S & R NORTHANTS LTD - Accounts to registrar (filleted) - small 18.2
S & R NORTHANTS LTD - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Abridged Financial Statements for the Year Ended 28 February 2020 |
for |
S & R NORTHANTS LTD |
S & R NORTHANTS LTD (Registered number: 09460885) |
Contents of the Financial Statements |
for the Year Ended 28 February 2020 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
S & R NORTHANTS LTD |
Company Information |
for the Year Ended 28 February 2020 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
31 Walker Avenue |
Wolverton Mill East |
Milton Keynes |
Buckinghamshire |
MK12 5TW |
S & R NORTHANTS LTD (Registered number: 09460885) |
Abridged Statement of Financial Position |
28 February 2020 |
2020 | 2019 |
£ | £ |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
S & R NORTHANTS LTD (Registered number: 09460885) |
Notes to the Financial Statements |
for the Year Ended 28 February 2020 |
1. | STATUTORY INFORMATION |
S & R NORTHANTS LTD is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The company has the continued support of the director. On this basis the director considers that the going concern basis of preparation to be appropriate. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2019 - NIL). |
4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
At the Balance Sheet date the sum of £10,511 was owed by the company to the director, (2019 - £nil). £10,511 was the maximum amount outstanding, Interest has not been accrued or paid on the sum outstanding. |
S & R NORTHANTS LTD (Registered number: 09460885) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2020 |
5. | RELATED PARTY DISCLOSURES |
At the Balance Sheet date the sum of £257, (2019- £257), is owed to SDB Projects Ltd. |
Mr E Sefolli is a director and shareholder of SDB Projects Ltd. |
At the Balance Sheet date the sum of £335,509 (2019 - £nil) is owed by SDP Real Estate Ltd. Works and services invoiced during the year to SDP Real Estate Ltd amounted to £335,509, (2019 - £nil). |
This sum is included within trade debtors. |
Mr E Sefolli is a director and shareholder of SDP Real Estate Ltd. |