Registered number: 05173961 | ||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
FOR THE YEAR ENDED 05/04/2020 | ||||||||
|
||||||||
Prepared By: | ||||||||
Berry Kearsley Stockwell | ||||||||
Accountants | ||||||||
Sterling House | ||||||||
31/32 HIgh Street | ||||||||
Wellingborough | ||||||||
Northants | ||||||||
NN8 4HL |
|
||||||||
P R Farman Limited | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 05/04/2020 | ||||||||
DIRECTORS | ||||||||
|
||||||||
|
||||||||
SECRETARY | ||||||||
Raymond Farman | ||||||||
REGISTERED OFFICE | ||||||||
|
||||||||
|
||||||||
|
||||||||
Northants | ||||||||
|
||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05173961 | ||||||||
ACCOUNTANTS | ||||||||
Berry Kearsley Stockwell | ||||||||
Accountants | ||||||||
Sterling House | ||||||||
31/32 HIgh Street | ||||||||
Wellingborough | ||||||||
Northants | ||||||||
NN8 4HL |
|
||||||||
P R Farman Limited | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 05/04/2020 | ||||||||
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
|
||||||||||
2020 | 2019 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
|
|
|||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 |
|
|
|||||||
25,839 | 25,102 | |||||||||
CREDITORS: Amounts falling due within one year | 4 |
|
|
|||||||
NET CURRENT ASSETS |
|
11,900 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 3,913 | - | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 |
|
|
|||||||
NET ASSETS |
|
|
||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 |
|
|
|||||||
Profit and loss account | 10,341 | 14,009 | ||||||||
SHAREHOLDERS' FUNDS |
|
|
||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
Approved by the board on
|
||||||||||
............................. | ||||||||||
|
||||||||||
Director | ||||||||||
|
||||||||
P R Farman Limited | ||||||||
|
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 05/04/2020 | ||||||||||
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 | ||||||||
|
||||||||
Commercial Vehicles | reducing balance 25% | |||||||
Equipment | reducing balance 20% |
2. TANGIBLE FIXED ASSETS | ||||||
Commercial | ||||||
Vehicles | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 06/04/2019 | 7,498 | 720 | 8,218 | |||
Additions | 8,995 | - | 8,995 | |||
Disposals | (7,499) | - | (7,499) | |||
At 05/04/2020 | 8,994 | 720 | 9,714 | |||
Depreciation | ||||||
At 06/04/2019 | 5,126 | 484 | 5,610 | |||
Disposals | (5,126) | - | (5,126) | |||
For the year | 2,249 | 47 | 2,296 | |||
At 05/04/2020 | 2,249 | 531 | 2,780 | |||
Net Book Amounts | ||||||
At 05/04/2020 |
|
|
6,934 | |||
At 05/04/2019 |
|
|
2,608 | |||
|
||||||||
P R Farman Limited | ||||||||
|
3. DEBTORS | 2020 | 2019 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
VAT | 2,184 | 615 | ||||||
PAYE control | 23,202 | 15,501 | ||||||
Directors current account | 453 | 8,986 | ||||||
25,839 | 25,102 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2020 | 2019 | |||||||
£ | £ | |||||||
UK corporation tax | 11,796 | 11,665 | ||||||
Bank loans and overdrafts | - | 67 | ||||||
Hire purchase | 4,384 | - | ||||||
Trade creditors | - | 450 | ||||||
Accruals | 1,019 | 1,020 | ||||||
17,199 | 13,202 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2020 | 2019 | |||||||
£ | £ | |||||||
Hire purchase >1yr | 3,913 | - | ||||||
3,913 | - | |||||||
6. EMPLOYEES | ||||||
2020 | 2019 | |||||
No. | No. | |||||
Average number of employees |
|
1 | ||||
|
||||||||
P R Farman Limited | ||||||||
|
7. PROVISIONS FOR LIABILITIES | 2020 | 2019 | ||||||
£ | £ | |||||||
Deferred taxation | 1,317 | 496 | ||||||
1,317 | 496 | |||||||
8. SHARE CAPITAL | 2020 | 2019 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
|
2 | 2 | ||||||
|
1 | 1 | ||||||
3 | 3 | |||||||
New shares issued during period: | ||||||||
1
|
1 | |||||||
9. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||