Accounts filed on 01-07-2021


ACCOUNTS
FOR THE 457 DAY PERIOD ENDED 01/07/2021





DIRECTORS
J McGill - Resigned 1 July 2021
H Leach - Resigned 1 July 2021
S Tuke- Resigned 1 July 2021
Barry Koors Lanesman


REGISTERED OFFICE
Nicholas House
River Front
Enfield
EN1 3FG


COMPANY DETAILS
Private company limited by shares registered in England and Wales, registered number 06897582



ACCOUNTANTS
Staffer Mayled & Co Limited
46-48
Station Road
Llanishen
Cardiff
CF14 5LU


ACCOUNTS
FOR THE457 DAY PERIODENDED01/07/2021



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 01/07/2021

			2021		2020
	Notes		£		£

FIXED ASSETS
Intangible assets	3		33,036		41,730
Tangible assets	4		43,738		147,650
Investment Assets	5		323,469		323,469

			400,243		512,849

CURRENT ASSETS
Stock		55,142		101,005
Debtors	7	438,053		391,865
Cash at bank and in hand		27,521		1,943
		520,716		494,813
CREDITORS: Amounts falling due within one year	8	372,241		399,583
NET CURRENT ASSETS			148,475		95,230
TOTAL ASSETS LESS CURRENT LIABILITIES			548,718		608,079


CREDITORS: Amounts falling due after more than one year	9		-		562,595

NET ASSETS			548,718		45,484

CAPITAL AND RESERVES

Called up share capital	10		3		3
Profit and loss account			548,715		45,481
SHAREHOLDERS' FUNDS			548,718		45,484

For the year ending 01/07/2021 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 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 24/06/2022 and signed on their behalf by



.............................
Barry Koors Lanesman
Director

1. ACCOUNTING POLICIES


1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .


1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%


1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.


1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.


1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.


1f. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.


5. FINANCIAL ASSETS

	Shares in group companies
	and participating interests	Total
	£	£
Cost
At 01/04/2020	323,469	323,469
At 01/07/2021	323,469	323,469
Amortisation
Net Book Amounts
At 01/07/2021	323,469	323,469
At 31/03/2020	323,469	323,469


7. DEBTORS	2021	2020
	£	£
Amounts falling due within one year
Trade debtors	102,219	79,296
Amounts due from group companies	335,834	312,569
	438,053	391,865


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	£	£
UK corporation tax	128,547	82,877
PAYE control	4,602	-
Directors current account	24,997	637
Hire purchase	11,292	52,879
Trade creditors	202,803	263,190
	372,241	399,583


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2021	2020
	£	£
Loans >1yr	-	562,595
	-	562,595


10. SHARE CAPITAL	2021	2020
	£	£
Allotted, issued and fully paid:
3 Ordinary shares of £1 each	3	3
	3	3


11. CONTROLLING PARTY
Are the directors and shareholders of the company.