Alltype Interiors Ltd - Accounts to registrar (filleted) - small 18.2
Alltype Interiors Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2019 |
| FOR |
| ALLTYPE INTERIORS LTD |
| ALLTYPE INTERIORS LTD (REGISTERED NUMBER: 04259950) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ALLTYPE INTERIORS LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2019 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 12 Conqueror Court |
| Sittingbourne |
| Kent |
| ME10 5BH |
| ALLTYPE INTERIORS LTD (REGISTERED NUMBER: 04259950) |
| BALANCE SHEET |
| 31 JULY 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand | ( |
) |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year | 7 |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| ALLTYPE INTERIORS LTD (REGISTERED NUMBER: 04259950) |
| BALANCE SHEET - continued |
| 31 JULY 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on signed on its behalf by: |
| ALLTYPE INTERIORS LTD (REGISTERED NUMBER: 04259950) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2019 |
| 1. | STATUTORY INFORMATION |
| Alltype Interiors Ltd is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts have been prepared on the Going Concern basis, as, whilst the Company holds a negative balance |
| sheet position, the directors are providing sufficient support to keep the Company active. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added |
| taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. |
| Turnover from the rendering of Office Refurbishment services is recognised by reference to the stage of completion |
| of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work |
| performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable |
| expenses when the outcome of a contract cannot be estimated reliably. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Financial instruments |
| Financial assets - trade and other debtors are basic financial instruments and debt instruments measured at fair |
| value through the Income Statement and are measured subsequently at amortised cost. Prepayments are not |
| financial instruments. |
| Cash comprises cash at bank, in hand and short term deposits with an original maturity date of three months or |
| less. Cash at bank is measured at face value. |
| Financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are |
| measured subsequently at amortised cost using the effective interest method. |
| Finance costs are charged to the Income Statement over the term of the debt using the effective interest rate |
| method so that the amount charged is at a constant rate on the carrying amount. Borrowing costs are not |
| capitalised. |
| ALLTYPE INTERIORS LTD (REGISTERED NUMBER: 04259950) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the |
| extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
| of the future payments is treated as a liability. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2018 - NIL). |
| ALLTYPE INTERIORS LTD (REGISTERED NUMBER: 04259950) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2019 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor | Computer |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 August 2018 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 July 2019 |
| DEPRECIATION |
| At 1 August 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 July 2019 |
| NET BOOK VALUE |
| At 31 July 2019 |
| At 31 July 2018 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Motor |
| vehicles |
| £ |
| COST |
| At 1 August 2018 |
| Additions |
| Transfer to ownership | (16,388 | ) |
| At 31 July 2019 |
| DEPRECIATION |
| At 1 August 2018 |
| Charge for year |
| Transfer to ownership | (13,472 | ) |
| At 31 July 2019 |
| NET BOOK VALUE |
| At 31 July 2019 |
| At 31 July 2018 |
| ALLTYPE INTERIORS LTD (REGISTERED NUMBER: 04259950) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Hire purchase contracts |