Spectrumreserve5 Ltd - Accounts to registrar (filleted) - small 18.2
Spectrumreserve5 Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 July 2020 to 31 December 2020 |
for |
Spectrumreserve5 Ltd |
Spectrumreserve5 Ltd (Registered number: 10726784) |
Contents of the Financial Statements |
for the Period 1 July 2020 to 31 December 2020 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Spectrumreserve5 Ltd |
Company Information |
for the Period 1 July 2020 to 31 December 2020 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
2 Coracle Offices |
St Catherine Street |
Carmarthen |
Carmarthenshire |
SA31 1RD |
Spectrumreserve5 Ltd (Registered number: 10726784) |
Statement of Financial Position |
31 December 2020 |
31.12.20 | 30.6.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
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 |
Spectrumreserve5 Ltd (Registered number: 10726784) |
Notes to the Financial Statements |
for the Period 1 July 2020 to 31 December 2020 |
1. | STATUTORY INFORMATION |
Spectrumreserve5 Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Depreciation is provided on fixed assets once construction completed and brought in to use. Assets are depreciated on a straight line basis over their estimated useful lives of 20 years. |
Taxation |
Taxation for the period 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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2020 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Assets |
under |
construction |
£ |
COST |
At 1 July 2020 |
Additions |
At 31 December 2020 |
NET BOOK VALUE |
At 31 December 2020 |
At 30 June 2020 |
Spectrumreserve5 Ltd (Registered number: 10726784) |
Notes to the Financial Statements - continued |
for the Period 1 July 2020 to 31 December 2020 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.20 | 30.6.20 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
Prepayments and accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.20 | 30.6.20 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Accruals and deferred income |