Lockout Tagout Safety Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06863995 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

LOCKOUT TAGOUT SAFETY LIMITED

Page

Balance Sheet

1

FIXED ASSETS

9,473

8,489

CURRENT ASSETS

249,735

330,847

CREDITORS

Amounts falling due within one year

(109,871

)

(157,234

)

NET CURRENT ASSETS

139,864

173,613

TOTAL ASSETS LESS CURRENT LIABILITIES

149,337

182,102

CAPITAL AND RESERVES

149,337

182,102

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Lockout Tagout Safety Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address are as below:

Registered number:

06863995

Registered office:

4D Bowes Road

Middlesbrough

Cleveland

TS2 1LU

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 7 (2018 - 7 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2019

and 31 March 2018:

2019

2018

£

£

E H Boynton

Balance outstanding at start of year

135,512

34,876

Amounts advanced

91,336

179,487

Amounts repaid

(143,067

)

(78,851

)

Balance outstanding at end of year

83,781

135,512

The advances to the Director are repayable on demand. Interest is charged on the balance

outstanding at the average official rate relating to beneficial loan arrangements as published by HM

Revenue & Customs. The maximum amount overdrawn during the year was £137,194 (2018 -

£135,511).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19 December 2019 and were signed on its behalf by:

E H Boynton - Director