Hatherley Commercial Services Limited Filleted accounts for Companies House (small and micro)
Hatherley Commercial Services Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
04491384
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Financial Statements |
Year ended 30 September 2019
Contents |
Page |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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--------- |
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Creditors: amounts falling due within one year |
8 |
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--------- |
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Net current assets |
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--------- |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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--------- |
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Net assets |
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Capital and reserves
Called up share capital |
9 |
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Capital redemption reserve |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
16 January 2020
, and are signed on behalf of the board by:
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Director |
Company registration number:
04491384
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Notes to the Financial Statements |
Year ended 30 September 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 2 Woodland Court, Brunel Business Park Jessop Close, Newark, Nottinghamshire, NG24 2AG, United Kingdom.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and Machinery |
- |
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Fixtures, fittings and equipment |
- |
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Motor vehicles |
- |
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Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
10
(2018:
11
).
5.
Dividends
2019 |
2018 |
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£ |
£ |
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Dividends paid during the year (excluding those for which a liability existed at the end of the prior year ) |
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6.
Tangible assets
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 October 2018 |
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Disposals |
– |
– |
(
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(
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------- |
------- |
-------- |
-------- |
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At 30 September 2019 |
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------- |
------- |
-------- |
-------- |
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Depreciation |
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At 1 October 2018 |
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Charge for the year |
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Disposals |
– |
– |
(
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(
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------- |
------- |
-------- |
-------- |
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At 30 September 2019 |
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------- |
------- |
-------- |
-------- |
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Carrying amount |
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At 30 September 2019 |
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------- |
------- |
-------- |
-------- |
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At 30 September 2018 |
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------- |
------- |
-------- |
-------- |
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7.
Debtors
2019 |
2018 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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--------- |
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8.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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9.
Called up share capital
Issued, called up and fully paid
2019 |
2018 |
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No. |
£ |
No. |
£ |
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90.00 |
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66.00 |
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5.00 |
– |
– |
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5.00 |
– |
– |
---- |
-------- |
---- |
------- |
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---- |
-------- |
---- |
------- |
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Share movements
No. |
£ |
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At 1 October 2018 |
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66 |
Issue of shares |
24 |
24 |
---- |
---- |
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At 30 September 2019 |
90 |
90 |
---- |
---- |
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No. |
£ |
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At 1 October 2018 |
– |
– |
Issue of shares |
5 |
5 |
---- |
---- |
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At 30 September 2019 |
5 |
5 |
---- |
---- |
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No. |
£ |
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At 1 October 2018 |
– |
– |
Issue of shares |
5 |
5 |
---- |
---- |
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At 30 September 2019 |
5 |
5 |
---- |
---- |
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10.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2019 |
2018 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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Later than 5 years |
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--------- |
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11.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2019 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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(
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(
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(
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-------- |
--------- |
--------- |
-------- |
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(
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(
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(
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-------- |
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2018 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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(
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-------- |
-------- |
--------- |
-------- |
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(
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(
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-------- |
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12.
Related party transactions
During the year the company paid dividends of £63,300 (2018 £75,109) to the directors in their capacity as shareholders