Micro-entity Accounts - PROCESSION TECHNOLOGY LTD

Micro-entity Accounts - PROCESSION TECHNOLOGY LTD

PROCESSION TECHNOLOGY LTD - Company Information

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Registered Number SC456311

PROCESSION TECHNOLOGY LTD

Micro-entity Accounts

31 August 2020

PROCESSION TECHNOLOGY LTD Registered Number SC456311

Micro-entity Balance Sheet as at 31 August 2020

Notes 2020 2019
£ £
Called up share capital not paid
-
-
Fixed Assets
2,000,000
2,000,000
Current Assets
336
319
Prepayments and accrued income
-
-
Creditors: amounts falling due within one year
(550)
(430)
Net current assets (liabilities)
(214)
(111)
Total assets less current liabilities
1,999,786
1,999,889
Creditors: amounts falling due after more than one year
(2,000,000)
(2,000,000)
Total net assets (liabilities)
(214)
(111)
Capital and reserves
(214)
(111)
  • For the year ending 31 August 2020 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 May 2021

And signed on their behalf by:
J D S Chassels, Director

PROCESSION TECHNOLOGY LTD Registered Number SC456311

Notes to the Micro-entity Accounts for the period ended 31 August 2020

1Employees
2020 2019
Average number of employees during the period 1 1