Ship It Appliances Limited Filleted accounts for Companies House (small and micro)
Ship It Appliances Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
07705721
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ABRIDGED STATEMENT OF FINANCIAL POSITION |
2018 |
2017 |
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Note |
£ |
£ |
£ |
£ |
FIXED ASSETS
Tangible assets |
5 |
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CURRENT ASSETS
Stocks |
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Debtors |
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Cash at bank and in hand |
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------------- |
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CREDITORS: amounts falling due within one year |
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NET CURRENT (LIABILITIES)/ASSETS |
(
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TOTAL ASSETS LESS CURRENT LIABILITIES |
(
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PROVISIONS |
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– |
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NET (LIABILITIES)/ASSETS |
(
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CAPITAL AND RESERVES
Called up share capital |
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Share premium account |
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Profit and loss account |
(
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SHAREHOLDERS (DEFICIT)/FUNDS |
(
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In accordance with section 444 of the Companies Act 2006, the abridged income statement has not been delivered.
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ABRIDGED STATEMENT OF FINANCIAL POSITION (continued) |
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year 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 abridged financial statements
.
These abridged financial statements were approved by the
board of directors
and authorised for issue on
24 September 2019
, and are signed on behalf of the board by:
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Director |
Company registration number:
07705721
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NOTES TO THE ABRIDGED FINANCIAL STATEMENTS |
YEAR ENDED 31 DECEMBER 2018
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is 1 Derby Road, Eastwood, Nottingham, NG16 3PA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Foreign currencies
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 Improvements |
- |
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Equipment |
- |
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Motor vehicles |
- |
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Impairment of fixed assets
Stocks
Provisions
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
29
(2017:
20
).
5.
Tangible assets
£ |
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Cost |
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At 1 January 2018 |
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Additions |
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Disposals |
(
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At 31 December 2018 |
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Depreciation |
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At 1 January 2018 |
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Charge for the year |
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Disposals |
(
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At 31 December 2018 |
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Carrying amount |
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At 31 December 2018 |
237,808 |
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At 31 December 2017 |
183,528 |
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6.
Directors' advances, credits and guarantees