N G Irelan-Hill Painting & Decorating Limited,Ltd - AccountsLtd - Accounts

N.G. IRELAN-HILL PAINTING & DECORATING LIMITED - Company Information

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N G Irelan-Hill Painting & Decorating Limited

Registered Number:04465793

For the year ended 30 June 2019

England and Wales

Unaudited Financial Statements

For the year ended 30 June 2019

N G Irelan-Hill Painting & Decorating Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 30 June 2019

N G Irelan-Hill Painting & Decorating Limited

Statement of Financial Position

Registered Number :

04465793

2018

2019

Notes

Fixed assets

Property, plant and equipment

2,251

3,002

2,251

3,002

Current assets

Inventories

500

Trade and other receivables

5,262

1,039

3,390

Cash and cash equivalents

10,698

12,237

9,152

Trade and other payables: amounts falling due within one year

(5,095)

(6,263)

4,057

5,974

Net current assets

Total assets less current liabilities

8,225

7,059

(428)

(570)

Provisions for liabilities

7,797

Net assets

6,489

Capital and reserves

Called up share capital

100

Retained earnings

7,697

6,389

7,797

6,489

Shareholders' funds

For the year ended 30 June 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr Nicholas Irelan - Hill Director

These financial statements were approved and authorised for issue by the Board on 05 November 2019 and were signed by:

The notes form part of these financial statements

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For the year ended 30 June 2019

N G Irelan-Hill Painting & Decorating Limited

Notes to the Financial Statements

Statutory Information

N G Irelan-Hill Painting & Decorating Limited is a private limited company, limited by shares, domiciled in England and

Wales, registration number 04465793.

Principal place of business:

22 Martin's Close

Chippenham

Wiltshire

SN15 3NB

Registered address:

The Stables, Manor Farm

Chavenage

Tetbury

Gloucestershire

GL8 8XW

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting

Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act

2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation

of certain assets.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

25% Reducing balance

Motor Vehicles

Inventories

Inventories have been valued at the lower of cost and estimated selling price less costs to sell.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

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For the year ended 30 June 2019

N G Irelan-Hill Painting & Decorating Limited

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Motor Vehicles

Plant and

Machinery

Cost or valuation

At 01 July 2018

9,684

8,200

1,484

At 30 June 2019

1,484

8,200

9,684

Provision for depreciation and impairment

At 01 July 2018

6,682

5,606

1,076

Charge for year

751

649

102

At 30 June 2019

7,433

6,255

1,178

At 30 June 2019

Net book value

306

1,945

2,251

At 30 June 2018

408

2,594

3,002

3. Inventories

2018

2019

Stocks

500

4. Trade and other receivables

2018

2019

Trade debtors

700

4,950

Other debtors

339

312

5,262

1,039

5. Trade and other payables: amounts falling due within one year

2018

2019

Trade creditors

240

Taxation and social security

3,264

2,908

Other creditors

2,759

2,187

6,263

5,095

6. Average number of persons employed

During the year the average number of employees was 1 (2018 : 1)

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For the year ended 30 June 2019

N G Irelan-Hill Painting & Decorating Limited

Notes to the Financial Statements Continued

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