TND Drilling Limited - Accounts to registrar (filleted) - small 18.2
TND Drilling Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 March 2019 |
| for |
| TND Drilling Limited |
| TND Drilling Limited (Registered number: 06292595) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| TND Drilling Limited |
| Company Information |
| for the Year Ended 31 March 2019 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 2 Adelaide Street |
| St Albans |
| Hertfordshire |
| AL3 5BH |
| TND Drilling Limited (Registered number: 06292595) |
| Balance Sheet |
| 31 March 2019 |
| 31.3.19 | 31.3.18 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| 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. |
| TND Drilling Limited (Registered number: 06292595) |
| Balance Sheet - continued |
| 31 March 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 |
| TND Drilling Limited (Registered number: 06292595) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2019 |
| 1. | STATUTORY INFORMATION |
| TND Drilling Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 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 |
| 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. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| TND Drilling Limited (Registered number: 06292595) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2019 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2018 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 March 2019 |
| DEPRECIATION |
| At 1 April 2018 |
| Charge for year |
| At 31 March 2019 |
| NET BOOK VALUE |
| At 31 March 2019 |
| At 31 March 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.19 | 31.3.18 |
| £ | £ |
| Trade debtors |
| Amounts owed by associates |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.19 | 31.3.18 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to associates |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.3.19 | 31.3.18 |
| £ | £ |
| Other creditors |
| TND Drilling Limited (Registered number: 06292595) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2019 |
| 8. | RELATED PARTY DISCLOSURES |
| During the year the company held a loan account with the directors. At the year end the company owed the directors |
| £NIL (2018 - £1,048). These loans are unsecured, interest free and repayable on demand. |
| During the year the company held a loan account with Frary Storage Ltd. A company in which Mr T Frary is a |
| director and shareholder. At the year end £27,546 (2018 - £28,026) was owing to Frary Storage Ltd. |
| During the year the company held a loan account with Frary Equine Ltd. A company in which Mr T Frary is a |
| director and shareholder. At the year end £890 (2018 - £NIL) was owing from Frary Equine Ltd. |
| During the year the company held a loan account with TJ Hempstalls Ltd. A company in which Mr T Frary is a |
| director and shareholder. At the year end £10,175 (2018 - £NIL) was owing from TJ Hempstalls Ltd. |
| During the year the company held a loan account with Frary Group Ltd. A company in which Mr T Frary is a |
| director and shareholder. At the year end £56,755 (2018 - £NIL) was owing from Frary Group Ltd. |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate control of the company lies with the directors. |