Modwood Limited Filleted accounts for Companies House (small and micro)
Modwood Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
01097023
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For the period ended |
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Statement of Financial Position |
31 Aug 18 |
28 Feb 17 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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Provisions
Taxation including deferred tax |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
31 May 2019
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
01097023
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Notes to the Financial Statements |
Period from 1 March 2017 to 31 August 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 11 Queens Road, Brentwood, Essex, CM14 4HE.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Leasehold Property |
- |
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Plant and Machinery |
- |
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Motor Vehicles |
- |
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Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Provisions
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
14
(2017:
11
).
5.
Tangible assets
Land and buildings |
Plant and machinery |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 March 2017 |
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Additions |
– |
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– |
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Disposals |
– |
– |
(
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(
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------- |
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At 31 August 2018 |
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– |
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------- |
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Depreciation |
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At 1 March 2017 |
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Charge for the period |
– |
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– |
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Disposals |
– |
– |
(
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(
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------- |
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At 31 August 2018 |
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– |
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Carrying amount |
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At 31 August 2018 |
– |
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– |
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------- |
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At 28 February 2017 |
– |
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6.
Debtors
31 Aug 18 |
28 Feb 17 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
31 Aug 18 |
28 Feb 17 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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8.
Creditors:
amounts falling due after more than one year
31 Aug 18 |
28 Feb 17 |
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£ |
£ |
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Other creditors |
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9.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
31 Aug 18 |
28 Feb 17 |
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£ |
£ |
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Later than 1 year and not later than 5 years |
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Later than 5 years |
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10.
Directors' advances, credits and guarantees
During the period the directors entered into the following advances and credits with the company:
31 Aug 18 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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28 Feb 17 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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(
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