Allen Render Solutions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07593833 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2020

for

Allen Render Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss B L Allen

Mrs A L Pulman

REGISTERED OFFICE:

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

BUSINESS ADDRESS:

Garden House

Stretton Hall

Oadby

Leicester

Leicestershire

LE2 4QX

REGISTERED NUMBER:

07593833 (England and Wales)

ACCOUNTANTS:

torr waterfield

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

4

164,798

114,455

CURRENT ASSETS

Stocks

14,255

15,724

Debtors

5

694,320

848,597

Cash at bank

69,119

-

777,694

864,321

CREDITORS

Amounts falling due within one year

6

414,452

549,871

NET CURRENT ASSETS

363,242

314,450

TOTAL ASSETS LESS CURRENT LIABILITIES

528,040

428,905

CREDITORS

Amounts falling due after more than one year

7

(94,388

)

(46,000

)

PROVISIONS FOR LIABILITIES

(28,986

)

(18,646

)

NET ASSETS

404,666

364,259

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

404,662

364,255

SHAREHOLDERS' FUNDS

404,666

364,259

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2020 and were signed on its behalf by:

Miss B L Allen - Director

1.	STATUTORY INFORMATION

Allen Render Solutions Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and estimated selling price less costs to complete and

sell, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

Hire purchase and leasing commitments

Assets obtained under the hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2019 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2019

58,396

764

184,970

10,520

254,650

Additions

4,500

-

101,500

720

106,720

At 30 April 2020

62,896

764

286,470

11,240

361,370

DEPRECIATION

At 1 May 2019

30,806

764

99,205

9,420

140,195

Charge for year

8,707

-

46,816

854

56,377

At 30 April 2020

39,513

764

146,021

10,274

196,572

NET BOOK VALUE

At 30 April 2020

23,383

-

140,449

966

164,798

At 30 April 2019

27,590

-

85,765

1,100

114,455

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Trade debtors

387,813

589,033

Amounts owed by group undertakings

67,835

-

Amounts recoverable on contract

102,678

99,558

Other debtors

135,994

160,006

694,320

848,597

Other debtors includes prepayments and accrued income totalling £13,223 (2019: £15,649).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Bank loans and overdrafts

-

17,515

Hire purchase contracts and finance leases

41,126

27,385

Trade creditors

314,697

421,898

Taxation and social security

46,579

72,552

Other creditors

12,050

10,521

414,452

549,871

Other creditors includes accruals and deferred income totalling £6,752 (2019: £6,724).

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.20

30.4.19

£

£

Hire purchase contracts and finance leases

94,388

46,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.20

30.4.19

£

£

Bank overdraft

-

17,515

Hire purchase contracts and finance leases

135,514

73,385

135,514

90,900

Hire purchase liabilities are secured on the individual assets being so acquired.

The bank overdraft is secured by a fixed and floating charge over the assets of the company.