Alucoat Limited - Accounts to registrar (filleted) - small 18.2
Alucoat Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28TH FEBRUARY 2019 |
| FOR |
| ALUCOAT LIMITED |
| ALUCOAT LIMITED (REGISTERED NUMBER: 06515016) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28TH FEBRUARY 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ALUCOAT LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28TH FEBRUARY 2019 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 495 Green Lanes |
| London |
| N13 4BS |
| ALUCOAT LIMITED (REGISTERED NUMBER: 06515016) |
| BALANCE SHEET |
| 28TH FEBRUARY 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| ALUCOAT LIMITED (REGISTERED NUMBER: 06515016) |
| BALANCE SHEET - continued |
| 28TH FEBRUARY 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| ALUCOAT LIMITED (REGISTERED NUMBER: 06515016) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28TH FEBRUARY 2019 |
| 1. | STATUTORY INFORMATION |
| Alucoat Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the year 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 or deferred taxation assets and liabilities are not discounted. |
| 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 balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet 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 year 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. |
| ALUCOAT LIMITED (REGISTERED NUMBER: 06515016) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28TH FEBRUARY 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
| held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
| leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital |
| element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| 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 year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1st March 2018 |
| Additions |
| At 28th February 2019 |
| DEPRECIATION |
| At 1st March 2018 |
| Charge for year |
| At 28th February 2019 |
| NET BOOK VALUE |
| At 28th February 2019 |
| At 28th February 2018 |
| ALUCOAT LIMITED (REGISTERED NUMBER: 06515016) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28TH FEBRUARY 2019 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st March 2018 |
| Transfer to ownership | (22,750 | ) |
| At 28th February 2019 |
| DEPRECIATION |
| At 1st March 2018 |
| Transfer to ownership | (11,286 | ) |
| At 28th February 2019 |
| NET BOOK VALUE |
| At 28th February 2019 |
| At 28th February 2018 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1st March 2018 |
| and 28th February 2019 |
| NET BOOK VALUE |
| At 28th February 2019 |
| At 28th February 2018 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| ALUCOAT LIMITED (REGISTERED NUMBER: 06515016) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28TH FEBRUARY 2019 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Hire purchase contracts (see note 8) |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments fall due as follows: |
| Hire purchase contracts |
| 2019 | 2018 |
| £ | £ |
| Gross obligations repayable: |
| Within one year |
| Finance charges repayable: |
| Within one year |
| Net obligations repayable: |
| Within one year |
| Non-cancellable |
| operating leases |
| 2019 | 2018 |
| £ | £ |
| Within one year |
| Between one and five years |
| 9. | PROVISIONS FOR LIABILITIES |
| 2019 | 2018 |
| £ | £ |
| Deferred tax | 6,905 | 8,506 |
| Deferred |
| tax |
| £ |
| Balance at 1st March 2018 |
| Credit to Income Statement during year | ( |
) |
| Balance at 28th February 2019 |
| ALUCOAT LIMITED (REGISTERED NUMBER: 06515016) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28TH FEBRUARY 2019 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2019 | 2018 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| Ordinary ''B'' | £1 | 6 | 6 |
| 106 | 106 |
| 11. | RELATED PARTY DISCLOSURES |
| Included within other debtors, is an amount of £52,862 (2018 - £52,862) due from The Laundry Room (Lapal) |
| Ltd, a company in which Alucoat Limited is the parent company by virtue of its majority shareholding. |