Company Registration No. 09910347 (England and Wales)
62 HIGH STREET LIMITED
Unaudited accounts
for the year ended 31 December 2019
62 HIGH STREET LIMITED
Unaudited accounts
Contents
62 HIGH STREET LIMITED
Company Information
for the year ended 31 December 2019
Director
Alan David Spiller
Company Number
09910347 (England and Wales)
Registered Office
26 Kings Parade Avenue
Bristol
BS8 2RE
Accountants
Evans Entwistle
432 Gloucester Rd
Bristol
BS7 8TX
62 HIGH STREET LIMITED
Statement of financial position
as at 31 December 2019
Inventories
672,701
652,590
Cash at bank and in hand
2,891
8,335
Creditors: amounts falling due within one year
(412,026)
(402,296)
Net current assets
269,006
258,629
Total assets less current liabilities
269,006
258,629
Creditors: amounts falling due after more than one year
(216,414)
(216,414)
Called up share capital
100
100
Profit and loss account
52,492
42,115
Shareholders' funds
52,592
42,215
For the year ending 31 December 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.
The financial statements were approved by the Board and authorised for issue on 5 October 2020 and were signed on its behalf by
Alan David Spiller
Director
Company Registration No. 09910347
62 HIGH STREET LIMITED
Notes to the Accounts
for the year ended 31 December 2019
62 HIGH STREET LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09910347. The registered office is 26 Kings Parade Avenue, Bristol, BS8 2RE.
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.
WIP is stated at the lower of cost and estimated selling price less costs to complete and sell. The cost of work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, WIP is assessed for impairment. If WIP is impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
Work in progress
672,701
652,590
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Creditors: amounts falling due within one year
2019
2018
Trade creditors
6,723
1,101
Amounts owed to group undertakings and other participating interests
396,085
388,005
Taxes and social security
6,118
10,090
Deferred income
1,300
1,300
62 HIGH STREET LIMITED
Notes to the Accounts
for the year ended 31 December 2019
7
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
216,414
216,414
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
At 31 December 2019, the company was owed £6,410 (2018: £2,590 creditor) by Cube Costruction (Southern) Limited, a company under common control.
At 31 December 2019, the company owed £388,410 (2018: £388,050) to 5 & 7 Robertson Road Limited, a company under common control.
At 31 December 2019, the company owed £14,085 (2018: £2,635 debtor) to Severnview Commercial Properties Limited, a company under common control.
At 31 December 2019, the company owed £216,414 (2018: £216,414) to A Spiller in the form of a director's loan account.
No interest was charged on these balances and there are no fixed repayment terms.
10
Average number of employees
During the year the average number of employees was 0 (2018: 0).
