20/20 Mailing Equipment Ltd,Ltd - AccountsLtd - Accounts

20/20 Mailing Equipment Ltd,Ltd - AccountsLtd - Accounts

20/20 MAILING EQUIPMENT LTD - Company Information

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2018-11-01 07810014 2019-10-31 07810014 2018-11-01 2019-10-31 07810014 2018-10-31 07810014 2017-11-01 2018-10-31 07810014 uk-core:WithinOneYear 2018-10-31 07810014 uk-core:WithinOneYear 2019-10-31 07810014 uk-core:ShareCapital 2019-10-31 07810014 uk-core:ShareCapital 2018-10-31 07810014 uk-core:RetainedEarningsAccumulatedLosses 2019-10-31 07810014 uk-core:RetainedEarningsAccumulatedLosses 2018-10-31 07810014 uk-bus:Director1 2018-11-01 2019-10-31 iso4217:GBP xbrli:pure 07810014 uk-bus:AuditExemptWithAccountantsReport 2018-11-01 2019-10-31 07810014 uk-bus:FRS102 2018-11-01 2019-10-31 07810014 uk-bus:FullAccounts 2018-11-01 2019-10-31 07810014 uk-bus:PrivateLimitedCompanyLtd 2018-11-01 2019-10-31
Draft
20/20 Mailing Equipment Ltd
Registered Number:07810014
For the year ended 31 October 2019
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 October 2019
20/20 Mailing Equipment Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
07810014
As at 31 October 2019
20/20 Mailing Equipment Ltd
Statement of Financial Position
£
£
2018
2019
Notes
Current assets
Inventories
15,000
15,000
Trade and other receivables
4,282
3,087
2
485
Cash and cash equivalents
2,243
20,330
19,767
Trade and other payables: amounts falling due within one
year
(22,849)
(22,783)
3
(3,082)
(2,453)
Net current liabilities
Total assets less current liabilities
(2,453)
(3,082)
(2,453)
Net liabilities
(3,082)
Capital and reserves
Called up share capital
61
61
Retained earnings
(2,514)
(3,143)
(2,453)
(3,082)
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Michael Sidney Williams Director
These financial statements were approved and authorised for issue by the Board on 19 October 2020 and were signed by:
The notes form part of these financial statements
1 of 3
4
Draft
For the year ended 31 October 2019
20/20 Mailing Equipment Ltd
Notes to the Financial Statements
Statutory Information
20/20 Mailing Equipment Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07810014.
Registered address:
Unit L Orchard Bus. Ctr. St Barnabas Close
20/20 Business Park
Allington
Kent
ME16 0JZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration of franking machine services, excluding VAT.
Inventories
Inventories are valued at the lower of cost and net realisable value. Going Concern These accounts have been prepared on the going concern basis, on the understanding that the Director and shareholder will continue to financially support the company during this uncertain period.
2. Trade and other receivables
2018
2019
£
£
Trade debtors
2,980
4,175
Other debtors
107
107
4,282
3,087
3. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Trade creditors
213
4,471
Taxation and social security
4,220
4,505
Other creditors
18,350
13,873
22,783
22,849
2 of 3
5
Draft
For the year ended 31 October 2019
20/20 Mailing Equipment Ltd
Notes to the Financial Statements Continued
4. Average number of persons employed
During the year the average number of employees was 2 (2018 : 2)
3 of 3