| AET Flexible Space Holdings Ltd |
| Registered number: |
03870078 |
| Balance Sheet |
| as at 28 February 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
1 |
|
|
1 |
|
| Current assets |
| Debtors |
4 |
|
- |
|
|
901,402 |
| Cash at bank and in hand |
|
|
932,155 |
|
|
240,505 |
|
|
|
932,155 |
|
|
1,141,907 |
|
| Creditors: amounts falling due within one year |
5 |
|
(15,190) |
|
|
(8,682) |
|
| Net current assets |
|
|
|
916,965 |
|
|
1,133,225 |
|
| Total assets less current liabilities |
|
|
|
916,966 |
|
|
1,133,226 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(998) |
|
|
(998) |
|
|
|
| Net assets |
|
|
|
915,968 |
|
|
1,132,228 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
915,966 |
|
|
1,132,226 |
|
| Shareholders' funds |
|
|
|
915,968 |
|
|
1,132,228 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| G M Blake Thomas |
| Director |
| Approved by the board on 7 January 2022 |
|
| AET Flexible Space Holdings Ltd |
| Notes to the Accounts |
| for the year ended 28 February 2021 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Current tax liabilities are not discounted.
|
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 March 2020 |
1 |
|
|
At 28 February 2021 |
1 |
|
|
| 4 |
Debtors |
2021 |
|
2020 |
| £ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
- |
|
901,360 |
|
Other debtors |
- |
|
42 |
|
|
|
|
|
|
- |
|
901,402 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Trade creditors |
(11) |
|
2,559 |
|
Taxation and social security costs |
(1,185) |
|
(1,184) |
|
Other creditors |
16,386 |
|
7,307 |
|
|
|
|
|
|
15,190 |
|
8,682 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Other creditors |
998 |
|
998 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Controlling party |
|
|
The company is controlled by the Director, G M Blake Thomas |
|
|
| 8 |
Other information |
|
|
AET Flexible Space Holdings Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
The Center |
|
201-203 London Road |
|
East Grinstead |
|
West Sussex |
|
RH19 1HA |
