Allied Ship Supplies (Ireland) Limited 31/03/2022 iXBRL
Allied Ship Supplies (Ireland) Limited 31/03/2022 iXBRL
Company registration number:
NI034614
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Statement of financial position
31 March 2022
31/03/22 | 31/12/20 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
|
|
||||||
Investments | 6 |
|
|
||||||
_______ | _______ | ||||||||
|
|
||||||||
Current assets | |||||||||
Stocks |
|
|
|||||||
Debtors | 7 |
|
|
||||||
Cash at bank and in hand |
|
|
|||||||
_______ | _______ | ||||||||
|
|
||||||||
Creditors: amounts falling due | |||||||||
within one year | 8 |
(
|
(
|
||||||
_______ | _______ | ||||||||
Net current assets |
|
|
|||||||
_______ | _______ | ||||||||
Total assets less current liabilities |
|
|
|||||||
Creditors: amounts falling due | |||||||||
after more than one year | 9 |
(
|
(
|
||||||
_______ | _______ | ||||||||
Net assets |
|
|
|||||||
_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
|
|
|||||||
_______ | _______ | ||||||||
Shareholder funds |
|
|
|||||||
_______ | _______ | ||||||||
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
-
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
22 December 2022
, and are signed on behalf of the board by:
Director
Company registration number:
NI034614
Statement of changes in equity
Period ended 31 March 2022
Called up share capital | Profit and loss account | Total | |||
£ | £ | £ | |||
At 1 January 2020 |
|
|
|
||
Profit for the period |
|
|
|||
_______ | _______ | _______ | |||
Total comprehensive income for the period | - |
|
|
||
_______ | _______ | _______ | |||
At 31 December 2020 and 1 January 2021 |
|
|
|
||
Profit for the period |
|
|
|||
_______ | _______ | _______ | |||
Total comprehensive income for the period | - |
|
|
||
Dividends paid and payable |
(
|
(
|
|||
_______ | _______ | _______ | |||
Total investments by and distributions to owners | - |
(
|
(
|
||
_______ | _______ | _______ | |||
At 31 March 2022 |
|
|
|
||
_______ | _______ | _______ | |||
Notes to the financial statements
Period ended 31 March 2022
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is Unit 6 McLean Road, Unit 6 McLean Road, Campsie, Derry, BT47 3XX.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property | - |
|
|
|
Plant and machinery | - |
|
|
|
Fittings fixtures and equipment | - |
|
|
|
Motor vehicles | - |
|
|
|
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
Stocks
Government grants
Financial instruments
Defined contribution plans
4.
Staff costs
The average number of persons employed by the company during the period amounted to
4
(2020:
5
).
The aggregate payroll costs incurred during the period were:
Period | Year | |||
ended | ended | |||
31/03/22 | 31/12/20 | |||
£ | £ | |||
Wages and salaries |
|
|
||
Other pension costs |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
5.
Tangible assets
Freehold property | Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total | ||
£ | £ | £ | £ | £ | ||
Cost | ||||||
At 1 January 2021 & 31 March 2022 |
|
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
Depreciation | ||||||
At 1 January 2021 |
|
|
|
|
|
|
Charge for the year |
|
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
At 31 March 2022 |
|
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
Carrying amount | ||||||
At 31 March 2022 |
|
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
At 31 December 2020 |
|
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
6.
Investments
Other investments other than loans | Total | ||
£ | £ | ||
Cost | |||
At 1 January 2021 and 31 March 2022 |
|
|
|
_______ | _______ | ||
Impairment | |||
At 1 January 2021 and 31 March 2022 | - | - | |
_______ | _______ | ||
Carrying amount | |||
At 31 March 2022 |
|
|
|
_______ | _______ | ||
At 31 December 2020 | 90,000 | 90,000 | |
_______ | _______ | ||
7.
Debtors
31/03/22 | 31/12/20 | |||
£ | £ | |||
Trade debtors |
|
|
||
Other debtors |
|
|
||
_______ | _______ | |||
|
268,275 | |||
_______ | _______ | |||
8.
Creditors: amounts falling due within one year
31/03/22 | 31/12/20 | |||
£ | £ | |||
Bank loans and overdrafts |
|
|
||
Trade creditors |
|
|
||
Corporation tax |
|
|
||
Social security and other taxes |
|
|
||
Other creditors |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
9.
Creditors: amounts falling due after more than one year
31/03/22 | 31/12/20 | |||
£ | £ | |||
Bank loans and overdrafts |
|
|
||
_______ | _______ | |||
£180,529 is due to HSBC of which £20,689 has been categorised under Creditors: amounts falling due within 1 year.
10.
Directors advances, credits and guarantees
During the period the director entered into the following advances and credits with the company: | |||||
Period ended 31/03/22 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
|
|
|
(
|
(
|
|
_______ | _______ | _______ | _______ | ||
Year ended 31/12/20 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
|
|
|
(
|
|
|
_______ | _______ | _______ | _______ | ||
11.
Related party transactions
During the period the company entered into the following transactions with related parties:
Transaction value | Balance owed by/(owed to) | ||||
Period | Year | Period | Year | ||
ended | ended | ended | ended | ||
31/03/22 | 31/12/20 | 31/03/22 | 31/12/20 | ||
£ | £ | £ | £ | ||
|
- | - |
|
|
|
Loan to Oakdene Drinks Limited | - | - | 20,000 | 20,000 | |
|
- | - |
|
|
|
Loan to Datacabs (Derry) Limited |
(
|
- | 5,000 | 40,000 | |
_______ | _______ | _______ | _______ | ||