Motor Vehicle Inspection Services Ltd Filleted accounts for Companies House (small and micro)
Motor Vehicle Inspection Services Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
12769556
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FINANCIAL STATEMENTS |
PERIOD ENDED 31 JULY 2021
CONTENTS |
PAGE |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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STATEMENT OF FINANCIAL POSITION |
2021 |
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Note |
£ |
FIXED ASSETS
Tangible assets |
5 |
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CURRENT ASSETS
Cash at bank and in hand |
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CREDITORS: amounts falling due within one year |
6 |
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NET CURRENT LIABILITIES |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
(
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PROVISIONS |
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NET LIABILITIES |
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STATEMENT OF FINANCIAL POSITION (continued) |
2021 |
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Note |
£ |
CAPITAL AND RESERVES
Called up share capital |
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Profit and loss account |
(
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SHAREHOLDERS DEFICIT |
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In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
27 July 2022
, and are signed on behalf of the board by:
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Director |
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Company registration number:
12769556
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NOTES TO THE FINANCIAL STATEMENTS |
PERIOD ENDED 31 JULY 2021
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 East Barnet Road, London, EN4 8RF, England.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
Basis of preparation
Revenue recognition
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings |
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Equipment |
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Impairment of fixed assets
Provisions
Financial instruments
4.
TAX ON LOSS
Major components of tax expense
2021 |
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£ |
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Deferred tax:
Origination and reversal of timing differences |
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Tax on loss |
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5.
TANGIBLE ASSETS
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 August 2020 |
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– |
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Additions |
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At 31 July 2021 |
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Depreciation |
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At 1 August 2020 |
– |
– |
– |
Charge for the period |
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At 31 July 2021 |
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Carrying amount |
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At 31 July 2021 |
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6.
CREDITORS:
amounts falling due within one year
2021 |
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£ |
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Other creditors |
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7.
DEFERRED TAX
The deferred tax included in the statement of financial position is as follows:
2021 |
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£ |
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Included in provisions |
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8.
DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
During the year the director did not enter into any advances, credits or guarantees with the company.