Company Registration No. 08532825 (England and Wales)
V & M. DRYLINERS LTD
Unaudited accounts
for the year ended 31 May 2020
V & M. DRYLINERS LTD
Unaudited accounts
Contents
V & M. DRYLINERS LTD
Company Information
for the year ended 31 May 2020
Director
Viktor Monasterchuk
Company Number
08532825 (England and Wales)
Registered Office
4 AMBASSADOR HOUSE
WOLSELEY ROAD
HARROW
MIDDLESEX
HA3 5RT
ENGLAND
Accountants
Anglia Accounting
16 Saberton Close
Redbourn
St. Albans
AL3 7DS
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of V & M. DRYLINERS LTD for the year ended 31 May 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
V & M. DRYLINERS LTD for the year ended
31 May 2020 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Anglia Accounting
Chartered Accountants
16 Saberton Close
Redbourn
St. Albans
AL3 7DS
6 July 2020
V & M. DRYLINERS LTD
Statement of financial position
as at 31 May 2020
Tangible assets
31,828
38,814
Cash at bank and in hand
119,378
98,048
Creditors: amounts falling due within one year
(142,601)
(293,803)
Net current assets/(liabilities)
6,009
(121,118)
Total assets less current liabilities
37,837
(82,304)
Creditors: amounts falling due after more than one year
(11,593)
-
Net assets/(liabilities)
26,244
(82,304)
Called up share capital
100
100
Profit and loss account
26,144
(82,404)
Shareholders' funds
26,244
(82,304)
For the year ending 31 May 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 6 July 2020 and were signed on its behalf by
Viktor Monasterchuk
Director
Company Registration No. 08532825
V & M. DRYLINERS LTD
Notes to the Accounts
for the year ended 31 May 2020
V & M. DRYLINERS LTD is a private company, limited by shares, registered in England and Wales, registration number 08532825. The registered office is 4 AMBASSADOR HOUSE, WOLSELEY ROAD, HARROW, MIDDLESEX, HA3 5RT, 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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2019
50,592
1,932
52,524
At 31 May 2020
50,592
1,932
52,524
At 1 June 2019
12,473
1,237
13,710
Charge for the year
6,861
125
6,986
At 31 May 2020
19,334
1,362
20,696
At 31 May 2020
31,258
570
31,828
At 31 May 2019
38,119
695
38,814
Trade debtors
29,232
74,637
V & M. DRYLINERS LTD
Notes to the Accounts
for the year ended 31 May 2020
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
18,411
-
Obligations under finance leases and hire purchase contracts
-
46,077
Trade creditors
47,898
202,663
Taxes and social security
75,663
34,816
Other creditors
(282)
9,407
7
Creditors: amounts falling due after more than one year
2020
2019
Obligations under finance leases and hire purchase contracts
11,593
-
8
Average number of employees
During the year the average number of employees was 3 (2019: 4).
