Filtration and Separation Limited

Filtration and Separation Limited

FILTRATION AND SEPARATION LIMITED - Company Information

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1 January 2020 false No description of principal activity Taxfiler 2021.6 04241139business:PrivateLimitedCompanyLtd2020-01-012020-12-31 042411392019-12-31 042411392020-01-012020-12-31 04241139business:AuditExemptWithAccountantsReport2020-01-012020-12-31 04241139business:FullAccounts2020-01-012020-12-31 042411392020-12-31 04241139business:Director12020-01-012020-12-31 04241139business:Director22020-01-012020-12-31 04241139business:RegisteredOffice2020-01-012020-12-31 042411392019-12-31 04241139core:WithinOneYear2020-12-31 04241139core:WithinOneYear2019-12-31 04241139core:ShareCapital2020-12-31 04241139core:ShareCapital2019-12-31 04241139core:SharePremium2020-12-31 04241139core:SharePremium2019-12-31 04241139core:RetainedEarningsAccumulatedLosses2020-12-31 04241139core:RetainedEarningsAccumulatedLosses2019-12-31 04241139business:SmallEntities2020-01-012020-12-31 04241139countries:EnglandWales2020-01-012020-12-31 04241139core:PlantMachinery2020-01-012020-12-31 04241139core:MotorVehicles2020-01-012020-12-31 04241139core:Goodwill2019-12-31 04241139core:Goodwill2020-12-31 04241139core:PlantMachinery2019-12-31 04241139core:MotorVehicles2019-12-31 04241139core:PlantMachinery2020-12-31 04241139core:MotorVehicles2020-12-31 042411392019-01-012019-12-31 iso4217:GBP xbrli:pure
Company Registration No. 04241139 (England and Wales)
Filtration and Separation Limited Unaudited accounts for the year ended 31 December 2020
Filtration and Separation Limited Unaudited accounts Contents
Page
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Filtration and Separation Limited Company Information for the year ended 31 December 2020
Directors
Mr R A Pearce Mrs M S Pearce
Company Number
04241139 (England and Wales)
Registered Office
Roselea House Pencoed Lane Newport Gwent NP18 2ED WALES
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Filtration and Separation Limited Statement of financial position as at 31 December 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
2,406 
2,877 
Investments
6
20 
20 
2,426 
2,897 
Current assets
Inventories
40,895 
26,738 
Debtors
7
50,315 
52,515 
Cash at bank and in hand
50,200 
2,622 
141,410 
81,875 
Creditors: amounts falling due within one year
8
(115,128)
(48,512)
Net current assets
26,282 
33,363 
Net assets
28,708 
36,260 
Capital and reserves
Called up share capital
114 
114 
Share premium
9,986 
9,986 
Profit and loss account
18,608 
26,160 
Shareholders' funds
28,708 
36,260 
For the year ending 31 December 2020 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2021 and were signed on its behalf by
Mr R A Pearce Director Company Registration No. 04241139
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Filtration and Separation Limited Notes to the Accounts for the year ended 31 December 2020
1
Statutory information
Filtration and Separation Limited is a private company, limited by shares, registered in England and Wales, registration number 04241139. The registered office is Roselea House, Pencoed Lane, Newport, Gwent, NP18 2ED, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2020
30,000 
At 31 December 2020
30,000 
Amortisation
At 1 January 2020
30,000 
At 31 December 2020
30,000 
Net book value
At 31 December 2020
- 
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Filtration and Separation Limited Notes to the Accounts for the year ended 31 December 2020
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2020
62,155 
5,835 
67,990 
Additions
300 
- 
300 
At 31 December 2020
62,455 
5,835 
68,290 
Depreciation
At 1 January 2020
60,295 
4,818 
65,113 
Charge for the year
517 
254 
771 
At 31 December 2020
60,812 
5,072 
65,884 
Net book value
At 31 December 2020
1,643 
763 
2,406 
At 31 December 2019
1,860 
1,017 
2,877 
6
Investments
Other investments 
£ 
Valuation at 1 January 2020
20 
Valuation at 31 December 2020
20 
7
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade debtors
38,114 
46,905 
Accrued income and prepayments
6,470 
2,842 
Other debtors
5,731 
2,768 
50,315 
52,515 
8
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Bank loans and overdrafts
59,471 
11,363 
VAT
1,479 
3,313 
Trade creditors
48,775 
20,227 
Amounts owed to group undertakings and other participating interests
- 
1,060 
Taxes and social security
426 
9,249 
Other creditors
865 
915 
Loans from directors
- 
201 
Accruals
4,112 
2,184 
115,128 
48,512 
9
Average number of employees
During the year the average number of employees was 8 (2019: 8).
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