Company Registration No. 12179052 (England and Wales)
SQT RAIL SIGNALLING LTD
Unaudited accounts
for the year ended 31 August 2021
SQT RAIL SIGNALLING LTD
Unaudited accounts
Contents
SQT RAIL SIGNALLING LTD
Company Information
for the year ended 31 August 2021
Company Number
12179052 (England and Wales)
Registered Office
40 LODGE FARM DRIVE
NORWICH
NORFOLK
NR6 7LP
UNITED KINGDOM
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
SQT RAIL SIGNALLING LTD
Statement of financial position
as at 31 August 2021
Tangible assets
4,800
6,000
Cash at bank and in hand
17,665
8,613
Creditors: amounts falling due within one year
(18,745)
(15,634)
Net current assets
3,976
1,580
Called up share capital
2
2
Profit and loss account
8,774
7,578
Shareholders' funds
8,776
7,580
For the year ending 31 August 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 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 27 November 2021 and were signed on its behalf by
Mark Warman
Director
Company Registration No. 12179052
SQT RAIL SIGNALLING LTD
Notes to the Accounts
for the year ended 31 August 2021
SQT RAIL SIGNALLING LTD is a private company, limited by shares, registered in England and Wales, registration number 12179052. The registered office is 40 LODGE FARM DRIVE, NORWICH, NORFOLK, NR6 7LP, UNITED KINGDOM.
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:
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Motor vehicles
5
Debtors: amounts falling due within one year
2021
2020
SQT RAIL SIGNALLING LTD
Notes to the Accounts
for the year ended 31 August 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
3,377
370
Loans from directors
14,743
14,639
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).
