Piccadilly Contracts Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06769295 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2020

FOR

PICCADILLY CONTRACTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss B Constable

REGISTERED OFFICE:

Mercury House

19/21 Chapel Street

Marlow

Bucks

SL7 3HN

REGISTERED NUMBER:

06769295 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

CURRENT ASSETS

Debtors

5

3,565

-

Cash at bank

333

5

3,898

5

CREDITORS

Amounts falling due within one year

6

3,839

16,353

NET CURRENT ASSETS/(LIABILITIES)

59

(16,348

)

TOTAL ASSETS LESS CURRENT LIABILITIES

59

(16,348

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

7

58

(16,349

)

SHAREHOLDERS' FUNDS

59

(16,348

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd December 2020 and were signed by:

Miss B Constable - Director

1.	STATUTORY INFORMATION

Piccadilly Contracts Limited 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.

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st April 2019

and 31st March 2020

400

DEPRECIATION

At 1st April 2019

and 31st March 2020

400

NET BOOK VALUE

At 31st March 2020

-

At 31st March 2019

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Directors' current accounts

3,565

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade creditors

528

888

Tax

2,471

-

VAT

-

418

Directors' current accounts

-

14,207

Accruals and deferred income

840

840

3,839

16,353

7.

RESERVES

Retained

earnings

£

At 1st April 2019

(16,349

)

Profit for the year

19,907

Dividends

(3,500

)

At 31st March 2020

58

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director has agreed to repay the loan within 9 months of the end of the accounting period.

9.	ULTIMATE CONTROLLING PARTY

Miss B Constable is the ultimate controlling party by virtue of her 100% shareholding.