Micro-entity Accounts - 355 AUTOMOBILE RESTORATIONS LIMITED
Micro-entity Accounts - 355 AUTOMOBILE RESTORATIONS LIMITED
Registered Number
Micro-entity Accounts
30 June 2021
355 AUTOMOBILE RESTORATIONS LIMITED Registered Number 05427580
Micro-entity Balance Sheet as at 30 June 2021
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Fixed Assets |
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Current Assets |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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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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Total net assets (liabilities) |
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Capital and reserves |
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For the year ending 30 June 2021 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. -
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
Footnotes:
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Advances and credits
Statutory information
355 Automobile Restorations Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address are as below:
Registered number: 05427580
Registered office: The Hayloft
Water Lane Farm
Water Lane
Albury
Surrey
GU5 9BD
Average number of employees
The average number of employees during the year was 5 (2020 - 5).
Other financial commitments
At 30 June 2021 the company had maximum total commitments under cancellable operating licence in respect of land & buildings of £2,900 (2020 £Nil).
Secured debts
At the year end the company had liabilities for assets held under Hire Purchase contracts totalling £37,680 (2020 £Nil). The security is provided on the assets to which it relates.
Going concern/post balance sheet events
The current economic conditions caused by the on-going Covid 19 pandemic create uncertainties particularly
over the level of demand for the company's services and products.
The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the levels of its current facilities. After making enquiries and providing confirmation that his financial support for the company with continue for the forthcoming year, the director has a reasonable expectation that the company has adequate resources to continue to operate for the foreseeable future. The director therefore continue to adopt the going concern basis in preparing the financial statements.
355 AUTOMOBILE RESTORATIONS LIMITED Registered Number 05427580
Notes to the Micro-entity Accounts for the period ended 30 June 2021
1Employees
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Average number of employees during the period |
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