Abfad Tank Linings Limited - Period Ending 2019-03-31

Registration number: 04760913

Abfad Tank Linings Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2019

Abfad Tank Linings Limited

Contents

Directors' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Abfad Tank Linings Limited

Directors' Report for the Year Ended 31 March 2019

The directors present their report and the financial statements for the year ended 31 March 2019.

Directors of the company

The directors who held office during the year were as follows:

A. Fada

C. S. Haritou

Small companies' provision statement

This report has been prepared in accordance with the small companies' regime under the Companies Act 2006.

Approved by the Board on 22 October 2019 and signed on its behalf by:

......................................... C. S. Haritou Director

1

Abfad Tank Linings Limited

(Registration number: 04760913)
Statement of Financial Position as at 31 March 2019

	Note	2019 £	2018 £
Current assets
Cash at bank and in hand		82	82
Creditors: Amounts falling due within one year	3	(732)	(732)
Net liabilities		(650)	(650)
Capital and reserves
Called up share capital		99	99
Profit and loss account		(749)	(749)
Total equity		(650)	(650)

For the financial year ending 31 March 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved and authorised by the Board on 22 October 2019 and signed on its behalf by:
 

......................................... C. S. Haritou Director

The notes on page 3 form an integral part of these financial statements.

2

Abfad Tank Linings Limited

Notes to the Financial Statements for the Year Ended 31 March 2019

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 8 Teal Farm Way
Teal Farm Park
Washington
Tyne and Wear
NE38 8BG

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are prepared in sterling which is the functional currency of the entity.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Creditors

	2019 £	2018 £
Due within one year
Other creditors	732	732

3