SCT Electrics Limited - Accounts to registrar (filleted) - small 18.2
SCT Electrics Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 September 2019 |
| for |
| SCT Electrics Limited |
| SCT Electrics Limited (Registered number: 02164273) |
| Contents of the Financial Statements |
| for the Year Ended 30 September 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Chartered Accountants' Report | 6 |
| SCT Electrics Limited |
| Company Information |
| for the Year Ended 30 September 2019 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Hanover Court |
| 5 Queen Street |
| Lichfield |
| Staffordshire |
| WS13 6QD |
| SCT Electrics Limited (Registered number: 02164273) |
| Balance Sheet |
| 30 September 2019 |
| 2019 | 2018 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Profit and loss has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| SCT Electrics Limited (Registered number: 02164273) |
| Notes to the Financial Statements |
| for the Year Ended 30 September 2019 |
| 1. | STATUTORY INFORMATION |
| SCT Electrics 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. | STATEMENT OF COMPLIANCE |
| 3. | 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 |
| Stock 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. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| SCT Electrics Limited (Registered number: 02164273) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2019 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 October 2018 |
| Disposals | ( |
) | ( |
) |
| At 30 September 2019 |
| DEPRECIATION |
| At 1 October 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 September 2019 |
| NET BOOK VALUE |
| At 30 September 2019 |
| At 30 September 2018 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Amounts owed by participating interests | 179,301 | 285,096 |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Amounts owed to participating interests | - | 76,681 |
| Taxation and social security |
| Other creditors |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2019 | 2018 |
| value: | £ | £ |
| Ordinary | £1 | 2 | 2 |
| SCT Electrics Limited (Registered number: 02164273) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2019 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 October 2018 |
| Deficit for the year | ( |
) |
| Dividends | ( |
) |
| At 30 September 2019 |
| 10. | RELATED PARTY DISCLOSURES |
| Greenbreas Property Limited |
| A company in which S C Tomkinson and Mrs D K Tomkinson are directors |
| There is loan to Greenbreas Property Limited. |
| 2019 | 2018 |
| £ | £ |
| Amount due from related party at the balance sheet date | 159,301 | 285,096 |
| Fransadieoli Holdings Limited |
| Holding company |
| SCT Electrics Limited paid rent of £15,000 to Fransadieoli Holdings Limited during the year (2018 - £15,000). |
| There is a loan from Fransadieoli Holdings Limited. |
| 2019 | 2018 |
| £ | £ |
| Amount due from/(to) related party at the balance sheet date | 20,000 | (76,681 | ) |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| SCT Electrics Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
| a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
| Report of the Directors are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of SCT Electrics Limited for the year ended 30 September 2019 which comprise the Profit and loss, |
| Balance Sheet and the related notes from the company's accounting records and from information and explanations you |
| have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of SCT Electrics Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SCT Electrics Limited and state those matters that we have agreed to state to the Board of Directors of SCT Electrics Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SCT Electrics Limited and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that SCT Electrics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of SCT Electrics Limited. You consider that SCT Electrics Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of SCT Electrics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Hanover Court |
| 5 Queen Street |
| Lichfield |
| Staffordshire |
| WS13 6QD |