Company Registration No. 10569416 (England and Wales)
KRG FABRICATION & WELDING SERVICES LTD
Unaudited accounts
for the year ended 31 January 2021
KRG FABRICATION & WELDING SERVICES LTD
Unaudited accounts
Contents
KRG FABRICATION & WELDING SERVICES LTD
Company Information
for the year ended 31 January 2021
Company Number
10569416 (England and Wales)
Registered Office
23 ULLSWATER
LOWESTOFT
NR33 8WG
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
KRG FABRICATION & WELDING SERVICES LTD
Statement of financial position
as at 31 January 2021
Cash at bank and in hand
11,156
15,485
Creditors: amounts falling due within one year
(7,306)
(7,702)
Net current assets
3,850
7,783
Total assets less current liabilities
4,932
8,357
Creditors: amounts falling due after more than one year
-
(226)
Called up share capital
1
1
Profit and loss account
4,931
8,130
Shareholders' funds
4,932
8,131
For the year ending 31 January 2021 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 director acknowledges his 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 and authorised for issue on 21 May 2021 and were signed on its behalf by
Karl Godbold
Director
Company Registration No. 10569416
KRG FABRICATION & WELDING SERVICES LTD
Notes to the Accounts
for the year ended 31 January 2021
KRG FABRICATION & WELDING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10569416. The registered office is 23 ULLSWATER, LOWESTOFT, NR33 8WG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
6,402
7,097
Loans from directors
289
-
KRG FABRICATION & WELDING SERVICES LTD
Notes to the Accounts
for the year ended 31 January 2021
6
Creditors: amounts falling due after more than one year
2021
2020
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
