Owens Formwork Limited Filleted accounts for Companies House (small and micro)
Owens Formwork Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
SC386787
|
|
For the year ended |
|
|
Abridged Financial Statements |
Year ended 31 October 2019
Contents |
Page |
Abridged statement of financial position |
1 |
Notes to the abridged financial statements |
3 |
|
Abridged Statement of Financial Position |
2019 |
2018 |
||
Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
|
|
|
Current assets
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
--------- |
--------- |
||
|
|
||
Creditors: amounts falling due within one year |
|
|
|
--------- |
--------- |
||
Net current assets |
|
|
|
-------- |
-------- |
||
Total assets less current liabilities |
|
|
|
Provisions |
|
– |
|
-------- |
-------- |
||
Net assets |
|
|
|
-------- |
-------- |
||
|
Abridged Statement of Financial Position (continued) |
2019 |
2018 |
||
Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
|
|
|
Profit and loss account |
|
|
|
-------- |
-------- |
||
Shareholders funds |
|
|
|
-------- |
-------- |
||
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
These abridged financial statements were approved by the
board of directors
and authorised for issue on
20 October 2020
, and are signed on behalf of the board by:
|
|
Director |
Director |
Company registration number:
SC386787
|
Notes to the Abridged Financial Statements |
Year ended 31 October 2019
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 16 Knocklea, Biggar, Lanarkshire, ML12 6EE, UK.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Taxation
Operating leases
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
- |
|
|
Motor vehicles |
- |
|
|
Impairment of fixed assets
Finance leases and hire purchase contracts
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2018:
2
).
5.
Tangible assets
£ |
|
Cost |
|
At 1 November 2018 |
|
Additions |
|
Disposals |
(
|
--------- |
|
At 31 October 2019 |
|
--------- |
|
Depreciation |
|
At 1 November 2018 |
|
Charge for the year |
|
Disposals |
(
|
--------- |
|
At 31 October 2019 |
|
--------- |
|
Carrying amount |
|
At 31 October 2019 |
2,100 |
--------- |
|
At 31 October 2018 |
10,709 |
--------- |
|
6.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2019 |
2018 |
|
£ |
£ |
|
Later than 1 year and not later than 5 years |
|
|
-------- |
-------- |
|
7.
Directors' advances, credits and guarantees