Phillips-van Belzen Cycles Limited Filleted accounts for Companies House (small and micro)
Phillips-van Belzen Cycles Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
12213978
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Investments |
6 |
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------- |
------- |
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Current assets
Stocks |
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Debtors |
7 |
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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 |
8 |
(
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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 |
9 |
(
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(
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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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Profit and loss account |
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------- |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
30 September 2022
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
12213978
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Notes to the Financial Statements |
Year ended 30 September 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 Unit 2 Sandilands, Longtown, Carlisle, CA6 5LY.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Taxation
Foreign currencies
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:
Leasehold property improvements |
- |
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Plant and machinery |
- |
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Motor vehicles |
- |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
Stocks
Government grants
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2020:
5
).
5.
Tangible assets
Land and buildings |
Plant and machinery |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 October 2020 |
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Additions |
– |
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– |
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------- |
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-------- |
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At 30 September 2021 |
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-------- |
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Depreciation |
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At 1 October 2020 |
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Charge for the year |
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------- |
------- |
------- |
-------- |
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At 30 September 2021 |
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------- |
------- |
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-------- |
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Carrying amount |
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At 30 September 2021 |
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------- |
------- |
-------- |
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At 30 September 2020 |
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6.
Investments
Other investments other than loans |
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£ |
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Cost |
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At 1 October 2020 and 30 September 2021 |
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Impairment |
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At 1 October 2020 and 30 September 2021 |
– |
---- |
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Carrying amount |
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At 30 September 2021 |
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---- |
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At 30 September 2020 |
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7.
Debtors
2021 |
2020 |
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£ |
£ |
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Trade debtors |
– |
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Other debtors |
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-------- |
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8.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors - LLP balance |
3,014 |
3,014
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Other creditors |
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9.
Creditors:
amounts falling due after more than one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
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-------- |
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10.
Directors' advances, credits and guarantees
The Directors were not advanced any monies during the period.