Peter Uttridge & Company Limited,Ltd - AccountsLtd - Accounts

Peter Uttridge & Company Limited,Ltd - AccountsLtd - Accounts

PETER UTTRIDGE & COMPANY LIMITED - Company Information

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2018-06-01 03095922 2019-05-31 03095922 2018-06-01 2019-05-31 03095922 2018-05-31 03095922 2017-06-01 2018-05-31 03095922 uk-core:WithinOneYear 2018-05-31 03095922 uk-core:WithinOneYear 2019-05-31 03095922 uk-core:ShareCapital 2019-05-31 03095922 uk-core:ShareCapital 2018-05-31 03095922 uk-core:RetainedEarningsAccumulatedLosses 2019-05-31 03095922 uk-core:RetainedEarningsAccumulatedLosses 2018-05-31 03095922 uk-bus:Director1 2018-06-01 2019-05-31 03095922 uk-core:PlantMachinery 2018-06-01 2019-05-31 iso4217:GBP xbrli:pure 03095922 uk-bus:AuditExemptWithAccountantsReport 2018-06-01 2019-05-31 03095922 uk-bus:FRS102 2018-06-01 2019-05-31 03095922 uk-bus:FullAccounts 2018-06-01 2019-05-31 03095922 uk-bus:PrivateLimitedCompanyLtd 2018-06-01 2019-05-31
Peter Uttridge & Company Limited
Registered Number:03095922
For the year ended 31 May 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2019
Peter Uttridge & Company Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 31 May 2019
Peter Uttridge & Company Limited
Statement of Financial Position
Registered Number :
03095922
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
292
343
2
292
343
Current assets
Inventories
45
-
3
Trade and other receivables
1,934
715
4
5,951
Cash and cash equivalents
3,036
3,751
7,930
Trade and other payables: amounts falling due within one
year
(7,825)
(3,932)
5
105
(181)
Net current liabilities
Total assets less current liabilities
111
448
(55)
(65)
Provisions for liabilities
56
Net assets
383
Capital and reserves
Called up share capital
2
2
Retained earnings
54
381
56
383
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr PETER FREDERICK UTTRIDGE Director
These financial statements were approved and authorised for issue by the Board on 24 February 2020 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 May 2019
Peter Uttridge & Company Limited
Notes to the Financial Statements
Statutory Information
Peter Uttridge & Company Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03095922.
Principal place of business:
15a Blaby Road
Enderby
Leicester
LE19 4AP
Registered address:
West Walk House
99 Princess Road East
Leicester
LE1 7LF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2 of 4
5
For the year ended 31 May 2019
Peter Uttridge & Company Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 June 2018
8,100
At 31 May 2019
8,100
Provision for depreciation and impairment
At 01 June 2018
7,757
Charge for year
51
At 31 May 2019
7,808
At 31 May 2019
Net book value
292
At 31 May 2018
343
3. Inventories
2018
2019
£
£
Stocks
-
45
4. Trade and other receivables
2018
2019
£
£
Trade debtors
715
1,546
Prepayments and accrued income
-
3
Taxation and social security
-
385
1,934
715
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Accruals and deferred income
366
369
Directors' loan accounts
3,566
7,456
3,932
7,825
3 of 4
6
For the year ended 31 May 2019
Peter Uttridge & Company Limited
Notes to the Financial Statements Continued
6. Related party transactions
The ultimate controlling party was Mr. P. Uttridge, a director and shareholder of the company.
7. Average number of persons employed
During the year the average number of employees was 1 (2018 : 1)
4 of 4