Paul Havard Drilling Limited - Accounts to registrar (filleted) - small 18.2
Paul Havard Drilling Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 NOVEMBER 2017 TO 31 MARCH 2019 |
| FOR |
| PAUL HAVARD DRILLING LIMITED |
| PAUL HAVARD DRILLING LIMITED (REGISTERED NUMBER: 07809320) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Period 1 November 2017 to 31 March 2019 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| PAUL HAVARD DRILLING LIMITED |
| COMPANY INFORMATION |
| for the Period 1 November 2017 to 31 March 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Douglas Bank House |
| Wigan Lane |
| Wigan |
| Lancashire |
| WN1 2TB |
| PAUL HAVARD DRILLING LIMITED (REGISTERED NUMBER: 07809320) |
| STATEMENT OF FINANCIAL POSITION |
| 31 March 2019 |
| 2019 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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. |
| PAUL HAVARD DRILLING LIMITED (REGISTERED NUMBER: 07809320) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 31 March 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
| The financial statements were approved by the director on |
| PAUL HAVARD DRILLING LIMITED (REGISTERED NUMBER: 07809320) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Period 1 November 2017 to 31 March 2019 |
| 1. | STATUTORY INFORMATION |
| Paul Havard Drilling Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The principal accounting policies adopted in the preparation of the financial statements are set out below. |
| The disclosure requirements of section 1a of FRS 102 have been applied other than where additional disclosure |
| is required to show a true and fair view. |
| Turnover |
| Turnover represents the value of site investigation work undertaken in the year, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Financial instruments |
| The following assets and liabilities are classified as financial instruments; trade debtors, Directors' loan accounts, |
| trade creditors and accruals. |
| Financial instruments that are payable or receivable within one year, typically trade debtors, Directors' loan |
| accounts, trade creditors and accruals and are measured initially and subsequently at the undiscounted amount of |
| the cash or other consideration that is expected to be paid or received. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| PAUL HAVARD DRILLING LIMITED (REGISTERED NUMBER: 07809320) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 1 November 2017 to 31 March 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 November 2017 |
| Additions |
| At 31 March 2019 |
| DEPRECIATION |
| At 1 November 2017 |
| Charge for period |
| At 31 March 2019 |
| NET BOOK VALUE |
| At 31 March 2019 |
| At 31 October 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2017 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |