Company Registration No. 02472321 (England and Wales)
Qualitank Services Limited
Unaudited accounts
for the year ended 31 March 2020
Qualitank Services Limited
Unaudited accounts
Contents
Qualitank Services Limited
Company Information
for the year ended 31 March 2020
Director
John Anthony Darnell
Company Number
02472321 (England and Wales)
Registered Office
2 Harrison Street
Halebank
Widnes
WA8 8TN
Qualitank Services Limited
Statement of financial position
as at 31 March 2020
Tangible assets
752,898
750,924
Cash at bank and in hand
214,488
139,969
Creditors: amounts falling due within one year
(32,419)
(28,143)
Net current assets
359,951
326,454
Total assets less current liabilities
1,112,849
1,077,378
Provisions for liabilities
Deferred tax
(50,742)
(50,742)
Net assets
1,062,107
1,026,636
Called up share capital
1,000
1,000
Capital redemption reserve
1,025,636
976,804
Profit and loss account
35,471
48,832
Shareholders' funds
1,062,107
1,026,636
For the year ending 31 March 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.
The financial statements were approved by the Board and authorised for issue on 19 May 2020 and were signed on its behalf by
John Anthony Darnell
Director
Company Registration No. 02472321
Qualitank Services Limited
Notes to the Accounts
for the year ended 31 March 2020
Qualitank Services Limited is a private company, limited by shares, registered in England and Wales, registration number 02472321. The registered office is 2 Harrison Street , Halebank, Widnes, WA8 8TN.
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:
Land & buildings
15% straight line
Plant & machinery
5% straight line
Motor vehicles
20% straight line
Fixtures & fittings
5% straight line
Computer equipment
15% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2019
757,628
970
59,875
1,434
819,907
Additions
136,555
-
-
-
136,555
Disposals
17,802
-
-
-
17,802
At 31 March 2020
911,985
970
59,875
1,434
974,264
At 1 April 2019
58,835
970
8,971
207
68,983
Charge for the year
143,205
-
8,971
207
152,383
At 31 March 2020
202,040
970
17,942
414
221,366
At 31 March 2020
709,945
-
41,933
1,020
752,898
At 31 March 2019
698,793
-
50,904
1,227
750,924
Qualitank Services Limited
Notes to the Accounts
for the year ended 31 March 2020
Trade debtors
108,975
176,007
Accrued income and prepayments
15,435
16,889
Other debtors
53,472
21,732
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
22,593
22,163
Taxes and social security
9,826
3,847
7
Average number of employees
During the year the average number of employees was 5 (2019: 5).
