Company Registration No. 08372268 (England and Wales)
SHIELD ASSOCIATES LIMITED
Unaudited accounts
for the year ended 31 January 2020
SHIELD ASSOCIATES LIMITED
Unaudited accounts
Contents
SHIELD ASSOCIATES LIMITED
Company Information
for the year ended 31 January 2020
Company Number
08372268 (England and Wales)
Registered Office
Shield
268 Portsmouth Road
Cobham, Surrey
KT11 1HU
SHIELD ASSOCIATES LIMITED
Statement of financial position
as at 31 January 2020
Cash at bank and in hand
10,242
4,811
Creditors: amounts falling due within one year
(13,079)
(9,213)
Net current assets
3,703
1,033
Called up share capital
3
3
Profit and loss account
3,895
1,421
Shareholders' funds
3,898
1,424
For the year ending 31 January 2020 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 director acknowledges his 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 20 February 2020.
David GAIR
Director
Company Registration No. 08372268
SHIELD ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 January 2020
SHIELD ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08372268. The registered office is Shield, 268 Portsmouth Road, Cobham, Surrey, KT11 1HU.
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.
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:
4
Tangible fixed assets
Computer equipment
SHIELD ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 January 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
11,913
9,047
Loans from directors
1,166
166
7
Average number of employees
During the year the average number of employees was 0 (2019: 0).