Company Registration No. 09958337 (England and Wales)
Azoth Solutions Ltd
Unaudited accounts
for the year ended 31 December 2019
Azoth Solutions Ltd
Unaudited accounts
Contents
Azoth Solutions Ltd
Company Information
for the year ended 31 December 2019
Directors
S Collins
M Collins
Company Number
09958337 (England and Wales)
Registered Office
11 Mill View Way
Wicklewood
Wymondham
NR18 9BQ
United Kingdom
Azoth Solutions Ltd
Statement of financial position
as at 31 December 2019
Tangible assets
11,347
150
Cash at bank and in hand
17,852
3,392
Creditors: amounts falling due within one year
(27,855)
(3,039)
Net current assets
72,716
588
Called up share capital
1
1
Profit and loss account
84,062
737
Shareholders' funds
84,063
738
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 1 February 2020.
S Collins
Director
Company Registration No. 09958337
Azoth Solutions Ltd
Notes to the Accounts
for the year ended 31 December 2019
Azoth Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09958337. The registered office is 11 Mill View Way, Wicklewood, Wymondham, NR18 9BQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2019
150
-
-
150
Additions
1,645
7,500
2,052
11,197
At 31 December 2019
1,795
7,500
2,052
11,347
At 31 December 2019
-
-
-
-
At 31 December 2019
1,795
7,500
2,052
11,347
At 31 December 2018
150
-
-
150
Azoth Solutions Ltd
Notes to the Accounts
for the year ended 31 December 2019
Amounts due from group undertakings etc.
80,029
-
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
21,967
(123)
Taxes and social security
5,888
-
Loans from directors
-
1,662
7
Average number of employees
During the year the average number of employees was 4 (2018: 0).
