| |
|
2019 |
|
2018 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
25,624 |
|
|
6,316 |
| Current assets |
|
54,248 |
|
|
52,329 |
|
| Creditors: amount falling due within one year |
|
(22,622) |
|
|
(21,675) |
|
|
Net current assets
|
|
|
31,626
|
|
|
30,654
|
|
Total assets less current liabilities
|
|
|
57,250 |
|
|
36,970 |
| Creditors: amount falling due after more than one year |
|
|
(23,971) |
|
|
(3,378) |
|
Net assets
|
|
|
33,279 |
|
|
33,592 |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
33,279 |
|
|
33,592 |
| |
NOTES TO THE ACCOUNTS
General Information
Harland Refrigeration Limited is a private company, limited by shares , registered in England and Wales , registration number 08235291 , registration address 128 Buxton Road, Heaviley, Stockport, Cheshire, SK2 6PL.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income as and when due over the lease term.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Tangible fixed assets
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:
| Motor Vehicles |
5 years Straight Line
|
| Fixtures and Fittings |
5 years Straight Line
|
| Computer Equipment |
3 years Straight Line
|
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
|
| 2. |
Tangible fixed assets
| Cost |
Motor Vehicles |
|
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
| At 01 October 2018 |
7,347 |
|
1,990 |
|
1,728 |
|
11,065 |
| Additions |
25,847 |
|
- |
|
- |
|
25,847 |
| Disposals |
- |
|
- |
|
- |
|
- |
| At 30 September 2019 |
33,194 |
|
1,990 |
|
1,728 |
|
36,912 |
| Depreciation |
| At 01 October 2018 |
1,031 |
|
1,990 |
|
1,728 |
|
4,749 |
| Charge for year |
6,539 |
|
- |
|
- |
|
6,539 |
| On disposals |
- |
|
- |
|
- |
|
- |
| At 30 September 2019 |
7,570 |
|
1,990 |
|
1,728 |
|
11,288 |
| Net book values |
| Closing balance as at 30 September 2019 |
25,624 |
|
- |
|
- |
|
25,624 |
| Opening balance as at 01 October 2018 |
6,316 |
|
- |
|
- |
|
6,316 |
|
For the year ended 30 September 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the financial reporting standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 29 June 2020 and were signed on its behalf by: --------------------------------
Harland Leonard Baguley
Director |
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|
