Severnside Mortgage Solutions Ltd

Severnside Mortgage Solutions Ltd

SEVERNSIDE MORTGAGE SOLUTIONS LTD - Company Information

Print Friendly Version

1 July 2019 false No description of principal activity Taxfiler 2020.8.1 11785062business:PrivateLimitedCompanyLtd2019-07-012020-06-30 117850622019-06-30 117850622019-07-012020-06-30 11785062business:AuditExemptWithAccountantsReport2019-07-012020-06-30 11785062business:FullAccounts2019-07-012020-06-30 117850622020-06-30 11785062business:Director12019-07-012020-06-30 11785062business:RegisteredOffice2019-07-012020-06-30 11785062core:WithinOneYear2020-06-30 11785062core:ShareCapital2020-06-30 11785062core:RetainedEarningsAccumulatedLosses2020-06-30 11785062business:SmallEntities2019-07-012020-06-30 11785062countries:EnglandWales2019-07-012020-06-30 11785062core:ComputerEquipment2019-07-012020-06-30 11785062core:PlantMachinery2019-06-30 11785062core:PlantMachinery2020-06-30 iso4217:GBP xbrli:pure
Company Registration No. 11785062 (England and Wales)
Severnside Mortgage Solutions Ltd Unaudited accounts for the year ended 30 June 2020
Severnside Mortgage Solutions Ltd Unaudited accounts Contents
Page
- 2 -
Severnside Mortgage Solutions Ltd Company Information for the year ended 30 June 2020
Director
Kevin Turner
Company Number
11785062 (England and Wales)
Registered Office
61 STOCKWOOD ROAD STOCKWOOD BRISTOL BS14 8JA UNITED KINGDOM
Accountants
Salamon & Co Accountancy Services Limited 11 Forbes Court Bishpool View Newport NP19 9BA
- 3 -
Severnside Mortgage Solutions Ltd Statement of financial position as at 30 June 2020
2020 
Notes
£ 
Fixed assets
Tangible assets
4
381 
Current assets
Cash at bank and in hand
69,722 
Creditors: amounts falling due within one year
5
(36,421)
Net current assets
33,301 
Net assets
33,682 
Capital and reserves
Called up share capital
100 
Profit and loss account
33,582 
Shareholders' funds
33,682 
For the year ending 30 June 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 1 July 2020 and were signed on its behalf by
Kevin Turner Director Company Registration No. 11785062
- 4 -
Severnside Mortgage Solutions Ltd Notes to the Accounts for the year ended 30 June 2020
1
Statutory information
Severnside Mortgage Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11785062. The registered office is 61 STOCKWOOD ROAD, STOCKWOOD, BRISTOL, BS14 8JA, UNITED KINGDOM.
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.
3
Accounting policies
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:
Computer equipment
33% SL
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2019
569 
At 30 June 2020
569 
Depreciation
At 1 July 2019
188 
At 30 June 2020
188 
Net book value
At 30 June 2020
381 
5
Creditors: amounts falling due within one year
2020 
£ 
Taxes and social security
8,256 
Other creditors
10,000 
Loans from directors
11,957 
Accruals
6,208 
36,421 
- 5 -
Severnside Mortgage Solutions Ltd Notes to the Accounts for the year ended 30 June 2020
6
Average number of employees
During the year the average number of employees was 1.
- 6 -