G.HARRISON GROUNDWORKS LIMITED 30/09/2020 iXBRL
G.HARRISON GROUNDWORKS LIMITED 30/09/2020 iXBRL
Company registration number
03636646
Contents
Directors and other information
Director's report
Statement of comprehensive income
Statement of financial position
Notes to the financial statements
Directors and other information
Director |
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Secretary |
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Company number |
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Registered office |
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Business address |
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Accountants |
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4 Bloors Lane | ||
Rainham | ||
Gillingham | ||
Kent | ||
Director's report
Year ended 30 September 2020
The director presents his report and the unaudited financial statements of the company for the year ended 30 September 2020.
Director
The director who served the company during the year was as follows:
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Small company provisions
This report was approved by the board of directors on
10 March 2021
and signed on behalf of the board by:
Director
Statement of comprehensive income
Year ended 30 September 2020
2020 | 2019 | |||||
Note | £ | £ | ||||
Turnover |
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Cost of sales |
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Gross profit |
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Administrative expenses |
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Operating loss |
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Interest payable and similar expenses | - |
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Loss before taxation | 5 |
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Tax on loss | - | - | ||||
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Loss for the financial year and total comprehensive income |
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All the activities of the company are from continuing operations.
Statement of financial position
30 September 2020
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Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 6 |
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Current assets | |||||||||
Debtors | 7 |
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Creditors: amounts falling due | |||||||||
within one year | 8 |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year | 9 | - |
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Net liabilities |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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Shareholders deficit |
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Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the
board of directors
and authorised for issue on
10 March 2021
, and are signed on behalf of the board by:
Director
Company registration number:
03636646
Notes to the financial statements
Year ended 30 September 2020
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 22 Broadwell Woods, Red Lane, Burton Green, Kenilworth, Warwickshire.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.
When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.
Taxation
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 | - |
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Fittings fixtures and equipment | - |
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Motor vehicles | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Government grants
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2019:
4
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5.
Loss before taxation
Loss before taxation is stated after charging/(crediting):
2020 | 2019 | ||||
£ | £ | ||||
Depreciation of tangible assets |
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Tangible assets
Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total | ||
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Cost | |||||
At 1 October 2019 and 30 September 2020 |
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Depreciation | |||||
At 1 October 2019 |
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Charge for the year |
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At 30 September 2020 |
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Carrying amount | |||||
At 30 September 2020 |
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At 30 September 2019 |
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7.
Debtors
2020 | 2019 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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8.
Creditors: amounts falling due within one year
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£ | £ | |||
Bank loans and overdrafts |
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Trade creditors |
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Social security and other taxes |
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Other creditors |
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9.
Creditors: amounts falling due after more than one year
2020 | 2019 | |||
£ | £ | |||
Other creditors | - |
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10.
Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company: | ||||
2020 | ||||
Balance brought forward | Advances /(credits) to the director | Balance o/standing | ||
£ | £ | £ | ||
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2019 | ||||
Balance brought forward | Advances /(credits) to the director | Balance o/standing | ||
£ | £ | £ | ||
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11.
Going concern
As at 30 September 2020 the balance sheet shows net current liabilities. These financial statements have been prepared on the going concern basis as the director has agreed to continue to support the company to ensure it is able to meets its debts as they fall due.
The following pages do not form part of the statutory accounts.
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of G.HARRISON GROUNDWORKS LIMITED
Year ended 30 September 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of G.Harrison Groundworks Limited for the year ended 30 September 2020 which comprise the statement of comprehensive income, statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of G.Harrison Groundworks Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of G.Harrison Groundworks Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G.Harrison Groundworks Limited and its director as a body for our work or for this report.
It is your duty to ensure that G.Harrison Groundworks Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of G.Harrison Groundworks Limited. You consider that G.Harrison Groundworks Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of G.Harrison Groundworks Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountants
4 Bloors Lane
Rainham
Gillingham
Kent
24 February 2020