Company Registration No. 03518814 (England and Wales)
Salford G.I.S. Limited
Unaudited accounts
for the year ended 31 March 2021
Salford G.I.S. Limited
Unaudited accounts
Contents
Salford G.I.S. Limited
Company Information
for the year ended 31 March 2021
Company Number
03518814 (England and Wales)
Registered Office
Clippers House
Clippers Quay
Salford Quays
M50 3XP
Accountants
J F Balshaw & Co
20 Old Kiln Lane
Heaton
Bolton
Lancashire
BL1 5PD
Salford G.I.S. Limited
Statement of financial position
as at 31 March 2021
Tangible assets
3,032
2,399
Cash at bank and in hand
13,206
18,413
Creditors: amounts falling due within one year
(15,864)
(13,039)
Net current assets
13,685
6,994
Total assets less current liabilities
16,717
9,393
Creditors: amounts falling due after more than one year
(5,950)
-
Called up share capital
250
250
Capital redemption reserve
750
750
Profit and loss account
9,767
8,393
Shareholders' funds
10,767
9,393
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 August 2021 and were signed on its behalf by
Mr Robert Knight
Director
Company Registration No. 03518814
Salford G.I.S. Limited
Notes to the Accounts
for the year ended 31 March 2021
Salford G.I.S. Limited is a private company, limited by shares, registered in England and Wales, registration number 03518814. The registered office is Clippers House, Clippers Quay, Salford Quays, M50 3XP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2020
1,748
29,877
31,625
At 31 March 2021
1,748
31,521
33,269
At 1 April 2020
1,631
27,595
29,226
Charge for the year
29
982
1,011
At 31 March 2021
1,660
28,577
30,237
At 31 March 2021
88
2,944
3,032
At 31 March 2020
117
2,282
2,399
Salford G.I.S. Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
12,343
1,620
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
1,050
-
Trade creditors
4,556
2,551
Taxes and social security
9,683
9,913
7
Creditors: amounts falling due after more than one year
2021
2020
Allotted, called up and fully paid:
250 Ordinary shares of £1 each
250
250
9
Transactions with related parties
The company is owed a balance of £4,000 (2020 £nil) by the director.
10
Average number of employees
During the year the average number of employees was 1 (2020: 1).
