Piedra Ltd,Ltd - AccountsLtd - Accounts

Piedra Ltd,Ltd - AccountsLtd - Accounts

PIEDRA LTD - Company Information

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2020-10-01 12232088 2021-09-30 12232088 2020-10-01 2021-09-30 12232088 2020-09-30 12232088 2019-09-27 2020-09-30 12232088 uk-core:WithinOneYear 2020-09-30 12232088 uk-core:WithinOneYear 2021-09-30 12232088 uk-core:AfterOneYear 2020-09-30 12232088 uk-core:AfterOneYear 2021-09-30 12232088 uk-core:ShareCapital 2021-09-30 12232088 uk-core:ShareCapital 2020-09-30 12232088 uk-core:RetainedEarningsAccumulatedLosses 2021-09-30 12232088 uk-core:RetainedEarningsAccumulatedLosses 2020-09-30 12232088 uk-bus:Director1 2020-10-01 2021-09-30 12232088 uk-core:PlantMachinery 2020-10-01 2021-09-30 12232088 uk-core:ComputerEquipment 2020-10-01 2021-09-30 12232088 uk-core:FurnitureFittings 2020-10-01 2021-09-30 12232088 uk-core:CopyrightsPatentsTrademarksServiceOperatingRights 2020-10-01 2021-09-30 12232088 uk-core:CopyrightsPatentsTrademarksServiceOperatingRights 2021-09-30 12232088 uk-core:ComputerEquipment 2020-09-30 12232088 uk-core:FurnitureFittings 2020-09-30 12232088 uk-core:PlantMachinery 2020-09-30 12232088 uk-core:PlantMachinery 2021-09-30 12232088 uk-core:FurnitureFittings 2021-09-30 12232088 uk-core:ComputerEquipment 2021-09-30 iso4217:GBP xbrli:pure 12232088 uk-bus:AuditExemptWithAccountantsReport 2020-10-01 2021-09-30 12232088 uk-bus:FRS102 2020-10-01 2021-09-30 12232088 uk-bus:FullAccounts 2020-10-01 2021-09-30 12232088 uk-bus:PrivateLimitedCompanyLtd 2020-10-01 2021-09-30
Piedra Ltd
Registered Number:12232088
For the year ended 30 September 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2021
Piedra Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
12232088
As at 30 September 2021
Piedra Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Intangible assets
28,000
-
2
Property, plant and equipment
8,825
10,632
3
36,825
10,632
Current assets
Trade and other receivables
100
100
4
17,580
Cash and cash equivalents
3,118
3,218
17,680
Trade and other payables: amounts falling due within one year
(27,672)
(11,945)
5
(9,992)
(8,727)
Net current liabilities
Total assets less current liabilities
28,098
640
Trade and other payables: amounts falling due after more than
one year
(41)
-
6
28,098
Net assets
599
Capital and reserves
Called up share capital
200
200
Retained earnings
27,898
399
28,098
599
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms Karen Ellwood Director
These financial statements were approved and authorised for issue by the Board on 28 March 2022 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 30 September 2021
Piedra Ltd
Notes to the Financial Statements
Statutory Information
Piedra Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 12232088.
Principal place of business:
3 Rowfield
Edenbridge
TN8 6DB
Registered address:
3 Conqueror Court
Sittingbourne
Kent
ME10 5BH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Intangible assets
Intangible assets (where applicable) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
25% Reducing balance
Computer Equipment
25% Reducing balance
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2 of 4
5
For the year ended 30 September 2021
Piedra Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Intangible Assets
Cost or valuation
£
Additions
35,000
At 30 September 2021
35,000
Amortisation
7,000
Charge for year
At 30 September 2021
7,000
Net book value
At 30 September 2021
28,000
3. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Plant and
Machinery
£
£
£
£
Cost or valuation
At 01 October 2020
14,177
6,440
1,737
6,000
1,136
579
-
557
Additions
At 30 September 2021
6,557
1,737
7,019
15,313
Provision for depreciation and impairment
At 01 October 2020
3,545
1,611
434
1,500
Charge for year
2,943
1,353
326
1,264
At 30 September 2021
6,488
2,964
760
2,764
At 30 September 2021
Net book value
3,793
977
4,055
8,825
At 30 September 2020
4,500
1,303
4,829
10,632
4. Trade and other receivables
2020
2021
£
£
Other debtors
100
100
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6
For the year ended 30 September 2021
Piedra Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Trade creditors
905
120
Taxation and social security
9,492
26,052
Other creditors
1,548
1,500
11,945
27,672
6. Trade and other payables: amounts falling due after more than one year
2020
2021
£
£
Other creditors
-
41
7. Average number of persons employed
During the year the average number of employees was 2 (2020 : 2)
4 of 4