Company Registration No. 06524334 (England and Wales)
Stopped Clock Ltd
Unaudited accounts
for the year ended 31 December 2020
Stopped Clock Ltd
Unaudited accounts
Contents
Stopped Clock Ltd
Company Information
for the year ended 31 December 2020
Company Number
06524334 (England and Wales)
Registered Office
15 PRESTON PARK AVENUE
BRIGHTON
BN1 6HH
ENGLAND
Accountants
GMDT Business Services Ltd
26 Bracken Close
Branton
DONCASTER
S Yorkshire
DN3 3UL
Stopped Clock Ltd
Statement of financial position
as at 31 December 2020
Tangible assets
22,314
25,264
Cash at bank and in hand
93,046
66,357
Creditors: amounts falling due within one year
(150,359)
(137,116)
Net current assets/(liabilities)
31,059
(14,501)
Total assets less current liabilities
53,373
10,763
Creditors: amounts falling due after more than one year
(50,000)
-
Called up share capital
2
1
Profit and loss account
3,371
10,762
Shareholders' funds
3,373
10,763
For the year ending 31 December 2020 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 17 September 2021 and were signed on its behalf by
C St John
Director
Company Registration No. 06524334
Stopped Clock Ltd
Notes to the Accounts
for the year ended 31 December 2020
Stopped Clock Ltd is a private company, limited by shares, registered in England and Wales, registration number 06524334. The registered office is 15 PRESTON PARK AVENUE, BRIGHTON, BN1 6HH, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2020
48,716
33,250
7,782
2,140
91,888
At 31 December 2020
48,716
33,250
7,782
2,203
91,951
At 1 January 2020
25,937
33,250
5,558
1,879
66,624
Charge for the year
1,372
-
1,380
261
3,013
At 31 December 2020
27,309
33,250
6,938
2,140
69,637
At 31 December 2020
21,407
-
844
63
22,314
At 31 December 2019
22,779
-
2,224
261
25,264
Stopped Clock Ltd
Notes to the Accounts
for the year ended 31 December 2020
5
Debtors: amounts falling due within one year
2020
2019
Amounts due from group undertakings etc.
72,727
44,012
Accrued income and prepayments
15,583
-
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
3,830
8,595
Loans from directors
136,536
108,426
7
Creditors: amounts falling due after more than one year
2020
2019
8
Average number of employees
During the year the average number of employees was 21 (2019: 20).
