 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.
4
Intangible fixed assets
Goodwill
At 1 February 2020
75,000
At 31 January 2021
75,000
At 1 February 2020
75,000
At 31 January 2021
75,000
HILLVIEW GARAGE (UK) LTD
Notes to the Accounts
for the year ended 31 January 2021
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2020
51,586
6,400
57,986
At 31 January 2021
51,586
6,400
57,986
At 1 February 2020
43,182
6,400
49,582
Charge for the year
2,101
-
2,101
At 31 January 2021
45,283
6,400
51,683
At 31 January 2021
6,303
-
6,303
At 31 January 2020
8,404
-
8,404
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
2,337
4,995
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
40,000
-
Trade creditors
9,357
8,476
Taxes and social security
14,425
8,116
Other creditors
3,325
300
Loans from directors
(13,885)
(8,061)
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Average number of employees
During the year the average number of employees was 3 (2020: 4).