Black Teknigas & Electro Controls Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04320125 (England and Wales)

Financial Statements

for the Year Ended 31 December 2021

for

Black Teknigas & Electro Controls Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

O P J Giverdon

N P Wood

SECRETARY:

O P J Giverdon

REGISTERED OFFICE:

Colmworth Business Park

Eaton Socon

St Neots

Cambridgeshire

PE19 8YX

REGISTERED NUMBER:

04320125 (England and Wales)

AUDITORS:

Pinfields Limited

Chartered Accountants

Meryll House

57 Worcester Road

Bromsgrove

Worcestershire

B61 7DN

CURRENT ASSETS

Debtors

4

3,868,271

3,867,826

Cash at bank

866

1,687

3,869,137

3,869,513

CREDITORS

Amounts falling due within one year

5

15,477

15,476

NET CURRENT ASSETS

3,853,660

3,854,037

TOTAL ASSETS LESS CURRENT LIABILITIES

3,853,660

3,854,037

CAPITAL AND RESERVES

Called up share capital

16,050

16,050

Share premium

468,325

468,325

Capital redemption reserve

12,951

12,951

Retained earnings

3,356,334

3,356,711

SHAREHOLDERS' FUNDS

3,853,660

3,854,037

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 September 2022 and were signed on its behalf by:

N P Wood - Director

1.	STATUTORY INFORMATION

Black Teknigas & Electro Controls Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 (2020 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Other debtors

3,868,271

3,867,826

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Amounts owed to group undertakings

15,477

15,476

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

P J Tivey FCA FCCA (Senior Statutory Auditor)

for and on behalf of Pinfields Limited