SEVERN VALLEY STORAGE LIMITED Filleted accounts for Companies House (small and micro)
SEVERN VALLEY STORAGE LIMITED Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
02008495
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Abridged Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
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--------- |
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Net current assets |
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--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Provisions
Taxation including deferred tax |
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--------- |
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Net assets |
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--------- |
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Capital and reserves
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the abridged 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 abridged financial statements for the year 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 abridged financial statements
.
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
13 September 2022
, and are signed on behalf of the board by:
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Director |
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Company registration number:
02008495
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Notes to the Abridged Financial Statements |
Year ended 31 December 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 Alveley Industrial Estate, Alveley, Bridgnorth, WV15 6HN.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102.
Revenue recognition
Income tax
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:
Plant and machinery |
- |
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Dies and moulds |
- |
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Motor vehicles |
- |
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Equipment |
- |
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Impairment of fixed assets
Stocks
Provisions
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
7
(2020:
7
).
5.
Tangible assets
£ |
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Cost |
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At 1 January 2021 and 31 December 2021 |
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Depreciation |
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At 1 January 2021 |
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Charge for the year |
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At 31 December 2021 |
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Carrying amount |
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At 31 December 2021 |
52,228 |
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At 31 December 2020 |
56,303 |
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6.
Director's advances, credits and guarantees
7.
Related party transactions