Accounts filed on 28-02-2021


ACCOUNTS
FOR THE YEAR ENDED 28/02/2021





DIRECTORS
Jason Milward
Matthew Gray


REGISTERED OFFICE
Forge Cottage
Great Green
Cockfield
Bury St Edmunds
IP30 0HJ


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07959821



ACCOUNTANTS
M H Accountancy
The Croft
Windsor Green
Cockfield
Bury St Edmunds
IP30 0LY


ACCOUNTS
FOR THEYEARENDED28/02/2021



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		5


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 28/02/2021

			2021		2020
	Notes		£		£

FIXED ASSETS
Tangible assets	2		19,625		25,324

CURRENT ASSETS
Stock		41,515		156,341
Debtors	4	18,924		30,376
Cash at bank and in hand		128,029		16,379
		188,468		203,096
CREDITORS: Amounts falling due within one year	5	101,898		120,386
NET CURRENT ASSETS			86,570		82,710
TOTAL ASSETS LESS CURRENT LIABILITIES			106,195		108,034


CREDITORS: Amounts falling due after more than one year	6		44,982		58,702


PROVISIONS FOR LIABILITIES AND CHARGES	8		3,775		6,097

NET ASSETS			57,438		43,235

CAPITAL AND RESERVES

Called up share capital	9		1		1
Profit and loss account			57,437		43,234
SHAREHOLDERS' FUNDS			57,438		43,235


BALANCE SHEET AT 28/02/2021

For the year ending 28/02/2021 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 14/05/2021 and signed on their behalf by



.............................
Jason Milward
Director



.............................
Matthew Gray
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.

Plant and Machinery		reducing balance 15%
Commercial Vehicles		reducing balance 25%
Equipment		reducing balance 25%




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	2021	2020
	£	£
Amounts falling due within one year
Trade debtors	17,976	14,513
VAT	-	5,012
Prepayments	948	390
Directors current account - Jason Milward	-	4,844
Directors current account - Matthew Gray	-	5,617
	18,924	30,376




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	£	£
UK corporation tax	20,121	15,220
VAT	5,594	-
CIS control	846	2,870
Directors current account - Jason Milward	1,044	-
Directors current account - Matthew Gray	1,459	-
Bank Loan	56,397	6,020
Mortgage	-	34,188
Other Loan	-	20,000
Hire purchase	7,158	6,722
Trade creditors	7,529	33,598
Paye Control	263	255
Accruals	1,487	1,513
	101,898	120,386




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2021	2020
	£	£
Bank loans (unsecured) >1yr	31,408	37,970
Hire purchase >1yr	13,574	20,732
	44,982	58,702




9. SHARE CAPITAL	2021	2020
	£	£
Allotted, issued and fully paid:
2 Ordinary shares of £0.50 each	1	1
	1	1