Company Registration No. 10330654 (England and Wales)
Sussex Removals & Storage Ltd
Unaudited accounts
for the year ended 31 August 2019
Sussex Removals & Storage Ltd
Unaudited accounts
Contents
Sussex Removals & Storage Ltd
Company Information
for the year ended 31 August 2019
Company Number
10330654 (England and Wales)
Registered Office
48 AVIS ROAD
NEWHAVEN
BN9 0PN
ENGLAND
Sussex Removals & Storage Ltd
Statement of financial position
as at 31 August 2019
Tangible assets
51,280
61,404
Cash at bank and in hand
(26,905)
(9,878)
Creditors: amounts falling due within one year
(129,992)
(143,318)
Net current liabilities
(154,307)
(152,896)
Total assets less current liabilities
(103,027)
(91,492)
Creditors: amounts falling due after more than one year
(14,207)
(17,192)
Net liabilities
(117,234)
(108,684)
Called up share capital
100
100
Profit and loss account
(117,334)
(108,784)
Shareholders' funds
(117,234)
(108,684)
For the year ending 31 August 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 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 30 May 2020.
Shaid Mohammed
Director
Company Registration No. 10330654
Sussex Removals & Storage Ltd
Notes to the Accounts
for the year ended 31 August 2019
Sussex Removals & Storage Ltd is a private company, limited by shares, registered in England and Wales, registration number 10330654. The registered office is 48 AVIS ROAD, NEWHAVEN, BN9 0PN, ENGLAND.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
Sussex Removals & Storage Ltd
Notes to the Accounts
for the year ended 31 August 2019
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2018
92,245
3,699
95,944
Additions
8,750
1,080
9,830
Disposals
(6,950)
-
(6,950)
At 31 August 2019
94,045
4,779
98,824
At 1 September 2018
33,208
1,332
34,540
Charge for the year
12,167
837
13,004
At 31 August 2019
45,375
2,169
47,544
At 31 August 2019
48,670
2,610
51,280
At 31 August 2018
59,037
2,367
61,404
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Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
16,436
19,190
Trade creditors
28,320
48,676
Taxes and social security
52,494
60,348
Loans from directors
32,742
15,104
One of our branches was not successful that year resulting a huge loss. We had no choice but centralised, however creditors are being paid back.
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Creditors: amounts falling due after more than one year
2019
2018
9
Average number of employees
During the year the average number of employees was 0 (2018: 0).
