Accounts filed on 31-03-2020


ACCOUNTS
FOR THE YEAR ENDED 31/03/2020





DIRECTORS
J R Viewing


REGISTERED OFFICE
32 High Street
Souldrop
Bedfordshire
MK44 1EY


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06860213



ACCOUNTANTS


ACCOUNTS
FOR THEYEARENDED31/03/2020



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2020

			2020		2019
	Notes		£		£

FIXED ASSETS

CURRENT ASSETS
Stock		6,000		6,000
Debtors	4	33,886		21,424
Cash at bank and in hand		13,762		2,329
		53,648		29,753
CREDITORS: Amounts falling due within one year	5	41,868		18,041
NET CURRENT ASSETS			11,780		11,712
TOTAL ASSETS LESS CURRENT LIABILITIES			11,780		11,712


CREDITORS: Amounts falling due after more than one year	6		11,385		11,385

NET ASSETS			395		327

CAPITAL AND RESERVES

Called up share capital	8		101		101
Profit and loss account			294		226
SHAREHOLDERS' FUNDS			395		327

For the year ending 31/03/2020 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 18/12/2020 and signed on their behalf by



.............................
J R Viewing
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		straight line 33%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




4. DEBTORS	2020	2019
	£	£
Amounts falling due within one year
Trade debtors	19,503	9,970
VAT	-	696
Directors current account	14,383	10,758
	33,886	21,424




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
	£	£
UK corporation tax	11,369	4,498
VAT	4,058	-
PAYE control	40	-
Trade creditors	24,614	11,738
Accruals	1,787	1,805
	41,868	18,041




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2020	2019
	£	£
Other creditors > 1yr	11,385	11,385
	11,385	11,385

As of 31/03/2020 the company owed Ranger Computers Limited £11,385 (2019 - £11,385) in relation to a long-term loan. Ranger Computers Limited has 15% shareholding in the business.




8. SHARE CAPITAL	2020	2019
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
1 Class A shares of £1 each	1	1
	101	101




9. CONTROLLING PARTY
The company is controlled by Mr Jeremy Viewing.

10. RELATED PARTY TRANSACTIONS

During the year, total dividends of £48,000 (2019 - £18,500) were paid to the director.