Berkshire Land and Energy Limited - Period Ending 2020-04-30

Berkshire Land and Energy Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 5

Berkshire Land and Energy Limited

(Registration number: 07904857)
Balance Sheet as at 30 April 2020

	Note	2020 £	2019 £
Fixed assets
Tangible assets	4	927	927
Current assets
Debtors	5	2,276	2,276
Cash at bank and in hand		48,830	55,767
		51,106	58,043
Creditors: Amounts falling due within one year	6	(11,784)	(16,721)
Net current assets		39,322	41,322
Net assets		40,249	42,249
Capital and reserves
Called up share capital		100	100
Profit and loss account		40,149	42,149
Shareholders' funds		40,249	42,249

For the financial year ending 30 April 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 29 April 2021
 

Berkshire Land and Energy Limited

(Registration number: 07904857)
Balance Sheet as at 30 April 2020

.........................................

I Knott
Director

Berkshire Land and Energy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2020

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Brooklands
191 Reading Road
Wokingham
Berkshire
RG41 1LJ
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	15% reducing balance basis

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2019 - 1).

Berkshire Land and Energy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2020

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 May 2019	2,208	2,208
At 30 April 2020	2,208	2,208
Depreciation
At 1 May 2019	1,281	1,281
At 30 April 2020	1,281	1,281
Carrying amount
At 30 April 2020	927	927
At 30 April 2019	927	927

5

Debtors

	2020 £	2019 £
Other debtors	2,276	2,276
	2,276	2,276

6

Creditors

Creditors: amounts falling due within one year

	2020 £	2019 £
Due within one year
Other creditors	11,784	16,721

Berkshire Land and Energy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2020

7	Related party transactions

Transactions with directors

2020	At 1 May 2019 £	Other payments made to company by director £	At 30 April 2020 £
I Knott
Transactions during the year	15,971	(4,937)	11,034

2019	At 1 May 2018 £	Other payments made to company by director £	At 30 April 2019 £
I Knott
Transactions during the year	(7,530)	(8,441)	15,971