Company Registration No. 02472321 (England and Wales)
Qualitank Services Limited
Unaudited accounts
for the year ended 31 March 2021
Qualitank Services Limited
Unaudited accounts
Contents
Qualitank Services Limited
Company Information
for the year ended 31 March 2021
Director
John Anthony Darnell
Company Number
02472321 (England and Wales)
Registered Office
2 Harrison Street
Halebank
Widnes
WA8 8TN
Qualitank Services Limited
Statement of financial position
as at 31 March 2021
Tangible assets
673,125
752,898
Cash at bank and in hand
203,625
214,488
Creditors: amounts falling due within one year
(48,089)
(32,419)
Net current assets
306,915
359,951
Total assets less current liabilities
980,040
1,112,849
Provisions for liabilities
Deferred tax
(50,742)
(50,742)
Net assets
929,298
1,062,107
Called up share capital
1,000
1,000
Capital redemption reserve
759,134
1,025,636
Profit and loss account
169,164
35,471
Shareholders' funds
929,298
1,062,107
For the year ending 31 March 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 26 April 2021 and were signed on its behalf by
John Anthony Darnell
Director
Company Registration No. 02472321
Qualitank Services Limited
Notes to the Accounts
for the year ended 31 March 2021
Qualitank Services Limited is a private company, limited by shares, registered in England and Wales, registration number 02472321. The registered office is 2 Harrison Street , Halebank, Widnes, WA8 8TN.
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:
Land & buildings
15% straight line
Plant & machinery
5% straight line
Motor vehicles
20% straight line
Fixtures & fittings
5% straight line
Computer equipment
15% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2020
911,985
970
59,875
1,434
974,264
Additions
176,319
38,573
-
-
214,892
At 31 March 2021
1,088,304
39,543
59,875
1,434
1,189,156
At 1 April 2020
202,040
970
17,942
414
221,366
Charge for the year
281,630
3,857
8,971
207
294,665
At 31 March 2021
483,670
4,827
26,913
621
516,031
At 31 March 2021
604,634
34,716
32,962
813
673,125
At 31 March 2020
709,945
-
41,933
1,020
752,898
Qualitank Services Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
141,000
108,975
Accrued income and prepayments
10,379
15,435
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
50,040
22,593
Taxes and social security
(50,742)
9,826
Proposed dividends
50,000
-
7
Average number of employees
During the year the average number of employees was 0 (2020: 5).
