Aluminium & Glass Systems Ltd
|
Registered Number
:
07376623
|
For the year ended 31 August 2020
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2020
Aluminium & Glass Systems Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Aluminium & Glass Systems Ltd
Statement of Financial Position
2019
2020
Property
,
plant and equipment
|
12,372
16,456
2
12,372
16,456
Trade and other receivables
|
16,300
11,152
3
1,673
Cash and cash equivalents
|
21,685
32,837
17,973
Trade and other payables
:
amounts falling due within one
|
year
|
(21,121)
(18,704)
4
(3,148)
14,133
Net current assets
Total assets less current liabilities
|
26,505
13,308
Trade and other payables
:
amounts falling due after more
|
than one year
|
(13,200)
(26,400)
5
105
Net assets
108
100
100
5
8
105
108
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Karl Francis Swales Director
|
These financial statements were approved and authorised for issue by the Board on 14 January 2021 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 August 2020
Aluminium & Glass Systems Ltd
Notes to the Financial Statements
Statutory Information
Aluminium
&
Glass Systems Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
07376623
.
|
90 Hillcrest Road
Rochdale
Lancashire
OL11 2QB
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Motor vehicles
2
.
Property
,
plant and equipment
|
Motor vehicles
23,980
250
23,500
230
230
23,500
250
23,980
Provision for depreciation and impairment
|
7,524
23
7,344
157
Charge for year
4,084
34
4,039
11
11,608
57
11,383
168
62
12,117
193
12,372
73
16,156
227
16,456
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For the year ended 31 August 2020
Aluminium & Glass Systems Ltd
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2019
2020
2,977
12,143
8,175
4,157
16,300
11,152
The debtors above include the following amounts falling due after more than one year
:
|
2,977
12,143
1,115
-
4,092
12,143
4
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
12,104
16,169
Taxation and social security
|
1,770
102
4,830
4,850
18,704
21,121
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2019
2020
18,000
-
8,400
13,200
26,400
13,200
6
.
Average number of persons employed
|
During the year the average number of employees was 1 (2019 : 1)
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