Registered number: 05173961 | ||||||||
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FOR THE YEAR ENDED 05/04/2019 | ||||||||
Prepared By: | ||||||||
P R Farman Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 05/04/2019 | ||||||||
DIRECTORS | ||||||||
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SECRETARY | ||||||||
RAYMOND FARMAN | ||||||||
REGISTERED OFFICE | ||||||||
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Northants | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05173961 | ||||||||
ACCOUNTANTS |
P R Farman Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 05/04/2019 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
P R Farman Limited | ||||||||
BALANCE SHEET AT
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2019 | 2018 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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CURRENT ASSETS | ||||||||||
Debtors | 3 |
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Cash at bank and in hand |
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38,163 | 15,692 | |||||||||
CREDITORS: Amounts falling due within one year | 4 |
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NET CURRENT ASSETS |
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7,402 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS FOR LIABILITIES AND CHARGES | 6 |
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NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 |
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Profit and loss account | 28,895 | 4,220 | ||||||||
SHAREHOLDERS' FUNDS |
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Difference on accounts | - | 5,980 | ||||||||
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
P R Farman Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 05/04/2019 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Commercial Vehicles | reducing balance 25% | |||||||
Equipment | reducing balance 20% |
2. TANGIBLE FIXED ASSETS | ||||||
Commercial | ||||||
Vehicles | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 06/04/2018 | 7,498 | 720 | 8,218 | |||
At 05/04/2019 | 7,498 | 720 | 8,218 | |||
Depreciation | ||||||
At 06/04/2018 | 4,335 | 425 | 4,760 | |||
For the year | 791 | 59 | 850 | |||
At 05/04/2019 | 5,126 | 484 | 5,610 | |||
Net Book Amounts | ||||||
At 05/04/2019 |
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2,608 | |||
At 05/04/2018 |
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3,458 | |||
3. DEBTORS | 2019 | 2018 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 1 | 1,712 | ||||||
VAT | 891 | 643 | ||||||
PAYE control | 15,810 | 6,893 | ||||||
Directors current account | 9,749 | 6,432 | ||||||
26,451 | 15,680 | |||||||
P R Farman Limited | ||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2019 | 2018 | |||||||
£ | £ | |||||||
UK corporation tax | 10,195 | 6,219 | ||||||
Trade creditors | 1 | 1,336 | ||||||
Accruals | 1,020 | 735 | ||||||
11,216 | 8,290 | |||||||
5. EMPLOYEES | ||||||
2019 | 2018 | |||||
No. | No. | |||||
Average number of employees | - | 1 | ||||
6. PROVISIONS FOR LIABILITIES | 2019 | 2018 | ||||||
£ | £ | |||||||
Deferred taxation | 657 | 657 | ||||||
657 | 657 | |||||||
7. SHARE CAPITAL | 2019 | 2018 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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2 | 2 | ||||||
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1 | 1 | ||||||
3 | 3 | |||||||
New shares issued during period: | ||||||||
1
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1 | 1 | ||||||
8. RELATED PARTY TRANSACTIONS | ||||||||
During the period, total dividends of £26,250 (2018 - £12,200) were paid to the director. | ||||||||
There were various transactions between the director and the company during the period, at the end of the period the director owed the company £9,749 (2018 - £6,432) | ||||||||