Accounts Submission
Accounts Submission
KEYMASTER BRISTOL LIMITED
Company Registration Number:
07462039
(England and Wales)
Unaudited statutory accounts for the year ended 31 March 2019
Period of accounts
Start date: 01 April 2018
End date: 31 March 2019
KEYMASTER BRISTOL LIMITED
Contents of the Financial Statements
for the Period Ended 31 March 2019
Company Information - 3 | |
Report of the Directors - 4 | |
Balance sheet - 5 | |
Additional notes - 7 | |
Balance sheet notes - 9 |
KEYMASTER BRISTOL LIMITED
Company Information
for the Period Ended 31 March 2019
Director: |
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Secretary: |
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Registered office: |
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Company Registration Number: |
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KEYMASTER BRISTOL LIMITED
Directors' Report Period Ended 31 March 2019
The directors present their report with the financial statements of the company for the period ended 31 March 2019
Principal Activities
Directors
The directors shown below have held office during the whole of the period from 01 April 2018 to 31 March 2019
Secretary
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
KEYMASTER BRISTOL LIMITED
Balance sheet
As at
Notes |
2019 £ |
2018 £ |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 4 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
KEYMASTER BRISTOL LIMITED
Balance sheet continued
As at 31 March 2019
Notes |
2019 £ |
2018 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
KEYMASTER BRISTOL LIMITED
Notes to the Financial Statements
for the Period Ended 31 March 2019
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1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
The turnover represents amounts receivable for goods and services net of VAT and trade discounts'. Tangible fixed assets depreciation policy
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings - 2% on cost or revalued amounts, Plant and Machinery - 25% on cost, Fixtures and fittings - 25% on reducing balance, Motor vehicles - 25% on cost, Office Equipment - 25% on reducing balance. Intangible fixed assets amortisation policy
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. Valuation information and policy
Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.Other accounting policies
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 the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.
KEYMASTER BRISTOL LIMITED
Notes to the Financial Statements
for the Period Ended 31 March 2019
2. Dividends
2019 £ |
2018 £ |
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Dividends paid |
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KEYMASTER BRISTOL LIMITED
Notes to the Financial Statements
for the Period Ended 31 March 2019
3. Tangible assets
Fixtures & fittings | Office equipment | Total | |
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Cost | £ | £ | £ |
At 01 April 2018 |
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Additions | - | - | - |
Disposals | - | - | - |
Revaluations | - | - | - |
Transfers | - | - | - |
At 31 March 2019 |
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Depreciation | |||
At 01 April 2018 |
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Charge for year |
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On disposals | - | - | - |
Other adjustments | - | - | - |
At 31 March 2019 |
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Net book value | |||
At 31 March 2019 |
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At 31 March 2018 |
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KEYMASTER BRISTOL LIMITED
Notes to the Financial Statements
for the Period Ended 31 March 2019
4. Debtors
2019 £ |
2018 £ |
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Trade debtors |
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Total |
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KEYMASTER BRISTOL LIMITED
Notes to the Financial Statements
for the Period Ended 31 March 2019
5.Creditors: amounts falling due within one year note
2019 £ |
2018 £ |
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Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Total |
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